INSURANCE LAWYERS

When an insurance company fails to honor the obligations in your insurance contract, or fails to perform some other responsibility it has to you pursuant to the insurance you purchased, you may have a case against the insurance company for “Bad Faith.”

What is ‘Insurance Bad Faith’?

All insurance companies have an obligation under state law to act in good faith. As part of this duty of good faith, insurance companies are required to do the following, among other things, in handling your claim:

• Promptly investigate your claim

• Promptly pay your claim

• Communicate regularly with you regarding the status of your claim

• Promptly pay you any undisputed portion of claim

• Provide a prompt and reasonable explanation of any claim denial or offer compromise settlement

What constitutes “Bad Faith”?

There are many instances where an insurance company can be said to be dealing in bad faith, or unfairly, with its clients. The most prevalent among these include:

• Low-balling – unreasonably low offer to compensate for damages.

• Delay or Denial of a claim without reason.

• Ambiguous policy wording.

• Failure to investigate or perform due diligence.

• Failure to act within a reasonable time.

• Delay in payment while waiting on a settlement with a third-party insurer.

• Intentional deception and fraud.

• Refusing a settlement offer and then losing in court for an amount larger than is provided for in the policy.

Bad Faith insurance claims can effect individuals (home insurance, auto, casualty, medical, et al) and businesses (product liability insurance, workplace accident, third-party liability). Litigation against an insurance company is an expensive and complex process, requiring substantial legal and financial resources far beyond the means of the average individual.

Damages In Bad Faith Cases

Where a policyholder successfully shows that an insurer breached the covenant of good faith and fair dealing, the insured can recover all damages caused by the breach. This includes all consequential losses, loss of use of the insurance proceeds, general damages, attorneys' fees and in cases of egregious and outrageous misconduct, punitive damages.

In all bad faith cases it is essential that measures be taken promptly to review all communication with the insurance company and investigate the insurance coverage in question before the statute of limitations expires.

If you or a loved one is a victim of insurance company bad faith, The initial consultation is free of charge, and if we agree to accept your case, we will work on a contingent fee basis, which means we get paid for our services only if there is a monetary award or recovery of funds. Don’t delay! You may have a valid claim and be entitled to compensation for your injuries.

A Lawyer will provide you a Free Consultation.

If you or someone you know has suffered due to
a personal injury, we can help.