The Claims Game: The Tricks and Deceptive Tactics Insurance Companies Use to Underpay or Deny Your Claim

The Claims Game: The Tricks and Deceptive Tactics Insurance Companies Use to Underpay or Deny Your Claim PDF

Author: David Skipton, PCLA, LPCS, SPPA, AIC

Publisher: Lulu.com

Published: 2015-11-10

Total Pages: 133

ISBN-13: 1483437019

DOWNLOAD EBOOK →

When someone suffers a serious loss at their home or business, one of the first things they often think is this: "At least I have insurance." But the claims process is deviously designed to pay only pennies on the dollar for losses. Furthermore, if you take an insurance company to court, you'll find that the legal system is stacked against you. David Skipton brings his many years of claims adjusting experience to help you avoid the pitfalls in the claims process. Learn how to: recognize the tricks insurance companies play to cheat you out of money; take steps to improve your chances of enjoying a favorable outcome on a claim; and receive fair compensation in the event of an insurance payout. It doesn't matter if you own a business or a home-if you have an active claim or not-it's important to demystify the claims process. It begins by learning how to protect your best interests and learning how to play The Claims Game.

Delay, Deny, Defend

Delay, Deny, Defend PDF

Author: Jay M. Feinman

Publisher: Penguin

Published: 2010-03-18

Total Pages: 241

ISBN-13: 1101196289

DOWNLOAD EBOOK →

An expose of insurance injustice and a plan for consumers and lawmakers to fight it Over the last two decades, insurance has become less of a safety net and more of a spider's web: sticky and complicated, designed to ensnare as much as to aid. Insurance companies now often try to delay payment of justified claims, deny payment altogether, and defend these actions by forcing claimants to enter litigation. Jay M. Feinman, a legal scholar and insurance expert, explains how these trends developed, how the government ought to fix the system, and what the rest of us can do to protect ourselves. He shows that the denial of valid claims is not occasional or accidental or the fault of a few bad employees. It's the result of an increasing and systematic focus on maximizing profits by major companies such as Allstate and State Farm. Citing dozens of stories of victims who were unfairly denied payment, Feinman explains how people can be more cautious when shopping for policies and what to do when pursuing a disputed claim. He also lays out a plan for the legal reforms needed to prevent future abuses. This exposé will help drive the discussion of this increasingly hot- button issue.

Insurance Claim Secrets Revealed!

Insurance Claim Secrets Revealed! PDF

Author: R. David Murphy

Publisher: Russell Longcore

Published: 2007-04

Total Pages: 218

ISBN-13: 1425104436

DOWNLOAD EBOOK →

This is the best book you can own on the strategies YOU need to use to get the insurance companies to pay you ALL the money you are entitled to collect when you have a claim. Wouldn't you agree that nothing else matters about insurance other than getting the claim PAID IN FULL? In this book, you will learn: &ndash The games and scams insurance companies use to cut costs and keep claim payments at the lowest amounts possible &ndash When it's the right time to use an attorney &ndash How you can take control of your claim, and not allow the insurance company or claims adjuster to control YOU &ndash What a Public Adjuster is, and the valuable help you can get from Public Adjusters &ndash That the insurance adjuster is NOT there to help you &ndash and much more You will learn: &ndash What to do when you have a car accident...BEFORE you open the car door or talk to anyone &ndash How much MORE money I collected (thousands!) in the two little claims I had while writing this book &ndash About Diminished Value on automobiles, and how it can cost you THOUSANDS if you don't fight &ndash About cheap aftermarket auto parts that insurance companies LOVE, but leave you less safe &ndash And so much more Ask yourself these questions: Do you carry a spare tire and jumper cables in the trunk of your car? Do you have a toolbox at home? Have you ever bought a book or read an article that showed you how to fix something? Do you own a first aid kit? Do you have a fire extinguisher or smoke alarms in your home? Why would you do ANY of those things? Answer: So you are prepared BEFORE something bad happens. READ THIS BOOK BEFORE SOMETHING BAD HAPPENS TO YOU!!! READ THIS BOOK AFTER SOMETHING BAD HAPPENS TO YOU, TO KEEP IT FROM GETTING WORSE! This book should be on the shelf in EVERY HOME. This book should be in EVERY automobile glove box.

Pay Up!

Pay Up! PDF

Author: Chip Merlin

Publisher: Forbesbooks

Published: 2020-03-17

Total Pages: 0

ISBN-13: 9781946633828

DOWNLOAD EBOOK →

"Attorney Chip Merlin exposes the bad faith practices of insurance companies that take advantage of their own customers" -- Page 2 of jacket.

The Art of Property Claims Adjusting: Techniques on How to be a Great Adjuster

The Art of Property Claims Adjusting: Techniques on How to be a Great Adjuster PDF

Author: Danny L. Lee

Publisher: Lulu.com

Published: 2018-03-14

Total Pages: 134

ISBN-13: 1483479757

DOWNLOAD EBOOK →

His common sense approach to sharing techniques on how to make you a great adjuster and providing easy to apply techniques is not seen in most books. After reading this book you will find yourself with many techniques on how to be efficient at what you do, producing great claim files while amazing your customers. His promise to just give key facts will allow anyone to use this book as a reference for years to come. What a refreshing presentation that is geared to truly helping adjusters be great, without having to sift through needless information. Danny lays out a tried and true formula for becoming a great, well rounded adjuster with a fantastic approach to adjusting claims. And Danny does it all in an excellent way that will stay with you long after you finish his book. I highly recommend that all adjusters, from the newest adjuster just entering the property insurance industry to the most experienced adjusters at the tail end of their career, take the time to read and study this outstanding book.

Encyclopedia of Ethical Failure

Encyclopedia of Ethical Failure PDF

Author: Department of Defense

Publisher:

Published: 2009-12-31

Total Pages: 156

ISBN-13: 9781452863467

DOWNLOAD EBOOK →

The Standards of Conduct Office of the Department of Defense General Counsel's Office has assembled an "encyclopedia" of cases of ethical failure for use as a training tool. These are real examples of Federal employees who have intentionally or unwittingly violated standards of conduct. Some cases are humorous, some sad, and all are real. Some will anger you as a Federal employee and some will anger you as an American taxpayer. Note the multiple jail and probation sentences, fines, employment terminations and other sanctions that were taken as a result of these ethical failures. Violations of many ethical standards involve criminal statutes. This updated (end of 2009) edition is organized by type of violations, including conflicts of interest, misuse of Government equipment, violations of post-employment restrictions, and travel.

Customer Fraud and Business Responses

Customer Fraud and Business Responses PDF

Author: Kelly T. Tian

Publisher: Bloomsbury Publishing USA

Published: 2001-12-30

Total Pages: 272

ISBN-13: 0313075921

DOWNLOAD EBOOK →

From remarkably frank and credible responses to their comprehensive research questionnaire, Tian and Keep provide a unique, wide ranging catalogue of frauds that customers perpetrate on businesses--and what marketers can do to combat it. They were able to receive and analyze more than 250 written descriptions--a 71% response rate!--of the acts that customers committed and the methods they used. Instead of merely a checklist, Tian and Keep obtained their data in the customers' own words, resulting in highly detailed and reliable insights into why customers did what they did. They find that customer fraud has emerged as a form of guerilla warfare against companies, that it is adapted to specific situations, and that underlying customers' motivation is a need to get even. Ethics has little do with it. In fact, some respondents even asserted that they had an obligation to commit fraud: they did it to retaliate against what they perceived as unethical acts that businesses committed against them. The result is a rare documentation of the specifics of fraud, how it threatens not only business but entire economies, and the actions--bold and subtle--that marketers can take in self-protective response. Not only will corporate management, particularly in marketing, get detailed descriptions of their customers' fraud strategies and tactics, but they will also receive insights into where they are vulnerable and why. Tian and Keep show that fraud has become so socially acceptable among middle class customers that they are willing to share their tactics, strategies, and secrets with their friends. With this as their foundation, the authors give practitioners an arsenal of detection and deterrence methods. Equally important, they provide ways to implement them without alienating their other, blameless customers. They also show marketers what they can do to reestablish trust in their marketing exchanges with customers, and improve relationships in ways that will diminish (if not fully eliminate) the incidence of fraud. For management generally as well as marketers in companies of all sizes and type, Tian's and Keep's book is essential, engrossing, and useful reading.

Delay, Deny, Defend

Delay, Deny, Defend PDF

Author: Jay M. Feinman

Publisher:

Published: 2014

Total Pages:

ISBN-13:

DOWNLOAD EBOOK →

The essential promise of an insurance policy is that when a claim is filed, the company will pay what it owes, promptly and fairly. Increasingly that promise is being violated. Insurance companies often delay payment of valid claims, deny payment in part or altogether, and force claimants to litigation to receive the benefits to which they are entitled. This new book exposes and documents the problem and offers solutions for consumers and lawmakers.Today insurance companies often delay payment of justified claims, deny payment altogether, and force policyholders and claimants to litigation. Since the 1990s, as a result of the intense focus on price competition and maximizing shareholder value, insurance companies have transformed the claims process into a profit center, adopting elaborate systems to cut payments to policyholders and claimants. Many of these systems have been designed by McKinsey & Co. and other large consulting firms, and they involve sophisticated techniques to avoid the prompt and fair payment of claims and to reward company employees for underpaying valid claims. Delay, Deny, Defend describes the history and operation of these systems in automobile and homeowners insurance, including segmenting claims, litigation strategies, computer systems such as Colossus and Xactimate, and changes in the role of claims adjusters. It also includes chapters on insurance in natural disasters such as Hurricane Katrina and on insurance fraud. Among other sources, the book uses insurance company internal documents, statements of present and former company executives, trial testimony, and other material not widely available. The book concludes with advice for consumers and proposals for legal and regulatory reform.

Exposing the Hoax

Exposing the Hoax PDF

Author: Brandon Lacy

Publisher: Royal Works Publishing

Published: 2017-02-27

Total Pages: 128

ISBN-13: 9781544500003

DOWNLOAD EBOOK →

Insurers once took pride in assisting their customers during times of crisis. But too often today, the insurance industry looks at claims as the focal point of their profitability model, leaving customers navigating a minefield with the potential to destroy their recovery at every step of the process. Still, with the right tools and knowledge, any claim can be maximized, giving the consumer the compensation and the peace of mind they deserve. Brandon Lacy has worked on both sides of the aisle when it comes to insurance, starting in defense before crossing over to the consumers' side, and he knows the ins and outs of the tricky business of claims. Now he shares his insight into both the history and current state of insurance, as well as tips on how to make the most of your claim potential. In EXPOSING THE HOAX, Lacy explores the origins of the claims process from its start as a helpful tool to its current position as a way to increase profitability, explaining along the way how insurers have adopted policies leading to the systematic denial of claims across the board. Using first-hand experiences and personal accounts, he guides readers through the traps and abuses insurers employ, and demonstrates how to get the most out of your claim. Whether you're facing an automobile claim, a homeowners claim, or a long-term disability claim, this is a must-have handbook on how to face down the insurance giants and finally collect the payment you're owed.