Underestimation of insurance payments
When paying for an insurance policy, you are hoping for a full reimbursement of losses as a result of an insured event. And it doesn’t matter whether you have entered into compulsory motor third party liability insurance contract or insured your own health. The law requires the insurer to approach the situation responsibly, realistically assessing damage.
In practice, almost every insured faced an underestimation of the size of insurance payments in the event of an insured event. This is a popular violation from insurance companies. As a rule, payments are underestimated from 20 to 50%.
But you have the opportunity to get a surcharge from an insurance company. In such a situation, it is advisable to involve the legal agency DTK Partners.
Underestimation of insurance payments
The responsibility for assessing damage lies with the insurance company. After which, it is obliged to transfer the compensation to the victim’s account within 20 days.
However, insurance companies in the Russian Federation generate their own profitability not by investing clients ’funds, but by the difference between the cost of policies and payments to customers. That is, the profit of the organization is formed, including by lowering the amounts of payments.
Therefore, payments to customers are often underestimated. In the case of auto insurance, not all defects are taken into account, standard hours for repairs are reduced, and the initial wear of parts is overestimated. In health insurance, the damage to the body and the duration of treatment are underestimated.
To receive the full payment, an additional examination is required. When identifying the difference between the insurance payment and the amount by decision of the expert, it is necessary to require the payment of the difference.
Moreover, a citizen has the right to receive a penalty for each day that has passed from the moment of payment to the filing of the claim.
But each insurance company has experienced lawyers. Therefore, to deal with them, you will need legal support.
Lawyer services
A qualified lawyer will help:
- during the examination;
- when filing a claim with an insurance company;
- when applying to court;
- when preparing a lawsuit and other documents to court;
- when recovering the cost of expertise from an insurance company;
- in the execution of a court decision;
- and also represent your interests in the process.
You can order single services. But it is advisable to get full legal support for the process.
Support from DTK Partners
Specialists of DTK Partners have significant experience in identifying facts of understatement of insurance payments. You can get our services in Moscow and in any other city in the country. Specialists provide services personally and remotely.
