Keating Law Group
Speak with an Experienced Attorney
Se Habla Español

Valid reasons insurance companies may deny claims

On Behalf of | Dec 1, 2022 | Insurance Law |

People in Nevada have insurance on their vehicles, homes and other important property to protect them in the case of accidents and other types of damage. They may pay the premiums for years without needing to file a claim, but they expect that the insurance company will pay for their damages when they need it.

They also expect that if they are in a car accident that was not their fault, they will be able to file a claim with the other driver’s insurance company, or at least their own insurance company, to receive compensation for the damages that they suffered due to the accident.

This can include compensation for the damage to the vehicle, as well as compensation for medical bills and other complications.

It’s certainly frustrating for policyholders when insurance companies don’t give them the compensation they want, but there are often valid reasons to deny paying a claim.

Valid reasons for denials of insurance claims

There are many possible reasons for denying a claim. Some of the more common reasons are:

  • The drivers involved in the accident did not pay their monthly premiums for the insurance plan
  • The type of damages is excluded in the insurance policy
  • The at-fault driver is an excluded driver under the insurance plan
  • The victim or the at-fault driver did not report the accident to the insurance company on time
  • The insurance policy limits are not high enough to cover all of the damages caused by the accident
  • The victim of the accident was breaking the law at the time of the accident
  • The victim waits too long to receive medical treatment for injuries

These are all valid reasons under Nevada law. However, there are times when insurance companies may deny claims without one of these valid reasons.

In those situations, the insurance companies may be opening themselves up to a bad faith insurance claim. These can create problems for insurance companies and consulting with experienced attorneys could be beneficial.

AV | Distinguished | Peer Review Rated | | Lexis Nexis | Martindale-Hubbell | For Ethical Standards & Legal Ability
American Board of Trial Advocates
Super Lawyers
The Best Lawyers In America
Best's | Client Recommended | 2020 | Insurance Attorneys