Contact Held & Hines for Help with Insurance Company Bad Faith Claims
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If you have been injured in a motor vehicle accident and have reason to believe that a third party insurer is acting in bad faith, which could mean you think the company has withheld evidence or is interfering with a witness, then contact the experienced insurance company bad faith claim attorneys at Held & Hines, LLP. Our firm helps injured motorists and passengers throughout New York City, Long Island, and New York seek legal justice for their pain and suffering.
What is Bad Faith Insurance
The term “insurance bad faith” identifies an insurance company’s unwillingness to meet the expectations outlined in the contractual agreement with the policy holder. This may come in the form of an extended delay in providing the policyholder with the payments they are entitled to, unrightfully denying a policyholder’s claim, underpaying a claim, or allowing excessive judgments to reach the policyholder. In other words, insurance can be in “bad faith” if the insurance company is trying to avoid giving you the coverage, protection, and assistance you are paying for each month in order to save the company money or increase their profit.
If you feel that your insurance company is not holding up their end of the contract, you do have the right to argue over the denial or lowballing of a claim. Bad faith does not encompass differences of opinion between the plaintiff and their own insurance company or the plaintiff and a third party insurer; a claim based on bad faith is only be filed if there is concern over fraud or deceit.
When an insurance company acts in bad faith, or purposefully tries to short the coverage they are providing you, suing your insurer could help you to recover the losses or even award you with punitive damages. In order to sue your insurance company for bad faith, it is not important that you prove they acted intentionally harmful. Instead, you only need to show that they had no reason to deny your claim or that you rightfully deserved more compensation for the claim you submitted.
Have reason to believe that an insurance company is refusing to negotiate in good faith following an accident that left you injured, with mounting medical expenses? Contact Held & Hines today.