The Texas Department of Insurance: How They Can Help You Get Compensation
The Texas Department of Insurance (TDI) is an agency set up to help defend Texas insurance holders against bad faith practices by insurance companies. Still, with such a complicated process, it can be difficult to understand exactly how the Texas Department of Insurance can help you.
Keep reading to learn more about what the Texas Department of Insurance can do to help you fight for compensation.
What Does the Texas Department of Insurance Do?
As we described briefly above, the TDI helps to defend Texas consumers against unfair insurance practices. What that means in practice is that agents with the department follow up on complaints against insurance companies filed by policyholders. The TDI will start by reviewing the details of your complaint and determining whether or not wrongdoing took place. They will then contact the insurance company and allow them to respond.
The insurance company may respond by providing evidence that disproves the validity of your complaint, but if no such evidence exists, they may respond by paying what you feel you’re owed. If the TDI determines that the insurance company broke the law in the course of handling your claim, then the company may face penalties.
It’s important to note that the TDI has limited powers when it comes to forcing insurance companies to act. In some cases, you will still need to file a bad faith insurance lawsuit to get whatever compensation you may be owed.
When Should You Make a Texas Department of Insurance Complaint?
The TDI can help with complaints against most types of insurance providers, including home, health, auto, life, and more. In general, you should consider filing a Texas Department of Insurance complaint if your insurance company does any of the following:
- •Undervalues your claim
- •Wrongfully delays or denies your claim
- •Misrepresents your policy or insurance laws
- •Delays payment on a valid claim
- •Makes any kind of threats
- •Fails to carry out a prompt investigation of your claim
If you’re unsure whether or not the TDI can help with your case, you can always call them and ask. If you feel your insurance company has treated you unfairly in any way, you should get in touch with a bad faith insurance lawyer to learn what to do next.
A McAllen Bad Faith Insurance Lawyer Can Help You Get Relief
Unfortunately, the TDI has somewhat limited powers, and they often will not be able to help policyholders get insurance settlements. If your insurance company or the TDI have denied the validity of your complaint, or if you feel your insurance company did not break any laws in their treatment of you, then you should contact a McAllen bad faith insurance lawyer for help.
A McAllen bad faith insurance attorney can help you determine whether or not your insurance company acted illegally or in bad faith, and can help you determine the right course of action to fight for what you’re owed. If you feel your insurance company is wrongfully delaying or denying your claim, get in touch with the McAllen insurance lawyers at Millin & Millin Attorneys.