December 5, 2008, Newsletter Issue #146: What If My Insurance Company Denies My Uninsured Motorist Coverage Claim?

Tip of the Week

If there is a point in your claim process where you feel that you are not getting the full amount for damages or if your insurance company denies your claim fully you still have recourse. You or your insurance company can call for arbitration. Arbitration consists of 3 arbitrators (one you pay for, one they pay for, and the third you split the costs for) who will then review the claim and decide what action to take. The arbitrators' decision is final. Neither party can influence this decision. It will take at the very least 30 days to come to a decision. Ultimately this will lead to you looking for a new insurer no matter the outcome.

About LifeTips

Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.

Exclusive Sponsor

CarInsurance.com provides all the information necessary to help our customers make an educated decision when it comes to auto insurance. in addition to the tips provided by LifeTips, we also offer an online Learning Center on our site.

Our Learning Center contains a variety of information from Articles on auto insurance and other car topics, to the last in insurance related news headlines. We also have a Questions & Answers section to help you find answer to some of the most commonly asked questions, and we encourage you to ask your own questions as well.

Stay informed with all the tools available at CarInsurance.com to help you get the most affordable rates for the right coverage.

Not finding the advice and tips you need on this Car Insurance Tip Site? Request a Tip Now!


Guru Spotlight
Ray Lokar