Each year, thousands of insurance claimants and policyholders experience some degree of bad faith representation by their insurance company. Any of the following issues may constitute bad faith on your insurance company’s part:
- unreasonable delay or denial of claim
- failure to immediately conduct an adequate investigation
- failure to act reasonably in evaluating your claim
- failure to promptly pay your legitimate claim
Previously, a long and difficult arbitration was required to fight a bad faith claim but today a lawyer can help you evaluate the claims that have been denied or delayed. From healthcare to automobile insurance and disability claims, consumers should be fairly represented by the insurance company to whom they pay a premium, and often, a deductible.
It is important for a bad faith claimant to recognize, however, the economic and time costs associated with proceeding with a bad faith claim can be large. As such, bad faith lawyers often require a case show reasonably large damage amounts in order to pursue a bad faith claim.
If you have experienced one of the above issues with your insurance company it may constitute bad faith on your insurance company’s part and may entitle you to substantial compensation and punitive damages, amounts of money intended to punish the insurance company when the firm has acted in an overtly unfair way. If you or a loved one have experienced insurance bad faith, contact Brent M. Cordell for a free consultation at www.cordell-law.com or 1-844-8LEGAL8 (1-844-853-4258). We will use our experience, knowledge and resources to achieve the best possible results for you and your family.