When an insurer agrees to provide coverage to an individual, both parties take on certain responsibilities. According to insurance industry standards designed to help protect consumers, insurance companies must operate with the assumption of good faith when a person files a claim. This means that an insurer must provide the coverage and benefits it promised to offer when the policy contract was signed, and failure to do so may be cause for legal action.
For a free consultation to discuss your legal options in the event of an insurance company dispute, contact the Fort Lauderdale insurance claim attorneys of Salpeter Gitkin, LLP, today by calling 954-467-8622.
Reasons for a Bad Faith Lawsuit
There are several reasons an individual might take up a case against his or her insurer. These tend to be divided according to the insurer’s role in resolving liability issues as first-party or third-party cases. In first-party situations, an insurer fails to provide adequate coverage for an incident in terms of calculating damages. In third-party cases, an insurer fails their policy-holder in civil court.
Consider the following reasons for bad faith claims:
- Failure to provide settlement payments up to the coverage limit
- Failure to properly investigate damages
- Acting unnecessarily slow in responding to a claim
- Failure to provide legal defense against a tort
- Other contract violations
Generally speaking, these lawsuits can be taken up against an insurer whenever an obvious breach of contract has occurred, including an insurer’s attempt to re-interpret existing policy standards.
Contact Us
If an insurer has failed to adequately cover you in or out of court, legal recourse may be available to you. For more information regarding your rights as a policyholder, contact the Fort Lauderdale insurance claim lawyers of Salpeter Gitkin, LLP, at 954-467-8622 today.
