Shira Smith

10 Common Reasons Why Claims Get Denied

Countless insurance claims, worth millions of dollars, are denied in the U.S. each year. Insurance companies are basically for-profit organizations. This means, if an insurance carrier gets a reason to deny your insurance claim, they will surely take advantage of it. Insurers usually deny claims due to exclusions in a policy. They can also deny your claim because of other reasons like nonpayment of premiums, delay in filing the claim, or suspicion of fraud. If you are concerned about your next insurance claim being denied, knowing possible reasons behind claim denial can help. Here are ten common reasons why a homeowners’ damage insurance claim are denied by insurance companies in the U.S.