We would all like to believe that our insurance companies are looking out for our best interest. Unfortunately, that simply isn’t true. Insurance companies are concerned about making a profit, and while not all insurance companies act dishonorably, many do. If you file an insurance claim and your company wrongfully denies, delays, or underpays your claim, you may have need of an insurance lawyer. What is Insurance Bad Faith? Insurers are expected to evaluate each claim fairly, and if they fail to do so they act in bad faith. Bad faith insurance can appear in many forms, either by failing to pay a valid claim, underpaying a claim, or delaying a claim. Whether you are filing an insurance claim for a car accident or other type of injury, it is important to defend your rights by working with an attorney. Not only is it unethical for insurance companies to act in bad faith, it is also illegal. In most cases, people are not prepared to pay for the damages after an accident; they rely heavily on the compensation provided by their insurance company. If you believe your claim is covered under your insurance policy, but your insurance company has acted in bad faith, you may still be able to take action to obtain the compensation you deserve. Your Next Move If you have been the victim of bad faith insurance, you should take immediate legal action to protect your rights. Policyholders can sue their insurance company for failing to act justly and fairly. By taking legal action against insurance companies guilty of acting in bad faith, policyholders may be able to obtain the compensation they initially asked for, in addition to punitive damages. Cases of bad faith insurance can be extremely complicated and difficult, which is why it is so important to work with an experienced attorney. Your lawyer can review your situation, evaluate the claim you filed and the response of your insurance company in order to determine where and when the act of bad faith occurred. Contact Williams DeClark Tuschman Co., L.P.A. to discuss your case with our attorneys!
How To Fight Bad Faith Insurance
| Dec 27, 2017 | Bad Faith Insurance