If you were injured in an accident, such as a car crash, medical bills, and lost earnings can pile up quickly. It is understandable to be tempted to settle your case quickly without an attorney, but this is almost always a bad idea. Learn more about insurance claims and attorneys in this article, and talk …
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In 2021, insurance companies collected over $1.3 trillion in premiums. So, these companies have almost unlimited financial resources with which to fight claims. Despite what TV commercials imply, an insurance company is never “on your side.” These companies make money when they collect premiums and they lose money when they pay claims. No business likes …
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For various reasons, the insurance claim denial rate has increased by almost 25 percent since 2016. The rise of cut-rate insurance companies might be the biggest factor. To many drivers, the cost is the only factor when they choose auto insurance companies. If insurance companies decrease their rates, they usually increase their denial rates to …
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Insurance Companies Denial Of Claims In 2019, American insurance companies collected more than $630 billion from property and casualty insurance premiums. So, these companies have plenty of funds with which to pay claims. However, insurance companies only make money when they collect premiums. They lose money when they pay claims. Many insurance companies care little …
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In Illinois, a driver is required to carry auto liability insurance for providing compensation to people who are injured because of their negligence. Despite of this fact, many drivers either have no insurance or inadequate insurance to cover for the damages that they have caused to others in an auto accident. If you are involved …
Continue reading “Why You Should Consider Getting UIM Insurance in Illinois”
