Insurance is meant to be your saving grace in the case of a disaster, and most of us would never expect to be on the end of a bad faith claim. This could be an event that is damaging or even catastrophic to your health, your home, your car, your business, or your professional reputation. Protection against such risk is supposed to offer you peace of mind, but there are often numerous complexities behind the purchasing of insurance to include choosing the best agent or agency to deal with, understanding what your needs are, and finding a policy that suits your budget. Afterward, you are ‘protected,’ but still may be struggling to pay exorbitant premiums. This is a problem for many citizens in the US today, and while there is a lot of attention paid to the high sums charged for health care insurance premiums, many other types of policies are difficult for policyholders to afford too, whether you are trying to insurance your residence or a commercial building or a vehicle for yourself or one of your children.
Considering the amount of time and effort you put in to finding the best insurance—and then paying for it—finding out that the insurance company is not holding up their end of the bargain can be extremely disappointing. Along with that, you may be under incredible stress if your home or business has been damaged and you are unable to move forward with daily life as you know it until the claim has been paid. It is important to understand the difference between valid claims issues, however, and those that are caused by bad faith on the part of the insurer. There are many different types of claims denials that are valid, such as lack of payment of premium, a breach of the policy, or lack of coverage.
There are numerous red flags to look for if your insurer is acting in bad faith, to include:
- Delays that may be ongoing with little or no explanation
- Outright denial of the claim
- Requests for enormous amount of information/documentation that may be hard to get
- Changes to your policy you were unaware of
- Lack of investigation/lack of communication
If you suspect your insurance company may be denying your claim in bad faith, contact the attorneys at the Bolender Law Firm. If a dispute over a claim cannot be easily resolved through a call or written communication, our attorneys will advocate on behalf of policyholders through litigation, arbitration, or non-binding mediation. Our attorneys are experienced in representing clients in state and federal courts, at both the trial and appellate level. Call us at 310-320-0725 now or submit an easy consultation request online. We are here to help!