Advantages of Hiring Bad Faith Insurance Lawyer
Bad faith is when an insurer treats you unfairly in handling an insurance claim. If you purchased an insurance policy and have paid premiums on time, it’s reasonable to expect the insurer to act fairly. After all, that’s why you obtained coverage in the first place. · What is bad faith claim? To know whether you need a bad faith insurance lawyer, you first need to understand what bad faith means in the insurance context. Every insurance company has a duty to act in good faith and treat clients fairly. This doesn’t mean that they have to pay every claim they receive. However, the insurer can’t simply look out for its own interests, searching for ways to deny claims in order to boost its own profits. Even though each state regulates the insurance industry differently, these general obligations exist no matter where you live, and failing in these duties may constitute bad faith. Additionally, bad faith on the part of your insurer can occur no matter what type of insurance