Missouri insurance companies, adjustors, and administrators frequently delay settling claims and lawsuits - our law office can help!


Kansas City personal injury and wrongful death clients often ask why Missouri insurance auto, home, commercial, and professional companies make so much effort to delay paying out what they rightfully owe on a claim or lawsuit.  The answer is simple – delaying payment is profitable.  If your insurance carrier has wrongfully denied a claim made by you, contact us at once to speak to a Missouri bad faith attorney about your insurance claim.


Missouri insurance carriers wrongfully deny claims - both claim coverage and defense - for a number of reasons: 


First, delaying payment on a claim or lawsuit (part of the “3D’s”) helps wear down injured plaintiff’s/claimants in a Missouri personal injury case or wrongful death case.  This often results in a lower payment later on because folks either get tired of fighting with the insurance company or they are forced into a position that results in them having little choice but to accept less than a fair settlement amount.


Our personal injury law firm regularly encounters folks injured at work or in car crashes in Kansas City who find themselves in a catch-22:  They need to finish treatment for their injuries to maximize the They need money to get medical treatment or surgery to get better, but they cannot 


Second, delaying payment on a Missouri claim or lawsuit earns interest.  Insurance companies often handle tens of thousands of claims each year, totaling millions and perhaps even hundreds of millions of dollars in potential payouts.  


Lets do some rough math:  Assume that a Missouri insurance company plans on paying out $100,000,000 in a given year, an average of $8,333,333.33 per month.  For the sake of making the math easy, lets also assume that the insurance carrier can earn 10% interest on its money through its investments.  

If the insurance company can consistently delay payment on all of their claims an average of 30 days, then the math works like this:

8,333,333.33 (1/12 of the yearly claim/lawsuit payouts) * .10 = $833,333.33 in profit per year.

If the insurance company can consistently delay payment on all of their claims an average of 90 days, then the math works like this:

$25,000,000.00 (1/4 of the yearly claim/lawsuit payouts) *.10 = $2,500,000.00 in additional profit per year

Finally, if the insurance company can consistently delay payment on all of their claims for an average of a year, the math works like this:

$100,000,000.00 (yearly claim/lawsuit payouts) * .10 = $10,000,000.00 in additional profit per year.


The math doesn’t lie – insurance companies in Missouri make millions of dollars per year by delaying paying claims and lawsuits.