Insurance is, by name, insuring the interest and safety of your assets. Whether it may be your home, your car, your business, and the like, customers often pay these insurance companies exorbitant premiums just in order to have an umbrella protecting their asset, should an unexpected event strike. However, when a valid event does occur, insurance companies often delay, undervalue, or outright deny the claim you rightfully deserve just because of their business model and practices. This is an insurance company acting in “bad faith”.
When your insurance company acts in “bad faith,” you have the legal right to take action against the company. Under California law, insurance companies have a legal duty to act fairly and in good faith toward their policyholders and they cannot unreasonably delay, deny, or undervalue a claim. When an insurance company acts in bad faith, you may be able to retrieve the insurance benefits you are entitled to in addition to other damages, such as economic losses, emotional distress, and attorney’s fees. Since these insurance companies acted in “bad faith”, they caused a breach in the contract that you and the company have signed. Additionally, if the facts suggest that the insurance company acted with malice, fraud or oppression, you can additionally seek punitive damages from the company.
CONTACT BARM LAW FOR INSURANCE BAD FAITH NOW
If you or someone you know were involved in an insurance bad faith, you need to contact BARM LAW offices in Los Angeles for your free case evaluation. Our lawyers will advise you for the best compensation for your injuries. We will investigate your case thoroughly and negotiate with the insurance companies aggressively, we are not afraid of going to trials with the insurance companies.
Call us now at 1 (833) BARM-LAW or 1 (833) 227-6529 or email us by filling the contact form.