Insurance Disputes

What are the reasons for Insurance Disputes?

Numerous insurance disputes arise in day-to-day life. Hence, everyone is concerned with insurance matters one way or another for example, nowadays, people have health insurance and car insurance, therefore, in case you met with an accident, you will need insurance to cover your compensation claims, whether it was the insurance of the car owner who caused the accident, a contractor whose negligence resulted in damage to your car, or a shopping mall where your car was hit, or a doctor who caused you serious consequences.

Therefore, all the above said parties may have insurance covered by an insurance company. Thus, such accidents lead to disputes with insurance companies, since almost all insurance companies try to avoid the liability since they are legally obliged to cover the compensation expenses first and then collect the insurance value from the insured party in case if it is proved that his/her mistake is not covered by the applicable insurance in such situation insurance disputes arises.

In case if you have a dispute with an insurance company, you do not always have to resort to litigation, since it is costly financially. First, you should always submit complaints regarding the dispute subject at the Federal Insurance Authority. The Federal Insurance Authority has an executive regulation of the insurance law that includes several fines to be imposed if the insurance company refrains from implementing the Federal Insurance Authority’s decision aimed at the amicable settlement of the dispute and you can always resort to the judiciary in case if you wish to do so.

Since Nour Attorneys Law Firm, is always keen on reducing costs for our clients and for us not to be involved in litigation cases that would compete with other litigation cases that we already represent our existing clients in, we seek to resolve disputes amicably, whenever this is possible by obtaining a decision against the insurance company through the Federal Insurance Authority to force the said company to settle the dispute amicably. In such cases, the insurance company usually becomes willing to cooperate since it is threatened by fines that may be imposed on it by the Federal Insurance Authority. Such fines are usually multiplied when the insurance company fails to implement the decision by the specified deadline.

In cases where legal intervention is required by Nour Attorneys Law Firm, our law firm lawyers utilize their extensive experience in judicial disputes against insurance companies to ensure taking all the necessary measures in order for clients to recover their full rights.