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26 Mar By Admin (0) Comment

What is Insurance Bad Faith?

This is a type of lawsuit where an insurance company doesn’t act in a fair manner. Consumers file a claim with their company expecting them to pay. Sometimes, insurance companies will avoid, or delay paying, a claim. This is a frustrating experience and can leave a consumer with nowhere to turn. With the help of an attorney, a consumer can file a lawsuit against the insurance company for bad faith.

In successful bad faith lawsuits, a consumer can recover damages in excess of the policy limits. Consumers can get compensation for things like emotional distress, punitive damages, and even attorney fees.

Below are examples of bad faith:
-Insurance company fails to pay, or deny a claim
-Insurance company fails to notify in writing why a claim is being denied
-Insurance company tries to find reasons to deny a claim instead of looking for a basis to pay it
-Insurance company fails to play fair

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