Insurance providers are supposed to be there for us in our most difficult times. We rely on car insurance to fix or repair our vehicles after an accident, and we rely on our medical coverage to handle expenses for unexpected injuries and illnesses. We trust our insurance companies to have our best interests in mind and to act in good faith when investigating, valuing, and paying insurance claims.
The reality is that insurance carriers sometimes act in bad faith. If you feel like your provider is belittling or ignoring your claim, there are steps you can take to hold them accountable. But standing up to a large corporation is a daunting task. That’s why our team is dedicated to representing individuals who have been wronged by insurance providers. If you’re considering opening a case against your provider, there are some things you need to know first.
Reasons for Bad Faith Claims
Most often, customers open bad faith insurance cases when an insurance company fails to pay a legitimate claim. They are like any other company that needs to turn a profit. Part of doing that is paying the lowest amount possible on claims. In some instances, their actions are grounds for legal action. Other situations where bad faith claims can be made include:
- Failing to settle a claim within the policy limits when given the opportunity
- Denying a legitimate claim
- Failing to pay the full value of a claim
- Denying facts when evidence supports them
- Causing unreasonable delays in the case
- Being overly rude or threatening in a way that’s meant to avoid paying a claim
- Misrepresenting what the policy says and what it means
How Do You Sue an Insurance Company for Bad Faith?
First, you need to review your insurance policy. You need to obtain a full version of your contract and review every document. Based on the contents of your policy, you should be able to tell if a violation occurred. Then, with the assistance of an attorney, you’ll file a lawsuit that states what the insurance company did that amounts to bad faith or, conversely, what they should have done that would have amounted to acting in good faith.
The best way to prove your case is to take notes and keep documentation related to every conversation and correspondence with your provider. Write down the details of your phone calls with them, and save every email they send you, because all of it is evidence. Don’t be afraid to ask for clarification if you’re having trouble understanding something. The more detail your insurance company provides, the better. You should work only with an attorney who is deeply experienced in bad faith claims. When the compensation you deserve is on the line, you shouldn’t settle for anything less than the dedicated team at The King Firm.
Bad Faith Settlements
The courts take different factors into account when determining settlements for bad faith cases. The facts around your case, the insurance company’s reputation, and any bad faith lawsuits they’ve had in the past are viewed together. Payouts for bad faith claims are generally much higher than the amount the provider would have paid on the original claim. High penalties are there to deter insurance companies from repeatedly shortchanging their customers, especially when those companies are worth billions of dollars.
Contact The King Firm
Being the victim of insurance bad faith can make you feel helpless. The King Firm is here to give you the confidence and power you need to stand up to your insurance provider and get the compensation you deserve. Call us at (229) 515-8585 or contact us here to set up a free case evaluation today.