INSURANCE BAD FAITH
It is not secret that insurance companies delay or deny payments for valid claims. Just like any person or company, insurance companies do not enjoy paying according to the terms and conditionals of the insurance policy. You may have a claim for insurance bad faith. A bad faith claim could mean you are eligible for additional damages beyond the amount of the denied claim. If your insurance company delayed or denied payment of a valid claim for benefits under your insurance policy, you may have a claim for insurance bad faith which could mean you are eligible to receive additional damages beyond the amount of the denied claim.
An example of insurance bad faith is:
While driving down the road, someone is rear-ended by a driver who drives away from the scene of the accident. Fortunately, the driver had $100,000 supplementary uninsured motorist (SUM) coverage protection on his insurance policy. The SUM coverage will pay him for his injuries even if we do not know the identity of the other driver. The insurance company refuses to promptly pay the whole $100,000 even though he suffered a fractured back. The driver goes to trial and wins a $110,000 verdict. When it is proven the insurance company was legally wrong, that company, not the driver, has to pay the injured person the full amount of the injuries plus an extra $10,000.
INSURANCE COVERAGE DISPUTES
We represent individuals and businesses whose insurance claims have been wrongfully denied by their carriers. Our insurance law disputes practice focuses on issues such as:
- Long-term disability (LTD) claims
- Life insurance claims
- Business losses
- Homeowner claims
- Property claims
- Losses when an insurance company refuses to settle a personal injury claim