Are You a Victim of Insurance Bad Faith?

Posted by Digital_Zone on October 5th, 2022

What is insurance bad faith?

An insurance policy is a contract between a policyholder and an insurance company. As a swap for payments from the policyholder, the organization agrees to supply fair coverage as described in the contract. The organization is considered acting in bad faith when it denies, delays, or underpays a valid claim for coverage.

Insurance companies often prioritize their very own interests and may stay away from paying claims whenever possible. While this saves the insurers money, it's often to the detriment of people who buy policies to safeguard themselves when the unthinkable happens.

In the event that you read your policy and feel your insurance is not providing the coverage you deserve, it is very important to take action. When your insurer denies a state without justification or recklessly disregards your rights, you could have grounds to file a bad faith insurance claim to recover damages.

How an attorney can help you

When your insurance company doesn't meet the terms of its policies and unreasonably delays or denies payment of your valid claims, experienced bad faith insurance lawyers can help you pursue the financial compensation you deserve.

An insurance company that acts in bad faith is liable for the value of the insurance contract. The organization must also pay compensation for the emotional and financial distress that the tort lawsuit causes for the plaintiff. A very qualified insurance law attorney can help you calculate the damages for which the insurance company is responsible, and can help you take your insurance company to court if need be.

David L. Lilienstein, a San Jose insurance lawyer at the DL Law Group, represents consumers in most insurance-related law matter. Their attorneys specialize in bad faith insurance attorney in Rogers related to any or all types of insurance plans, including disability, health care, long-term care, life, homeowners, property, and automobile plans.

The DL Law Group has won millions of dollars in settlements for the clients. Contact their office today for a free of charge phone consultation to discuss your insurance issue.