What to Do If Your Insurance Claim Is Delayed (Or Denied) Amidst the COVID-19 Crisis
The ongoing coronavirus (COVID-19) outbreak has forced many businesses to temporarily shutter or severely alter their operations. This has created unprecedented economic losses, especially for small and medium-sized businesses. At the same time, certain industries have never been busier. The insurance industry is likely one of them.
Insurance Companies Struggle to Meet Demand
At the moment, insurance companies of all types are receiving an extremely high volume of inquiries. Many come from customers concerned about changes that may apply to their coverage. Businesses are seeking to cover their economic losses during the ongoing emergency. In addition to public health guidelines like social distancing, this volume of activity has forced insurers to adjust. Many have requested temporary relief from regulatory burdens, allowing them to focus more of their time and resources on customers. Even still, policyholders who attempt to file any type of insurance claim right now might see delays. This is especially likely if you are a business seeking disaster relief for your temporary income losses.
Litigate Delays and Manage Your Claim with an Experienced Law Firm
Andersen, Tate & Carr, P.C., is a full-service law firm dedicated to serving our business, individual, and personal injury clients. Contractual law requires insurance companies to honor claims within a reasonable timeframe and provide sound reasons for any delays or denials. If you have recently encountered frustration when dealing with insurance companies, we are here to help you. Contact us today if you’re having trouble with an insurance policy or a claim. Our Georgia law firm will assist and ensure that insurance companies act in good faith. We want our clients to have a speedy resolution to their claims and receive the maximum amount of available compensation where possible. Call 770.822.0900 or contact us online now to speak with an experienced attorney during a free, no-obligation consultation. We have experience handling insurance cases for all of the following categories:
- Car accident insurance (personal injury claims)
- Homeowner's insurance
- Business interruption insurance (hardship, disasters)
- Business liability insurance, for errors & omissions, breach of contract claims, etc.
Georgia Businesses Urged to File for Business Interruption and Disaster Hardship Losses Early
Business owners should quickly assemble and file claims for their ongoing losses as a result of mandatory, government-enforced closures during the COVID-19 crisis. That's according to David Chmiel, National Director of Claims at Hub International Ltd., a major insurance carrier based in Chicago. While the full scope of losses is not yet known, businesses have a vested interest in starting the claims process. “One of the many things that we have learned about this process in a short amount of time is that timing is of the essence and delays could inhibit the ability to secure coverage,” Chmiel recently told Business Insurance magazine. If you experience delays, your claim may benefit from the attention, resources, and experience that a business law attorney in Georgia can provide. We at Andersen, Tate & Carr, P.C. have extensive experience handling claims and negotiating with insurers. We know the techniques they use to delay policies, reduce coverage, or otherwise obfuscate claims. We can help expedite your claim and navigate challenges presented by the ongoing COVID-19 crisis. Our central goal is to use a speedy and efficient process to secure the maximum amount of compensation available.
Georgia Insurers Making Accommodations, Requesting Regulatory Relief During COVID-19 Pandemic
Insurance companies are businesses too, and they understand the current need for efficient handling of all claims. Accordingly, the Georgia Department of Insurance (GADOI) has recently approved an expedited process for two new business interruption endorsements related to COVID-19's impact. Additionally, insurance companies across the country are requesting relief from certain regulations that hold up claim resolution. For example, carriers are requesting the ability to send important policy documents electronically instead of through first-class mail. One important outcome of COVID-19-related policy-making is that all insurance companies are required to maintain policies for clients even if they have non-payment issues within the next 60 days. This ensures that businesses and individuals are covered even if they cannot make a payment.
Let Us Negotiate with Insurance Companies for You
Whether you're trying to file a personal injury claim or want to provide workers' compensation for your employees, insurance companies are notorious for delays and denials. As insurance companies are spread thin during the COVID-19 situation, we expect that insurers will have more difficulty than ever managing claims on time. Let us help you expedite your claim and increase the chances that you can get the maximum amount of compensation available for your losses. Call us to discuss your claim or case during a free, no-obligation case review by dialing 770.822.0900 or by contacting us online now.
