Sunday, February 22, 2009

How Does Your Insurance Company Rate?

In our workers’ compensation and personal injury practice, we constantly deal with insurance companies. Some insurers are better than others when it comes to dealing fairly with claimants.

Recently, one insurance company in particular began employing some rather underhanded tactics against several of our clients. I went online to do some research to see if there were any similar complaints against this particular insurance company.

What I found was a report by the American Association for Justice, formerly the Association of Trial Lawyers of America, identifying the top ten worst insurance companies for consumers. Lo and behold, the insurance company I was looking for made the list.

The American Association for Justice reviewed thousands of court documents, SEC and FBI records, state insurance department investigations and complaints, news accounts from across the country, and the testimony and depositions of former insurance agents and adjusters. When it comes down to it, some insurance companies put profits over policyholders, and the top ten on the American Association for Justice list are the worst offenders. The fact of the matter is, the less an insurance company pays on claims, the more profits it makes, and some insurers go to outrageous lengths to deny or underpay legitimate claims.

According to the American Association for Justice, the top ten worst insurance companies are as follows:

1. Allstate

2. Unum

3. AIG

4. State Farm

5. Conseco

6. WellPoint

7. Farmers

8. UnitedHealth

9. Torchmark

10. Liberty Mutual

To read more about why these insurance companies have earned the dishonorable distinction of being named the top ten worst insurance companies in America, read the full report by the American Association for Justice.

The moral of the story is, if you’ve been in an accident, don’t assume that the insurance company is treating you fairly or acting in your best interest. Remember, the less they pay in claims, the more money they make. If the insurance company is denying your claim, or if you’ve received a settlement offer, it is important that you contact an experienced personal injury lawyer. We’re happy to provide a free evaluation of your case. Call Meuser & Associates at 877-746-5680 or click here to send us an email to schedule a free consultation.

Visit our website at MeuserLaw.com!
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