Insurance & Bad Faith Claims
If you have insurance, you have the right to claim the coverage that is due to you. Your insurance company is legally obligated to review your claim in good faith. It cannot escape the obligation to investigate your claim or paying you—doing so may constitute bad faith. Bad faith claims and lawsuits may stem from a number of actions or lack thereof by insurance companies—from denial of coverage, to failure to negotiate a settlement.
Typical bad faith claims against insurance companies:
Failure to deny coverage within a reasonable period of time
Failure to pay claims
Failure to properly investigate
Lack of pertinent information communicated to the claimant
Failure to disclose policy limits
No attempt at a fair and reasonable settlement when liability is clear
Offer of a substantially lower settlement than the value of the claim
Lack of prompt or reasonable explanation for denial of a claim
Failure to negotiate or review the settlement of the claim with the claimant
Absence of a reasonable investigation into the claim
Failure to act upon denial or payment of the claim within a reasonable period of time
Unreasonable denial of coverage
Are you are experiencing any of these issues? Insurance companies are liable to pay the claims they have guaranteed their customers in good faith. Contact Hayes Law and begin the process of reclaiming what is rightfully yours.