Insurers are required by law to properly investigate claims, pay benefits as appropriate, and not delay payment. A bad faith insurance claim arises from an insurance company not handling a claim fairly – intentionally or not.
Generally speaking, a bad faith claim can result when an insurance company refuses to pay a claim without reasonable basis or fails to conduct a proper investigation in a timely fashion.
Deceptive practices to avoid payment, deliberate misrepresentation of records or policy language to avoid coverage, and arbitrary or unreasonable demands for proof of loss are examples of conduct that may rise to the level of bad faith.
Insurance companies operating in bad faith may be liable for damages, which may include contract and punitive damages, emotional distress, attorneys fees, statutory interest and penalties among others.
Insurance policies are often complex and it is difficult to discern if your insurer is acting in good faith. It is important to seek expereinced legal help if you suspect that your insurer is not settling your claim fairly.
The Law Offices of Stoltze & Updegraff PLC can help you. Our attorneys have the experience and knowledge to take on the insurance companies to get the benefits you are entitled to. Our attorneys have handled numerous insurance bad faith claims, and have recovered millions of dollars in damages for wronged policy holders. You deserve full payment for all losses and expenses covered by your insurance – call today!