Can I Dispute an Insurance Company Settlement Offer?
Receiving a settlement offer from the insurance company is a common step in the process of filing an insurance claim. If you disagree with the settlement offer, however, it can be a big mistake to sign this piece of paper. As you will officially waive your eligibility to pursue any legal claims in the future. If you feel that the insurance company should pay more than what they estimated or provided in the settlement offer, this is not the end of the road. You can dispute the claim offer or claim denial and ensure that you receive a fair settlement. The first step is often to contact the agent or the company. And if you are unsuccessful with this route, gather your evidence and schedule a consultation with an insurance claim denial lawyer. There is a strong chance that reaching out to them directly will not lead to success. You might also consider an independent appraisal if the insurance company refuses to pay more. A private insurance adjuster or appraiser will typically cost a few hundred dollars and you need to weigh this out in comparison to the amount of money you are disputing with the insurance company. Filing an official complaint against the insurance company often requires hiring an attorney. But you need to verify that your insurance claim amount is high enough to warrant whether or not this is the right step for you. While the insurance department in your state representing consumer complaints, might suggest hiring an attorney, they will not share in the cost of that expense. This is one of the most important things to consider when opting to pursue a case. But if there's been significant damage to your property and the insurance company is refusing to pay out. Then you can schedule a consultation with a lawyer who can help you determine your next steps.