Insurance bad faith occurs when an insurance company does not abide by the terms and conditions of the policy holder's policy and willfully refuses to pay a legitimate claim. For example: suppose someone is seriously injured in a catastrophic auto accident and the insurance company of the at-fault driver has a $50,000 policy limit for liability coverage. The at-fault driver's insurance company refuses to make a good faith settlement offer. As a result, the attorney of the injured person sues the at-fault driver and obtains a $300,000 jury verdict. The at-fault driver is now responsible for $250,000 in damages above the $50,000 insurance policy limit. In a case like this, our attorneys will pursue the insurance company for the amount in excess of the policy limit - $250,000 in this example - for refusing to make a good faith settlement offer before the trial.
Other examples of insurance bad faith include:
* Failing to promptly investigate or perform due diligence
* Delaying or denying crucial medical care
* Delaying or denying payment
* Giving an unreasonably low offer to compensate justified damages
* Using unreasonable interpretations in translating policy language
* Refusing to settle the case or reimburse you for the entirety of your loss, etc.
We have the experience and the financial ability to take on the largest insurance companies. Our attorneys are known among defense lawyers and insurance companies as being formidable opponents.
Contact us to arrange a free initial consultation with an insurance bad faith attorney.
