Can I Sue Pemco Insurance Company?
Have you been involved in an accident and exhausted extensive time and money trying to negotiate reimbursement for your medical expenses? Insurance companies like PEMCO train their claims representatives to mount stiff resistance when presented with large claims, regardless of the extent or severity of a policy holder’s injuries.
If you cannot agree with your insurance company on a fair settlement amount, then you have the option to sue for the amount which you believe is fair, in addition to damages. If the Court finds that PEMCO Insurance wrongfully denied your claim, you would be eligible to recover the benefits of the policy for the claim, and possibly consequential losses and damages suffered for emotional distress, lost income and attorney fees.
Insurance companies have a self interest to not pay claims; it saves them money. Companies receive thousands of claims daily and wrongfully deny many of them. If PEMCO Insurance refuses to pay your claim, denies payment or offers an insufficient amount, it would be wise to hire a lawyer to enforce the insurance company’s obligations. You should never have to represent yourself alone against an insurance company or accept an unfair settlement offer.
Some reasons for which you can sue your insurance provider include:
- The company has failed to carry out proper investigations
- Undue delay in processing a claim
- Disregarding the rights of the policyholder
- Inadequate compensation provided against claim filed