Let’s talk about something important—insurance. Whether it’s auto, homeowners, renters, or business insurance, most people assume that if they’ve been paying their premiums, their insurance company will have their back when something goes wrong.
Unfortunately, that’s not always the case.
As a policyholder in New York, it’s critical to understand that your insurance company is a for-profit business—and profits often come from denying or minimizing claims. That doesn’t mean your insurer will never help you, but you need to be aware of their strategies and your responsibilities.
Timely Notification Is Key in New York
One of the most common reasons insurance companies in New York deny claims is for “late notice.” That term can be tricky. What you think of as a short delay—maybe just a few days—might be enough for your insurer to disclaim coverage or completely deny your claim.
We’ve seen cases where coverage was denied simply because someone waited a couple of days to notify the insurer of a potential claim. Under New York insurance law, timing really does matter. Some policies require “immediate” notice, while others might offer a longer window. But no matter what, the sooner you notify your insurance company, the better.
What Should You Do?
- Notify your insurance company immediately if you’re involved in an accident or incident that could lead to a claim—even if you’re unsure.
- Document everything: Keep records of when you called, who you spoke with, and what was discussed.
- Review your policy carefully: Know what your obligations are under the terms of your insurance policy.
- Speak with an attorney if you’re unsure how to proceed or if your claim has been denied unfairly.
Remember: Insurance Companies Protect Themselves—Not You
Insurance companies make money by limiting payouts. That’s why you must be proactive and informed. If you’re facing a denied claim, or you’re unsure whether your notice was timely, don’t wait—get legal advice right away.
Have questions about your insurance claim or coverage in New York? Contact us today. We’re here to help you understand your rights and make sure your insurance company holds up their end of the bargain.