Our readers in Texas understand the basic concept of an insurance policy: the policyholder pays regular premiums and the insurance company pays any valid claims when necessary. Most people in Texas have home insurance, car insurance, health insurance, life insurance and maybe even long-term disability insurance, for example. We interact with insurance companies all the time.
However, our readers also know that insurance policies are long, complicated documents – contracts, in essence. And insurance companies will carefully scrutinize any claim to attempt to find out if there is a way to get out of paying a claim.
Delayed and denied claims
Unfortunately, delayed or denied claims are quite frequent in Texas and throughout the country, under almost any type of insurance policy that a person or business might have. When delayed or denied claims happen, this can lead to time-consuming – and oftentimes aggravating – back-and-forth discussions with the insurance company to attempt to get the claim payout moving.
But, fortunately, Texas has an insurance code law that protects consumers from insurance companies that may not be acting in the consumer’s best interests. Sometimes, there are allegations of “bad faith” or other missteps that the insurance company might engage in. And, of course, any insurance policy is actually written by the insurance company – meaning that the terms of this “contract” are hardly ever favorable to the consumer.
If you are experiencing a delayed or denied claim with your insurance company, it may be time to look to Texas’ insurance code for help. It may even take litigation to get your insurance company to pay out your claim in the end.
