Insurance bad faith claims arise from insurance companies failing to uphold their own policies to the detriment of the insured. A variety of scenarios can result in insurance bad faith claims such as the insurance company failing to accept an agreeable settlement, failing to investigate claims in a timely manner, or simply failing to pay.
Our attorneys have significant experience in investigating and prosecuting insurance bad faith claims. In most cases insurance companies will fight bad faith claims all the way to trial, this is not always the case. We will attempt to reach a settlement for you, and if needed, take your case all the way to trial.
Insurance companies are required by law to operate under so-called “good faith” practices which are meant to protect policyholders. One such law is Pennsylvania’s insurance bad faith statute which lays out the terms of compensation, including an interest rate and punitive damage allowances.
However, insurance companies make money by not paying out, and they’ve learned that most people will stop trying after their claims are denied one or two times. This is why it’s important to hire an attorney experienced in insurance bad faith claims. Do not let the insurance company get away with denying your claim in an unreasonable manner.
If you or a loved one has been the victim of insurance bad faith, please contact us today to schedule a consultation. Click here for examples of our success in this area.