Category: Bad Faith Insurance


Posted By:
Category: Bad Faith Insurance

Know the Elements of a Florida Bad Faith Insurance Claim

As an insurance policyholder, you pay your premium with the understanding that should disaster strike, your insurance company will cover the damages. That they will act in good faith.
 
However, it’s important to remember that it’s in your insurer’s best financial interest not to pay out your claim. Sometimes, insurance companies will push the envelope to see if it’s possible to get away with not investigating claims or not paying out money owed. This is known as acting in bad faith.
 
What can you do if your insurer abandons you in your time of need? It may be possible to file a bad faith insurance lawsuit against them. Below, we’re going to detail the elements of a bad faith insurance claim so you can understand what it takes to prove your case and get the compensation you deserve.…

Read more
Posted By:

Know These Ways That Florida Insurers Act in Bad Faith

 

If your insurance claim was denied for no apparent reason, bad faith insurance may have caught you in its trap.
Florida law offers some protection from bad faith insurance, so if you have fallen victim, speak with a qualified attorney to learn what options are available to you. Unfortunately, many people never even realize that their insurers are acting improperly and end up suffering at their hands.
 
Because of this, below we’re going to define bad faith insurance and detail several things insurers do that may constitute bad faith practices.
 
A Definition of Bad Faith Insurance
 
When an insurance company fails to provide benefits to an insured individual who holds a valid policy, they may be acting in bad faith.…

Read more
Posted By:

3 Worst Insurance Companies for Bad Faith

 
When you take out an insurance policy with a company, they have a duty to act in good faith and deal fairly with you. To act in good faith, your insurance company must handle your claim promptly, cooperating and communicating with you in a timely manner. Your insurance company should try to find a basis to pay your claim rather than reasons to avoid it, and inform you in writing of specific reasons if it denies your claim. In return you, as the insured party, have a responsibility to pay your premiums on time, submit your claim in a timely and proper manner, and provide all the truthful information that your insurer is entitled to.…

Read more