We pay our insurance bill month-after-month with the understanding that they’ll help us should something unexpected happen. However, insurance companies often fail to meet these expectations when the need arises.
This is where an insurance bad faith claim can help.
If you feel you’ve been wrongfully treated by your insurance company, you may have the right to file a bad faith insurance lawsuit.
What is Bad Faith?
Insurance companies are expected by law to act in “good faith,” which means treating each client fairly when examining claims and helping to settle claims made against customers.
An insurance company is acting in “bad faith” when the company is guilty of one of the following actions:
- Failing to pay or settle a claim without any reasonable basis for doing so
- Failing to promptly investigate an insurance claim
- Denying a claim without proper justification
- Intentionally misinterpreting a claim to avoid paying what is due
- Failing to give the entirety of the claim due to unreasonable cause
When to File an Insurance Bad Faith Claim
If you feel your insurance company isn’t doing its duty to pay properly, you may have grounds for an insurance bad faith claim in Florida.
Florida law makes bad faith claims possible in order to protect the insured from being wronged by insurance companies. Insurance companies have a duty to act in good faith, in conjunction with the terms agreed upon in your insurance policy and with the best interest of the insured at the core of all actions.
If you feel you’ve been wronged by your insurance company, it may be time to consider filing a personal claim.
Legal dealings with insurance companies, especially the negotiating process, can be difficult. The attorneys at Tampa’s Lorenzo & Lorenzo are well versed in handling personal injury cases, including negotiating with insurance companies. We’re prepared to help you receive the compensation and attention you deserve. Contact us today for a free consultation and see how we can help.