Bad Faith Insurance Claims
What is Bad Faith?
After an accident, an insurance company may deny a claim without a reasonable basis. This is considered bad faith. When your insurance company breaches its duty to you by failing to pay you for a legitimate claim, then you may have a case.Whether the damage you sustained was in a car accident, flood, fire or another type of accident that would result in an insurance claim, your insurance carrier must act in good faith to pay out for claims covered by your policy.
Insurance companies may act in bad faith by:
- Failing to settle a claim in a reasonable amount of time
- Failing to thoroughly investigate a claim
- Failing to offer the full value of a claim
- Failing to provide reasoning for denying a claim
- Recovering Damages
After a successful bad faith lawsuit a victim may be able to recover the following:
- The amount the insurance company should have paid for the initial claim
- Consequential damages ex. attorney fees
- Emotional distress
- Punitive damages
- Get Help
Each bad faith case is different, so it is vital that you get help from an experienced bad faith attorney. Insurance companies are acting in their own best interests when they do not provide compensation to an insured consumer for their losses, which leaves the consumer to cover the costs incurred at their own expense.
If you or a loved one reside in the state of Louisiana and want to pursue a bad faith claim, call The Brandner Law Firm. Michael Brandner also known as The Big Gun is dedicated to helping victims get the justice that they deserve. Pick up the phone today for a free consultation!