Many people know insurance companies don’t always have your best
interests at heart, but not all of these companies act in bad faith. Acting
in bad faith includes protecting their profits rather than protecting
their clients, which is illegal. Insurance companies are obligated to
act in good faith because people pay premiums every month in the expectation
the company will have their backs in the event of an accident. Some signs
your insurance company might be acting in bad faith include the following.
Sign 1: Denying Your Claim Without Cause
The most common way insurance companies avoid paying is by denying claims
out of hand. While the company does have a right to reject paying a claim,
they must have a reason to do so. It’s possible your request was
denied because of an improper investigation, meaning your provider was
unable to make a fair decision. However, they should be giving you a reason
for the denial.
Sign 2: Being Bad Communicators
Bad faith insurance companies will give you the runaround in order to get
you to drop the claim. All insurance companies should be following up
on your claim and trying to get in touch with you. Lack of communication
is a bad sign.
Sign 3: Delaying Payment on a Valid Claim
Delays are a prevalent tactic used by bad faith companies. There should
little to no reason for delaying a settlement; however, the company will
be hoping you either give up on the claim or accept a lowball offer. Bad
faith companies use this tactic on victims who might be in dire need of
money and who are willing to take anything.
If you think you’re dealing with a bad faith insurance company, let
Albuquerque personal injury attorney help. Speaking to an experienced lawyer is the best way to resolve the
situation with a bad faith insurance company.
Attorney Michael Doyle will be on your side every step of the way and will focus on the legal
battle while you recover.
Contact us at (505) 219-2176 or fill out our online form to schedule a free case