Sunrise Insurance Dispute Lawyer
Whether you have filed an auto insurance claim or a homeowner’s insurance claim, receiving a denial is an inconvenient, frustrating, and expensive experience. Insurance companies do not have a duty to just pay your claim in good faith, but they should also make the process as easy as possible for you. When your insurance company does not do this but instead, fights you on claims, it is a very difficult situation. Our Sunrise insurance disputes lawyer can help you obtain the compensation you need and protect you against the steps your insurer may take.
- Denied Hurricane Claims
- Denied Insurance Claims
- First-Party Coverage Disputes
- Hurricane Helene Insurance Claims
- Hurricane Milton Insurance Claims
- Insurance Appraisal Disputes
- Insurance Coverage Disputes
- Property Insurance Claims
- Third-Party Coverage Disputes
What is Bad Faith Insurance Tactics?
In some instances, an insurance company has legitimate reasons to deny a claim. For example, if a homeowner files a claim after an earthquake, the insurance company can rightfully deny the claim if the policy does not include earthquake coverage. Unfortunately, there are times when insurance companies do not have a legitimate reason to deny a claim but they still do not honor it.
Insurance companies are big businesses. The industry is also very competitive. Due to these factors, insurance companies sometimes deny claims in order to protect their own profits. Insurance companies often prioritize their own bottom line over the health, safety, and well-being of their customers. When insurance companies deny claims based on these reasons, it is known as bad faith.
How Do Insurance Companies Act in Bad Faith?
There are many examples of insurance companies acting in bad faith. The most common of these are as follows:
- Paying claims too slowly: Insurance companies have an obligation to pay out on claims in a timely manner. When the insurance company unnecessarily delays payouts, it is considered bad faith.
- Refusing to offer a settlement: One of the ways insurance companies unnecessarily delay claims is by extending negotiations unnecessarily. Your lawyer may make a fair settlement offer that is very close to the insurer’s last offer, but they still refuse it just to delay your claim.
- Issuing a denial based on a technicality: Insurance companies often use the smallest technicalities to deny claims. For example, they may claim that water damage in your home is due to flooding when it is not. Most homeowner’s insurance claims do not include coverage for flooding and so, the insurer may use this argument even though it is in bad faith.
- Offering a lowball settlement: Even when an insurance company does offer a settlement, it does not always mean it is fair. When an insurance company refuses to offer a settlement that will fully cover all of a policyholder’s losses, it could be a matter of bad faith.
Call Our Insurance Disputes Lawyer in Sunrise for a Consultation
If you believe that your insurer has acted in bad faith, you need legal advice. At Geyer Fuxa Tyler, our Sunrise insurance disputes lawyer can provide it and communicate with the insurer on your behalf so you obtain the fair compensation you are entitled to. Call us today at (954) 990-5251 or chat with us online to schedule a consultation with our experienced attorney and to learn more about how we can help.