FAQ: Insurance Bad Faith
Florida Insurance Bad Faith Lawyers
- What does the term insurance "bad faith" mean?
- What Are Some Examples of Bad Faith Conduct?
- How Do I Know I have A Bad Faith Insurance Claim?
- What Are My Rights Under My Insurance Policy?
- What Should I Do if My Insurance Company Is Denying Coverage or Delaying Payment?
What does the term insurance "bad faith" mean?
In Florida, "bad faith" refers to an unreasonable or unfair conduct by an insurance company.
What Are Some Examples of Bad Faith Conduct?
- Unreasonable denial or termination of an insurance claim that should have been paid
- Unreasonable delay in making payments to the policyholder
- Unreasonable failure to defend a policyholder who has been sued under a policy containing a liability provision
- Unreasonably attempting to under-settle or lowball the payment of a claim.
How Do I Know I have A Bad Faith Insurance Claim?
When you purchase an insurance policy, whether for life insurance, disability insurance, homeowners insurance, or any other type of policy, you are entitled to the full benefits of the policy if you have a covered claim.
If the insurance company refuses to pay or if it delays your payment, you may have a bad faith insurance claim.
What Are My Rights Under My Insurance Policy?
An insurance policy is a contract. In simple terms, you pay the premium and the insurance company must pay the benefits if the conditions specified in the policy occur. Every insurance policyholder has the legal right to make sure that his / her policy and its contractual agreements are upheld in full.
What Should I Do if My Insurance Company Is Denying Coverage or Delaying Payment?
You should seek legal advice immediately. Some cases are easy and quick to handle while others may require aggressive legal actions against the insurance company.
If you or someone you love has a bad faith insurance claim in Florida, you need our experienced bad faith insurance attorneys on your side to help you get the compensation you deserve.