Get help finding the Right Insurance Lawyer for your case
In an insurance policy, a contract is signed between the insurer and the insured. In that contract, the insurance carrier makes a promise to act in good faith in all matters regarding their client. This means that the insurer has a responsibility to be as fair as possible to the insured, and all terms and promises in their contract should be upheld. When an insurance carrier does not uphold their responsibility of fairness, it is known as acting in "bad faith."
Bad faith insurance issues frequently involve the insurer denying an insured's claim. When the insurance company unreasonably or unfairly denies benefits to their client, they are violating their contract and acting in bad faith. Similarly, an insurance company may cover a claim or lawsuit, but they may underpay the insured and cheat them on their benefits. When an insured has been denied their claim or benefits, or paid them less than rightfully owed, a court will try to determine whether or not the insurer acted in bad faith. The court will have to examine the insurance policy, the contract between both parties, and the claim, to determine if the insurer's conduct was reasonable or unfair.
Bad faith insurance lawyers can help you proceed with a bad faith claim. Bad faith issues typically cost the client time and money. However, an experienced insurance law lawyer can help you prove that your insurance company acted in bad faith and unreasonably denied your claim or withheld some of your benefits. An attorney will deal with your insurance carrier in order to get you the benefits you are entitled to. You may also be able to receive punitive damages to help you recover from the bad faith insurance issue.
Bad faith insurance issues come up when an insurance claim that an insured makes is wrongfully denied by the insurance company. Since an insurance policy is a contract between the insured and the insurance carrier, it requires that the insurance carrier act in "good faith". When an insurance carrier unreasonably denies benefits of the insurance policy from the insured, it is known as being in "bad faith".
Insurance companies frequently deny claims. Sometimes when the insurance company acknowledges that a claim or lawsuit is covered by the policy, they underpay the claim. Courts try to determine whether or not an insurer is acting in bad faith by showing if their conduct is reasonable. Insurance companies have a duty to be as fair as they can be to the insured. All contracts have promises that they will not act in bad faith towards their clients.
In bad faith issues time and money are of the essence. A bad faith insurance lawyer can help you proceed with a bad faith claim. Bad faith insurance lawyers can handle these issues with your insurance company and may get you the compensation you are entitled too, along with possible punitive damages.
If you are having bad faith issues with your insurance company, Attorney Search Network refer you to a bad faith lawyer to help you.
If you have any questions about the information provided above, please contact us. Call us toll free at (800) 215-1190 or fill out our online form for your Insurance lawyer referral.