If you feel like paying your insurance premiums is throwing money away to meet legal or other requirements, you are not alone. Insurance companies are notorious for denying, delaying and underpaying legitimate claims. Honest, paying customers like you are out the money you’ve paid in premiums, plus the money you are now owed and badly need. Too many give up, feeling like there is no way to make the insurance company live up to its end of the deal. In many cases you can hold the insurance company to its promises, through a bad faith insurance lawsuit, and you may even recover more than value of your original claim.
Insurance Companies Are Not Above the Law
Insurance companies have a legal duty to act in “good faith”. That includes performing a timely and fair investigation of your claim and making a reasonable effort to settle your claim and abiding by the promises made in your insurance policy.
But insurance policies are often written in ways that make them very difficult to understand. What an insurance company representative tells you it means and what it really means may be two very different things. An experienced bad faith insurance attorney can determine if you have been a victim of insurance bad faith and stand up to the insurance company for you. If your feel like you are being cheated by your insurance company, it’s well worth taking advantage of your free consultation to find out if you have a case.
If you have been cheated, you may be able to collect the amount that you would have received if the insurance company had paid up in the first place, plus other damages such as:
- Damages above and beyond the policy limits that would have protected the insurance company if it had acted in good faith
- Enhanced compensation the court feels you should receive beyond the amount of your damages, because the insurance company acted in bad faith
- Penalties against the insurance company and other damages the court finds appropriate
To learn more about insurance bad faith and the compensation you may be able to recover, call the law offices of J. Ransdell Keene at 800-597-9247 or email us today and schedule your free consultation.