Insurance Bad Faith
Insurance companies are required by law to deal fairly and in good faith with the people they insure. Insurance bad faith is the failure of an insurance company to fairly handle a claim or provide coverage for a legitimate claim filed by a policyholder. Bad faith can take many forms and can occur at any stage of the claim review and payment process.
Examples of insurance bad faith can include a number of wrongful actions:
- Unfairly handling or refusing to investigate a claim
- Unnecessarily and excessively postponing a claim investigation or payment
- Denying that a legitimate claim is covered
- Denying payment on a covered claim
- Misrepresenting the meaning of the language in the insurance policy
If you have a claim to file, the two most important steps you can take are to file the claim as soon as possible and keep careful documentation of all communication with the insurance company. In case of bad faith or other problems, accurate notes and copies of forms and letters can help support your case. In all cases, filing the claim immediately is important as most policies will not cover claims after a certain time period.
If an insurance company has acted in bad faith, not only are you entitled to have your claim paid, you can also make the company pay additional money for the insurance company’s bad conduct. The GT Law Firm has handled insurance bad faith cases for over 25 years and have forced many insurance companies to pay much more than just the insurance claim amounts. Call us today to see if we can help.