Bad Faith Insurance Lawyer
Denied Insurance Claim Lawyer
If you have been offered an unfair settlement or had your claim denied by your insurance provider, you may feel helpless to do anything to fight back. A bad faith insurance lawyer knows how to deal with these situations and can help make sure you are not taken advantage of by your insurance company.
What is a Bad Faith Insurance Claim Rejection?
There are a variety of ways in which an insurance subscriber can be mistreated by the insurance company with whom they hold a policy. A Insurance claim may be wrongfully rejected, the company may make unreasonably slow payment, the investigation may be improper, or the company may make only partial payment. When any of these things occurs, the insurance company has acted in bad faith. Insurance companies are in the business of making money. Their goal is to accept premiums while paying out on as few claims as possible. Call a bad faith insurance lawyer to help you fight back!
Bad Faith Insurance Law
An insurer has the responsibility to deal with its insured with a high standard of care. This means that the insurance company must treat the policyholder with a duty of care and loyalty by dealing fairly, honestly, and in good faith at all times. If the insurance company breaches its contract with the policyholder, the policyholder may have a cause of action, which is called a "Insurance Bad Faith Claim." Bad Faith Insurance Claims include actions against insurance companies where the company has unjustifiably:
- Failed to compensate the insured for loss covered under the policy
- Unreasonably delayed making payments
- Failed to adequately pay a claim
- Conducted an improper investigation
If you are a policyholder and your insurance company has acted in bad faith with regard to your policy benefits, please do not hesitate to contact a , bad faith insurance lawyer or a bad faith insurance attorney today to discuss your case.
What protections does law provide against abuses by insurance companies?
Most states require all insurance companies to treat insurance claims from customers in good faith and within time limits. If an insurance company is wrongfully denying your claims or taking too long, contact a Insurance Bad Faith Attorney today.
Insurance companies are expected to do the following:
- Communicate often and quickly with you.
- Pay all of the benefits allowed under the policy within a reasonable time.
- Settle when there is a reason to settle.
- Investigate the claim thoroughly.
- Take into account your interests.
- Start investigating quickly.
Punitive damages are a legal device designed to help both the public at large and the people injured by an insurance company's bad faith actions. Punitive damages are extra money paid by the insurer to the injured person. They are not intended to pay the injured person back for any loss they have incurred and are different from pain and suffering damages. The purpose of these damages is to prevent others from doing the same bad things that the defendant did. In states that allow punitive damages in insurance cases, the law often requires the victim to prove that the defendant was acting with malice, fraudulently, or in an oppressive way.
insurance lawyers encounter bad faith insurer practices in the following areas:
Unum Provident, for example, is notorious for failing to pay claims or raising one silly little "point" to stall paying you your disability money when you need it the most. There are certain notice requirements that must be met and there are many medical conditions that are built into the contracts that exclude some coverage.
insurance claims attorneys know the technical terms of those complicated insurance contracts, and therefore have the tools to challenge an insurance company's denial of a claim. If you have questions about your disability policy, contact one of the disability insurance attorneys listed above today.
Life Insurance Policies
If your life insurance policy has been wrongfully canceled or if they have not paid you for a life insurance claim, please contact a Life Insurance Policy Lawyer today.
Auto Insurance Claims
Uninsured - Underinsured Clause Denials:
If you have an underinsured or uninsured clause in your auto insurance policy, the insurance company has a duty to compensate you for any loss you have suffered, which is not covered by the insurance policy of the person or entity causing your injury or damage. Insurance companies tend to fight these underinsured/uninsured claims aggressively. generally requires all drivers to carry Uninsured Motorist (UM) insurance. If you are injured in a car accident and the other person does not have insurance or does not have enough to cover the cost of your injuries, Uninsured Motorist insurance should pay for your damages. It is important that you contact a Bad Faith Insurance Lawyer as soon as possible to preserve your rights.