Insurance companies are not on your side. Even if you are working on a claim with your own policy, you cannot assume that the insurance company will do the right thing. The fact of the matter is that insurance companies are in the business of making money, not paying claims.
The claims that insurance companies actually pay out are a fraction of the revenue that they bring in. Even if they paid every claim to the fullest extent, which they don’t, it would be a drop in the bucket compared to the premiums that they collect. But insurance companies are among the greediest in our society, and they want to keep as much of their profits as possible. Continue reading “Tricks Insurance Companies Play to Avoid Paying Claims”