(Last Updated on: September 10, 2021 )
You have faithfully paid your insurance premiums believing that you had coverage for the unexpected. When you discover that your insurance company refuses to acknowledge a claim is covered, delays a claim, or fails to evaluate a claim, you may find yourself in need of an attorney who specializes in insurance bad faith cases.
Insurance bad faith claims are on the rise. The uptick in these cases is often seen after hurricanes and other natural disasters when insurance companies are hit with large numbers of claims. However, the recession and extended slow economy has also led to more insurance companies being sued by policyholders.
If you have failed to receive compensation on an insurance claim, you may need the assistance of a bad faith insurance lawyer. Depending on the conduct of the insurance carrier, the case may involve punitive and exemplary damages. In some cases, policyholders who are able to prove mistreatment and a breach of a contract, may be able to collect more from the insurance carrier than the face value of the policy.
To obtain qualified representation for your insurance bad faith case, you need a skilled, experienced attorney. Insurance bad faith law is notoriously complicated and specialized. This is not the time to hire an inexperienced attorney!
The reality is that insurance carriers purposely make insurance policies difficult to understand. Terms and conditions frequently change, and the complexity of their language can confuse anyone. They’re quick to collect premiums but are notoriously slow in paying out claims. This is all compounded by the fact that they have large financial and legal resources to protect their interests and intimidate those who protest against their practices.
With so many challenges, insurance bad faith cases can be challenging and lengthy. This is not something you want to attempt to tackle without the assistance of a skilled bad faith insurance lawyer. If you’re battling with an insurance company, the first step is to research qualified insurance firms. You want to work with an attorney who has won cases against insurance companies. You also need to make sure they are willing to take the time to conduct deep research and can handle going up against aggressive defense teams in a courtroom setting. Yes, you also want one who is willing to take the case on a contingency basis.
The sooner you retain a qualified attorney for your insurance bad faith case, the sooner you can begin the process of obtaining a fair recovery for your claim. With the right attorney on your side, you’ll have the best chance of getting a settlement or a verdict in your favor.
