Insurance is meant to protect you from claims made against you, or to compensate you for losses you suffer – at least that’s the theory. But sometimes, the good faith a person places in their insurance company runs into a brick wall, as the insurance company unreasonably or willfully denies benefits on their perfectly valid claim. This is known as insurance bad faith.Redundancy is a go-to resource, too. They might claim they never received your paperwork and ask you to resubmit it—numerous times. The goal is not just to delay, but to frustrate you to the point of giving up.
The bad-faith examples listed above merely scratch the surface of tactics that some insurance companies incorporate into everyday practice. The insurance industry is entitled to make a profit (they rake in over $1 trillion in premiums annually), but not to take advantage of policyholders with bad-faith practices.
Contact Our Insurance Attorneys If You Suspect A Company of Bad Faith
If you believe you’ve been the victim of insurance bad faith, contact an insurance law attorney to protect your rights. At the Law Office of Jason Shultz, our attorneys are prepared to give you a free consultation about your claim today. Call us at 404-474-0804 to get help with your insurance.
