Why is NationWide Ins. not paying valid claims and how is it that they can get away with it??

Question

I know of several valid claims that they just tie up in court, I'm sure money is changing hands between lawyers....One big sesspool of corruption!!

Answer 1

"Nationwide's not on your side."

So much for their slogan. That sux. Good thing to know about though.

Answer 2

to piggy back onto rob's response..... the "tie up in court" is often attributed to the plaintiff attorney wanting to get 50% rather than 33% ..... or at least increase what he is getting because once a file goes into suit he gets more of YOUR money ....being an ex-adjuster (thank God) I cannot say I always agreed with my company's approach to handle claims.... but know this... the longer a claim stays open the more $$ it costs the insurance company it "ties up" their reserve allocated for that claim.... insurance is a very complicated issue made more so by the fine print and rulings from obscure venues..... and the saddest part of all is that the consumer is blind and often remains blind to all of this....because your adjuster -who is the best person to explain all this - not your agent- is so swamped they don't have time to explain..... if i could advise the general public about insurance it would be this..... find an agent that writes for a reputable company.... long-standing, stable, dependable, the agent should be accessible and willing to talk about something more than selling another line of insurance to you..... make sure that agent has a claim advocate with the insurance company that they can call to get coverage questions answered..... hypotheticals are hard for adjusters to answer as there are always so many variables..... reading your policy alone can often lead to more questions than answers...... ias an adjuster I always tried to cover my insured as best i could..... sometimes this meant paying a claim that the insured swore they were not at fault for... but the evidence was stacked against them.. but i did this to avoid a lawsuit and exposure to exactly what you elude to in your question...... sometimes i denied a claim and drew the lawsuit you elude to in your question and stuck to my guns because although my insured felt they were at fault - there was strong evidence in their favor that they may or may not have been aware of...... i am sorry this response was so long but I hope it at least you feel a bit enlightened about the industry that everyone hates..... good luck to you

Answer 3

That sounds like a very general statement with no true base for opinion.

Unless you are involved in the business and work at the place you have no way of "knowing" anything.

Yes, sometimes insurance companies will arrive at certain decisions regarding claims. When it seems unfair, it's because something went wrong with paperwork somewhere.

As a consumer you have the right to appeal a claim.

It's a business like any other business.

Answer 4

is that this a proprietor of a house's declare? commonly you will possibly pick to coach that somebody broke into your domicile. you're able to try this by means of displaying compelled or unauthorized get admission to. next you will possibly pick to document a document mutually with your community regulation enforcement, no coverage corporation will proceed in case you're no longer prepared to try this. national ought to pay, if it relatively is a valid declare and in case you had perfect coverage. If this exceeded off on holiday a share of your very own supplies remains lined everywhere interior the international (in Oregon 10%). there are particular limits on silverware, weapons, funds, rings, artwork, employer kit, and so forth. have you ever reached the shrink or are they no longer paying a dime? Is there a deductible that has no longer been met? Are you fudging the actuality by means of telling them which you had a lot of fixtures and you reside in a 800 squareft residence? no longer having receipts isn't a valid reason to deny a declare. think of approximately each and every of the claims that ought to be denied. My grandparents have not bought a lick of fixtures in approx. 30 yrs. purely as a results of fact they don't have reciepts, they get $0.00 in the event that they have a fireplace loss or theft? i do no longer think of so. although, in case you think of that they are going to shrink you a examine for the grand finished of your assets, your incorrect. maximum companies have a thank you to get reductions on merchandise. this form they save their expenses down and would nevertheless replace your possessions. you would be able to properly be handling an over zealous claims adjuster, ask to chat to a supervisor and get a WRITTEN clarification. in the event that they insist then you definately will ought to document a document on your state's coverage commissioner in case you pick repayment.

Answer 5

you think it would be cheaper to pay the claims rather than all the legal expences then still have to pay the claim 2 years later

Answer 6

With enough money, people can do anything.