Has your insurance carrier acted out of bad faith? Has an insurance agent handled your claim poorly leaving you struggling to get the compensation you believe you are entitled to? If so, it may be beneficial for you to sit down and speak with a nearby insurance claims attorney in Vermont who can help you. USAttorneys features some of the best lawyers in the state who are qualified, experienced, and skilled in all areas of insurance who can listen to your concerns and address anything they can do to help.
Sometimes we feel confused and helpless when it comes to dealing with your insurance companies as they aren’t always willing to comply, but rest assured as our attorneys are aggressive and won’t back down.
Some Insurance Laws You Should be Aware of
While our VT insurance claim dispute attorneys can assist you with your matter, it important that you use all resources available to make it known that your insurer isn’t treated you and your claim according to state laws that are regulated by the Insurance Division. The Insurance Division in Vermont is works to help protect insureds in the following areas:
- Solvency Laws- These laws “require insurance companies to operate in a fiscally responsible manner so that, after taking their customers’ money (premiums), they can be counted on to pay claims down the road.”
- Consumer Protection Laws require companies to sell insurance that is legal and products that are through licensed producers. This law requires insures to treat consumers fairly, and pay claims in a timely manner.
- Health Insurance Laws “require that consumers are afforded full disclosure of information, a full and fair review of a grievance and that health plans meet quality and access standards for care.”
- Health Insurance Plans are audited on an annual basis and even periodically by the Insurance Division to ensure each company is in compliance with Vermont regulations.
- All insurance policies sold in Vermont are reviewed and approved by the Insurance Division to ensure that they provide the protections required by Vermont law.
So, you see, even though your insurance company is handling your claim how they want, they do have laws they need to abide by and risk facing the appropriate consequences when they fail to do so.
Want to File a Complaint?
One of the best ways to recognize an insurance company for their wrongdoing is to report them to the appropriate agency or department. If you want to take further action and file a complaint against your homeowner, auto, or health insurance carrier, you can do so using the online Consumer Complaint Portal, by mail, or by fax. This information is conveniently provided for you below.
Department of Financial Regulation, Insurance Consumer Services
89 Main Street, Montpelier, VT 05620-3101
Whether you have a question or two or are ready to take a stand against your insurer and hire one of our reputable lawyers, we are here for you. Give us a call today and an agent will be more than happy to assist you.