Why Do Insurance Companies Take So Long To Pay Out?

February 12, 2024

In a perfect world, everyone would get their insurance payout within a few days of filing their claim. We don’t live in a perfect world, though. If you’ve ever filed a claim with an insurance company, you know that it can take weeks, months, or sometimes even years to receive a payout. In some cases, it might even feel like the insurance company is intentionally delaying your claim. What Happens During the Insurance Claim Process? One reason why insurance companies can take so long to pay out is that the claim process can be pretty complicated. Here are the typical steps involved: Connecting with the Insurance Company The first step is always getting in touch with either your or the responsible party’s insurance provider. This is the beginning of the claim filing process. Investigating... Read more

How Do I Prove a Bad Faith Insurance Denial?

January 15, 2024

Insurance policies are designed to provide a safety net during times of need. However, there are instances where an insurance company may act in bad faith, meaning they fail to fulfill their contractual obligations to policyholders. Proving bad faith insurance handling is a challenging but essential process if you believe your insurer is not acting in your best interests. The dedicated team at Doug Terry Law is committed to helping clients hold insurance companies accountable for their actions. With our experience in insurance law, we stand by your side to ensure you receive the coverage and compensation you rightfully deserve. What Is Bad Faith in Insurance? The term “bad faith“ describes an insurance provider that is attempting to renege on its obligations to a client. They may do this by refus... Read more

Why My Car Insurance Was Denied

December 19, 2023

A Car Insurance Denied Lawyer Is Your Best Resource Buying  a car is a major transaction. For many, other than their homes, this is the most valuable asset they own. Thus, they know and understand the value of protecting it through the purchase of car insurance. Most car owners carefully consider which insurance company to use; they review multiple organizations’ policies and select the one that best meets their needs. Of course, they make this purchase hoping they will never need to use it, but believing that if they do, their insurance company would act in good faith and pay their claims quickly and completely. Unfortunately, the opposite is quite often true Even large, established and seemingly reputable insurance companies regularly delay and deny car insurance claims. Insurance companies a... Read more

Is Your Insurer Committing Bad Faith? What Can You Do?

November 9, 2023

You have researched the plan, paid your premiums, and submitted your forms. Most people would consider these the right steps to take when making an insurance claim. Based on these reasonable actions, they would also assume that their claim would be appropriately paid in a timely fashion. Unfortunately, this does not always happen. In fact, insurance companies are known for delaying, underpaying and outright denying claims. While some claims may be invalid and others may be submitted incorrectly, it is not uncommon for insurance companies to treat their policyholders unreasonably and unfairly.  If this sounds like your experience, you should seek the advice of a seasoned and reputable lawyer. Consulting an Oklahoma City insurance claim lawyer can provide the necessary expertise and support in navigating th... Read more

Why Do Insurance Companies Delay or Deny Claims?

October 26, 2023

Have you recently filed an insurance claim and been disappointed at the response you received? If so, you are not alone. More often than not, insurance companies delay, deny and even underpay claims, placing an undue financial burden on their policyholders and leaving them bewildered. And this tactic is not specific to one line of insurance coverage. In fact, health, auto, disability, homeowners, and long-term care claims have a history of being delayed and/or denied. This is confusing to many. When you enrolled in your insurance plan, you likely did so believing that, if you paid your premiums on time and in full, the insurance company would appropriately reimburse you for your expenses as outlined by your policy guidelines. It seems simple, right? Sadly, the world of insurance claim payment is rarely ... Read more

What To Do if a Health Insurance Claim Is Denied

September 19, 2023

Each year millions of medical insurance claims are denied, leaving consumers disappointed and facing severe health and financial consequences. What many believe should be a simple process, resulting in their being reimbursed according to their health care plan guidelines, is often frustrating and incredibly challenging. They have learned that sometimes, even when they do everything correctly, they end up disappointed with the outcome. When health care insurance claims are at the heart of the matter, this seems to be true more often than not. You see, health insurance companies are well-known for denying claims. Many consumers mistakenly believe that their health insurance carriers have their policyholders’ best interests at heart. Unfortunately, they don’t. Their loyalties do not lie with their p... Read more

What is Insurance Company Bad Faith?

August 16, 2023

Insurance Companies are Loyal to Themselves Insurance is Designed to Protect You from Loss The need to protect what is important and valuable to you is genuine; and, in many cases, insurance policies provide you with the peace of mind you need when worrying about severe financial loss. When you purchase an insurance policy, you are promising to pay premiums (a specific amount of money at certain times) for reimbursement for losses. Today, while you can insure almost anything, some of the most common policies cover property, health, automobiles, and even your life. When this coverage is purchased, insurance company clients believe that the process will be simple if they ever need to make a claim. They will be properly compensated for their losses on time. When this time comes, however, many find... Read more

How to File a Health Insurance Appeal for a Denied Claim Cancer

July 20, 2023

Cancer.  Just hearing that diagnosis can strike fear into one’s heart. According to the CDC, 1.7 million people are diagnosed with cancer each year. The disease is devastating -- physically, emotionally, and financially. Medical care is costly; $185 billion dollars are spent annually on treatment. Those suffering from cancer work closely with their medical teams to identify and access the best options for their illness. Luckily, research is continuous and new treatments are regularly discovered. Those who have medical insurance expect that their treatment will be covered, that their procedures will be approved, and their providers paid in full.  Unfortunately, the process is not as simple as it seems. In fact, tens of millions of cancer claims are denied every year. If you have been diagnosed with c... Read more

How to Appeal a Long-Term Disability Denial

June 13, 2023

Believing your long-term disability claim would be covered, without issue, when you have either an employee-sponsored or personal long-term disability insurance plan, seems reasonable. After all, if you have paid your premiums in a timely fashion, the insurance company should uphold their end of your business deal. Unfortunately, getting these claims paid is more challenging than one would think. In fact, insurance companies regularly deny them, leaving individuals like you frustrated and worried. The settlement you expected to receive would have compensated you for your lost earnings; you need that money to pay your bills. In Oklahoma (and across the country) many individuals simply accept the denial from their insurance companies as final. But they shouldn’t. Long-term disability decisions can be appe... Read more

Proton Therapy Support Groups For Cancer Patients

May 23, 2023

Proton Therapy Support Groups For Cancer Patients It can be a relief knowing you’re not alone. There are proton therapy support groups for cancer patients ready to help you.   Cancer Diagnoses Are Life Changing Cancer Support Groups Play a Valuable Role Simply hearing the words “it’s cancer” from your physician is traumatic. It is well known that cancer is a threat not only to your life and health, but also to your finances, job and family. It is often the greatest challenge a person has ever faced in their life. When the future is uncertain, moving forward can seem impossible. Thankfully, those suffering have a host of resources.  There are a broad range of cancer patient support groups nationwide. With the advances made in proton therapy, support groups for current and past patients who... Read more