Insurance Bad Faith


Getting insurance can help ease the stress if you happen to suffer losses from an accident. However, there are times where even the insurance company can prevent you from getting the right amount of compensation you are entitled for. This is called “insurance bad faith”, and when you or someone you love has been through this, you may be able to file a claim against the insurance company.

Insurance bad faith occurs when the insurance company unreasonably withholds, denies or prolongs your benefits on the policy. They can either give you unjust or unfair conduct while doing business with you. Being denied of your compensation after your accident can bring about a claim that your personal injury lawyers can help you acquire. The following are a number of “bad faith” acts that can help you determine if you can file a claim:

  1. Lowballing (or unreasonably under-settling) your claims
  2. Denying your reimbursement of the total loss
  3. Failing to immediately as well as carefully investigate a claim
  4. Deliberately giving “bad faith” with regards to policies and coverage
  5. Subjectively delaying the payments to a policy-holder

These are just some of the possible cases where you can determine if you are a victim of bad faith and if you are entitled to file for a claim. However, it is important to know that not all disputes are “bad faith” claims, as insurance companies still have the right to investigate and question the claims that they receive. Nevertheless, personal injury lawyers could help you in getting the right and fair compensation for bad faith insurance claims once it has been proven that you have been a victim of them.

There are different penalties in each state when it comes to bad faith claims, therefore knowing and understanding more about your state laws can help you in getting the right amount that you are entitled to.

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