Lake County, IN Bad Faith Attorneys Protect Policyholders
Indiana Injury Law Firm Focuses on Holding Insurance Companies Responsible for Bad Faith
According to badfaithinsurance.org, insurance companies are required to willingly pay claims properly and promptly in "good faith,” and it is illegal to intentionally discount, lowball, delay, and deny payment of legitimate claims. Unscrupulous acts on the part of insurance companies may constitute what is known as bad faith.
Insurance bad faith occurs when an insurance company treats its policyholders in an unreasonable or inequitable way. Insurance companies have a responsibility to treat their policyholders fairly under the terms of their insurance policy, and when an insurer violates that responsibility by illegally delaying, diminishing, disapproving, or failing to pay lawful claims, it is operating in bad faith.
Components of an Insurance Bad Faith Claim
There are three key parts to a legitimate bad faith claim:
- Qualifying coverage – the policy must be in effect and has to offer coverage for the type of claim that is at issue.
- Validity of harm – the type of damage sustained must be covered under the insurance policy in question.
- Questionable actions –the insurance company engaged in bad faith after the filing of the claim for the damage that was sustained.
An insurance policy is a paid-for promise made by your insurance company to provide a customer with insurance protection, and the company has a duty to provide that protection as well as negotiate and settle all claims in good faith.
Contact a Lake County, IN Insurance Bad Faith Law Firm Today
Were you the victim of insurance bad faith in Lake County, IN? Contact the bad faith insurance attorneys at Kelly Law Offices, LLC online or call 1-800-859-8800 to set your free initial consultation to discuss your potential for recovery today. There is never a fee unless you collect!
