Insurance Claims: You Must Spend Money to Collect Money

Insurance claims are getting more and more complicated. Insurance companies are on a mission to increase their profits. That may mean that your insurance company will deny claims, delay claims and defend claims to beef up their bottom line.The fabled management consulting firm of McKinsey and Company was retained a short time ago by three of the largest...

America’s Health Insurers: Bullies Meet a Bigger Bully

Think about the depression that we’re entering in America. Millions of people are losing their jobs, and thousands of companies are either laying off workers, closing their doors or dropping employee benefits. Many of those now-unemployed people are also losing their health insurance. There are presently about 48 million uninsured people in the US....

Insurance Appraisers: Property Appraisals and Estimates

In this article, we’re going to look at how the value of a property claim is determined. This could relate to your real estate property or your personal property, such as your automobile or the contents of your home.Before we go any further…remember this statement:THERE IS NOTHING IN YOUR POLICY THAT REQUIRES YOU TO GET MORE THAN ONE ESTIMATE.Many...

Insurance Appraisal Clause: Resolving an Impasse in Your Claim

What if, after all you’ve done, you and your adjuster/insurancecompany are at an impasse on the value of your property? It’s nowtime to invoke the Appraisal Clause in your insurance policy. The Appraisal Clause is found in all insurance policies, and was designed to establish a procedure to allow disputed amounts to be resolved by disinterested parties....