For those who make monthly insurance premium payments or have insurance through their employer, it is assumed that insurance companies will act in good faith when we need it. However, all too often bad faith insurance occurs, and the insurance company fails to provide coverage for a legitimate claim.
By law, insurance companies must conduct good faith with those they insure. Yet when your insurance company attempts skirting you on rightfully made claims, you need the assistance of a bad faith insurance attorney who will fight diligently against the corporate interests of insurance companies to ensure that you receive the compensation you are entitled to.
Examples of Bad Faith Insurance
Bad faith insurance can occur during any stage of claim filing, review and payment, including:
- Failure to investigate a claim
- Denying coverage of a legitimate claim
- Refusal to pay legitimate claims
- Settling claims with a forged application
- Failure to act in a timely manner when liability has been established
- Blatant misrepresentation of policy coverage facts
- Failure to offer appropriate settlements to the insured
Denial of Claims
Not every claim denial can be considered bad faith insurance. Absent a reasonable basis, such as a fraudulent claim or a claim for something not covered under the agreed-upon policy, insurance companies are required to fully honor their policies.
Why You Need a Bad Faith Insurance Attorney
Insurance companies are massive corporations with nearly unlimited resources at their disposal. Insureds can be greeted by massive capital and time, which inevitably wears down their will. When an insurance company operates in bad faith, it assumes you will simply bow down and accept their treatment.
However, at The Mayro Law Firm, bad faith insurance attorney, Jerrold A. Mayro, has more than 30 years of litigation experience. He understands the tactics employed and will fight diligently against the insurance companies attempting to scam you out of rightfully made claims for your property damage or personal injuries.
If you live in the Phoenix, Mesa, or Tucson, Arizona area and believe an insurance company is acting in bad faith, please contact our Phoenix, Arizona bad faith insurance office today or call (602) 604-8400 to schedule your confidential consultation with Jerrold A. Mayro.