Insurance Bad Faith Claim
Under the law, your insurance company must deal with all claims fairly in order to remain valid. This concept is implemented upon signing any sort of insurance contract, and it remains in effect throughout the duration. If your insurance company fails to act in a reasonable way, you may need to file an insurance bad faith claim.
What Is Bad Faith?
If an insurance company refuses to cover a claim for no discernible reason, this company can be accused of acting in bad faith. Bad faith can include not valuing damaged property correctly, not undertaking accurate investigation, or simply refusing to acknowledge a claim even exists. In this event, it's crucial that the insured contact an attorney immediately.
What Are Some Signs of Bad Faith?
When it comes to identifying bad faith on behalf of insurance companies, the following instances can signal wrongdoing of some kind:
- Advising the insured not to seek legal representation
- Attempting to settle a claim for less than the reasonable amount
- Delaying either payments or replies to correspondence
- Issuing payments without accompanying statement information
- Requesting additional documentation not listed in the policy
Hold Insurance Companies Accountable
Those doing business with insurance companies are entitled to fair treatment under the law. In the case of insurance bad faith, you must seek out a dependable lawyer to ensure proper dealings from your insurance company in every circumstance. Call Maloney-Lyons, LLC now at (800) 809-3669 or (251) 433-4440 to schedule a free consultation with a bad faith attorney.