Insurance companies auto, health, long-term care, and others — sometimes go too far in trying to maximize profits. When an insurance company acts in bad faith, it is failing its policy holders and needs to be held accountable.
Bad faith practices are used to deny, delay, and minimize claims in a way that is unfair to the policy holder. Insurance companies have a legal duty to act in good faith when dealing with claims. In other words, they must not look for ways to get out of living up to their obligations to their policy holders.
There are many ways an insurer can act in bad faith. They can fail to conduct a reasonable investigation of a claim. They can refuse to pay or deny a claim in a reasonable period of time. They can offer far less than what the claim is legitimately worth. They can refuse to pay without investigating the claim or deny a claim without explanation. They can fail to provide important information to the claimant. These are only a few of the more common acts of bad faith.
When dealing with an insurance company, it is helpful to have an experienced attorney on your side. If you or a loved one is in a situation where an attorney could be of help, contact our office to schedule a consultation. We can evaluate your claim and let you know what we can do to help.