Miami Insurance Dispute Attorneys
Baron & Herskowitz represents individuals and businesses whose insurance claims have been wrongfully delayed or denied by their carriers, in cases such as:
- Long-term disability (LTD) claims
- Life insurance claims
- Business losses
- Homeowner claims
- Property claims
- Losses resulting when an insurance company refuses to settle an accident or other personal injury claims
When an insurance company wrongfully denies payment of a valid claim, unreasonably delays payment of a claim or fails to pay the full amount owed, the company may be found guilty of acting in bad faith. Every contract contains an “implied covenant of good faith and fair dealing,” which means neither party will do anything to obstruct the right of the other to receive the benefits outlined in the agreement.
Essentially, this means that insurance companies must act in good faith towards its policyholders and must consider the policyholder’s interests equal to its own. If the insurance company breaks this law by acting in bad faith, the policyholder may be entitled to more financial compensation than what is owed in the policy.
Insurance Bad Faith Practices
There are several ways in which an insurance company can act in bad faith, including (but not limited to):
- Wrongfully denying a legitimate claim
- Denying a claim without conducting a proper investigation
- Wrongfully delaying payment of a claim
- Failure to acknowledge or reply promptly after receiving notification of a covered claim
- Failure to provide a reasonable explanation and basis for denying a claim
- Making changes to policy coverage without obtaining consent from the insured
- Cancellation of a policy as a result of making a claim
What to Do If You Feel Your Insurance Company Acted in Bad Faith
In any insurance coverage dispute case, the most important thing you can do is contact a lawyer immediately because time deadlines may be running out. Whenever an insurance company improperly delays, denies or ignores a valid insurance claim, that company may be sued for acting in bad faith.
There are several ways an insurance company can exercise bad faith in refusing to pay a claim. If your insurance disputes a claim and an attorney is able to prove that the insurance company acted in bad faith, you may be eligible to receive additional damages beyond the amount of the denied claim.
If you believe that you’ve been mistreated by your insurance company, contact the insurance bad faith lawyers of Baron & Herskowitz. We represent individuals in insurance claims in Miami and across the state of Florida.