You purchase and pay good money for insurance to protect yourself and your loved ones. And then in your time of need, your insurance company does not live up to their promises. They delay or deny payment of valid claims for benefits under your insurance policy. They retroactively cancel your policy after you make a claim. Maybe they fail to resolve your claim amicably even when they could and should have done so. If any of these situations have happened to you, you may be a victim of insurance claim denial or “bad faith.”
When an insurance company issues a policy of insurance, that company promises that it will act in good faith and deal fairly with its insured. Insurance companies that fail to live up to the terms of their policies are acting in bad faith and may be liable for damages in excess of the policy’s limits. Insurance companies want to avoid paying claims as it saves them money. Insurance companies receive thousands of claims daily and wrongfully deny many of them. Very few people actually dispute their claim, which wrongfully keeps millions of dollars with the insurance company.
Fortunately, there is legal help for policyholders in insurance disputes. Our firm represents all types of policyholders in insurance denial claims. Our attorneys also help policyholders who have been damaged by “insurance bad faith.” We have decades of experience standing up for the rights of policyholders in insurance coverage disputes and bad faith claims.
If an insurance company refuses to pay your claim, denies payment or offers an insufficient amount, you need an experienced attorney to enforce the insurance company’s obligations. You should never have to represent yourself alone against an insurance company or accept an unfair settlement offer.
When you purchase an insurance policy, whether for life insurance, disability insurance, homeowners insurance, automobile insurance or any other type of policy, you are entitled to the full benefits of the policy if you have a covered claim. If the insurance company refuses to pay or if it unreasonably delays your payment, you may have a “bad faith” insurance claim.
Examples of Insurance Bad Faith include:
Insurance policies are very confusing and filled with many loopholes that can keep you from getting all the benefits you are due. If you are having a problem collecting benefits you feel you are entitled to, bring your policy and documentation to Coker Law for a free consultation. After a review of the policy, we will be able to determine whether coverage applies for your loss, and whether or not the Insurer has committed “bad faith.”