Insurance coverage disputes frequently arise when insurance companies disagree as to the extent of their insured's liability or whether a claim is covered. Insurance companies are in the business of making money and will employ numerous tactics to stall or impede your claim.Recently, Washington residents voted for the passage of the Insurance Fair Conduct Act (IFCA). This allows a certain group of people that have been wronged by an insurance company to sue the insurance company for up to three times their actual damages, plus attorney fees and costs (RCW 48.30.015). The passage of this law is likely due to the insurance industry's continued unfair treatment of accident victims and policyholders as well as an insurance claim tactic known as "delay, deny and defend."
Let's face it: insurance is probably the biggest business out there. People insure their life, car, health, home, and business. Almost every aspect of life involves insurance. Like all business, what matters is the bottom line. In order to increase the bottom line insurance companies will attempt to pay as little as possible to accident victims unless they are represented by a personal injury law firm. It does not matter that the offer is unfairly low or unconscionable; what matters is the bottom line. Why do insurance companies get away with this? The answer comes down to "risk."
Insurance companies know that, on average, people have little experience with the insurance claims process and little knowledge regarding what they are entitled to and how much compensation they should be receiving. Knowing this, the insurance companies also know that you pose little risk to them. They are the cat and you are the mouse that is continually being batted around by them.
320 Dayton Street Suite 260 Edmonds, WA 98020 P: 206-838-2500 F: 206-838-2502
The hiring of a lawyer is an important decision that should not be based solely upon advertisements. Before you decide, ask us to send you free written information about our qualifications and experience. The web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. (c) Certa Law Group 2016.