People purchase insurance so that their assets are protected when unforeseen losses occur. Your home, your car, your business, and everything else that you insure should be covered by an insurance company when a legitimate claim arises. Insurers, in fact, are legally obligated to act in “good faith” by reasonably paying benefits. This typically means paying claims promptly and in accordance with policy terms.
Instances of insurance “bad faith” occur when insurance companies unreasonably delay, deny, or underpay a valid claim. In addition to being illegal, denial of a legitimate insurance claim places financial burdens on the insured. The victims of bad faith insurance usually have no recourse other than to take legal action against the insurance company.
The insurance dispute attorneys of Morris, King & Hodge have successfully represented many clients against unfair insurers. We understand the tactics insurance companies use to increase their profits at the expense of policy holders and will work hard to get you the justice and coverage you deserve.
If you feel that your insurance claim was delayed or wrongfully denied, contact our Huntsville, Alabama law office for a free evaluation.
Insurance bad faith can occur under any type of policy. Although the terms of individual policies vary widely, insurers are obligated to fulfill them. When they intentionally do not fulfill policy terms without a legitimate reason, there are grounds for a bad faith claim.
Some claim denials are legitimate. Mistakes, moreover, do occur. Your claim could simply be mishandled—for example, paperwork is misplaced and the claim is overlooked. The key terms when it comes to bad faith insurance are “unreasonable” and “intentional”. When the insurers handling of the insured’s claim is done without good reason and on purpose, insurance bad faith can be said to occur.
Because bad faith law is complex, potential clients are encouraged to contact Morris, King & Hodge with any specific questions. Through your free case review, it will be possible to judge the strength of your case. In the meantime, the following examples should help to explain what constitutes bad faith.
Victims of insurance bad faith may be eligible to recover money for damages that include: withheld policy benefits; damages caused by the insurer’s bad faith (including economic loss and emotional distress damages); and punitive damages for especially egregious conduct.
An insurer that acts in bad faith to the insured, whether by denying their claim outright, delaying payment, failing to properly investigate a claim, or any other reason, warrants legal action. You were promised benefits that did not materialize. You would probably rather avoid a lawsuit, but your hand has been forced.
Morris, King & Hodge understands that insurance bad faith makes a bad situation even worse. We will help you recover the benefits you are owed and put the incident behind you once and for all. Our experienced lawyers, however, provide a counterweight to corporate misconduct. If a fair settlement cannot be reached, we will not hesitate to go to court. To schedule a free case review, call us at (256) 536-0588 or (888) 321-8353. You can also contact us online.
Morris, King & Hodge serves clients in North Alabama and throughout Alabama, including Madison County, Morgan County, Limestone County, Marshall County, Coleman and Florence.