Bad Faith Insurance Claim: A Comprehensive Guide

Insurance companies are best known for doing business the way they want. On several occasions, they will make your life difficult. Although you have legal rights, they will use a world of tricks to deny your claim.

You should hire a bad faith insurance lawyer when an insurance company attempts to violate its obligations to its client. It involves a refusal to pay a policyholder's legitimate claim. Since there are many ways an insurance company acts in bad faith, you must consult an attorney immediately.

How Do Insurance Companies Operate?

An insurance company doesn’t simply want to pay your claim. If they pay you the money, it means it’s coming out of their account. Therefore, they can follow certain tactics to deny your claims such as:

●        Delaying the approval of a claim.

●        Denying claim of a policyholder who has injured and having either a clear or lack of reasonable basis.

●        Forcing the policyholder to adjust more paperwork beyond requirements.

What’s an Insurance Company’s Duty?

An insurance company has no right to do whatever it wants. They are liable to have a duty of good faith and fair dealing. This is the most common law. If it violates this duty, it’s subject to a bad faith lawsuit.

How Do Claims Under an Insurance Company Work?

As soon as you file a claim under your policy, an adjuster will likely be appointed to look after your case. His job is to review the matter.

After their claim is filed, they will try to speak with you and review the accidental facts. After the inspection is over, the insurance company will issue a notice which will decide whether or not they want to make a monetary offer.

What to Do When a Claim Is Denied?

An insured individual must not accept an insurance company’s decision. You have your legal rights to challenge them for what they have done. If they deny you, try to find out what are the actual causes. Don’t forget to call in a bad faith insurance lawyer in this regard. He is the person who can understand your rights under the insurance contract and thereby helping you make the best decision.

Find the Right Attorney

If you’re looking to find legal support for bad faith insurance, you should prefer The West Law Firm in OKC. Our lawyers are skillful and experienced. We have been helping our clients for a longer period of time. Contact us today or schedule a consultation.

** Disclaimer: The above article does not imply a relationship between attorney and client, nor is it legal advice.