Insurance companies make mistakes, and so do insurance agents. But the problem is that if they make a mistake, or if they provide you with insurance that is not what you wanted, you may discover that they will turn down your claims.
That is why you have to make sure that your insurance company provides the coverage that you purchased—whether the policy is for your automobile, your home or your property. The terms in your policy determine the coverage you should receive. If your insurance company makes a mistake, that is not your fault.
In a recent case in federal court (Eastern District of Pennsylvania), the insured requested a policy with $75,000.00 in coverage for personal property. But the insurance company sent the plaintiff a policy with $750,000.00 in coverage. The insured signed the policy and paid the premium for $750,000 in coverage. Then, insured filed a claim after fire damaged its property. Instead of paying the claim, the insurance company just went ahead and amended the policy and issued a refund for the additional premium the insured had paid. The insurance company asked the judge to dismiss the case because it was just a mistake, and it really was only $75,000.00 in coverage. The judge denied that motion because the policy plainly said $750,000 and the insured paid the premium for that amount of coverage.
The same argument applies to automobile insurance. For instance, if you pay for full tort coverage, which allows you to sue for all damages, then you should get full tort coverage – not limited tort that generally does not cover pain and suffering damages.
Our office regularly fights for our clients and others when insurance companies try to limit their ability to be compensated fully and in accordance with their policies. If you were injured by another party’s negligence or your auto insurance company is not abiding by your policy, please call our office at 610-446-3457 or click here to send an email to set up a consultation with one of our attorneys. We will explain the process, guide you and fight to get the recovery you deserve.