Why would an insurance company want me to give them the power of attorney after my car was stolen?
Asking for power of attorney is typical when dealing with a car insurance provider! When the actual cash worth of your car is paid out, your auto insurance company becomes the vehicle owner.
Since the title is in your name, a power of attorney allows the insurance company to function on your behalf until the title transfer is completed. Your signature or approval would be required if a power of attorney wasn’t executed before your insurance company could complete any paperwork about the automobile. (How to make a deal with a car insurance subrogation lawyer?)
This would take a ton of time and might delay your compensation. You won’t lose your money if you sign a power of attorney before receiving payment.
The demand package from my attorney for car insurance is a car accident. When will we hear something?
The wait for an insurance company to react to your demand letter is torturous. Most of the time, you’ll hear back within a few weeks or months. Insurance providers have an economic incentive to resolve disputes quickly. But there is no assurance that your demand letter will elicit a response.
There is no agreement between the insurance provider and you when you file a third-party claim against someone else’s insurance policy. The response to your demand letter can be slow or nonexistent. You can call the claims department and enquire when you may get a reaction if you still haven’t heard from an adjuster after two or three weeks of sending your demand letter.
Ask kindly for a deadline by which the adjuster will get back to you with a decision if they need more time to consider your demand. If the adjuster doesn’t respond by that day, confirm the date in writing and follow up.
Or, you can set a deadline in your demand letter if you want to control the timeframe immediately.
How to sue a car insurance company without a lawyer?
Even without a lawyer, you can sue an insurance provider. You will need adequate proof to submit a successful insurance claim, especially involving substantial amounts of money. You can gather different kinds of evidence, including:
- receipts for medical costs
- pictures of wounds
- testimony from witnesses
- physician’s report
- the police report
The insurance company or the court will presume that you are exaggerating your damages or lying about your injuries if there is no supporting documentation. If you cannot gather enough proof to sue an insurance provider successfully, you should contact a law firm for help. (Why does my lawyer want my car insurance card to file for bankruptcy?)
