What to Do if the Insurance Company Acted in Bad Faith
It is not always obvious that an insurance company is acting in bad faith. However, if you believe your insurance company is not acting fairly, there are some signs you can look for. These include:
- Denying a claim without a valid reason
- Failing to conduct a thorough investigation of the claim
- Delaying an investigation into the claim without a valid reason
- Failing to issue payments within a reasonable time
- Refusing to negotiate after making a low settlement offer
- Threatening or intimidating behavior
- Refusing to provide documents or information concerning the claim
- Intentionally misquoting the law or the terms of your policy
What to Do if Your Insurance Company is Acting in Bad Faith
Sometimes policyholders think that delays or miscommunication are honest mistakes. But if you begin to suspect that your insurer is acting in bad faith, there are certain steps you can take to protect yourself.
- Read your insurance policy: Make sure that you have complied with the terms of the contract and that the insurance company has, too.
- Keep organized records: Get copies of any letters, forms, or other documents you send to the insurance company. Also retain all documents that the insurance company sends to you.
- Document phone calls: Write down the date, time, and subject matter of any phone calls that you have with the insurance company. If possible, ask for the name of the representative that you speak to for each call.
- Contact a Nashville bad faith insurance lawyer: At the Employment and Consumer Law Group, we can review your case and determine if your insurance company is acting in bad faith during a free consultation.
What you do now can dramatically impact the outcome of your case. Contact a bad faith insurance lawyer today to protect your claim.
What a Nashville Bad Faith Lawyer Can Do for You
Insurance carriers are represented by their own lawyers. You should be, too. Bringing a bad faith insurance claim requires an understanding of Tennessee’s complex insurance laws and the remedies that are available to you.
At the Employment and Consumer Law Group, our Nashville bad faith attorneys will pursue compensation to recover what you are rightfully owed. When a payment has been delayed, we can also ask for interest to be paid on that claim.
In addition, Tennessee law allows for a maximum 25 percent bad-faith penalty on insurance companies. That means that you could potentially recoup your original loss plus an additional 25 percent of that lost amount in a successful bad faith lawsuit.
Punitive damages may also be available as well if an insurance company has acted particularly maliciously.
After reviewing your case, a bad faith insurance lawyer can outline what remedies are available and explain what will give you the best chance of a successful outcome.
How Can the Employment and Consumer Law Group Help Me?
At the Employment and Consumer Law Group, we are committed to defending the rights of policyholders throughout Nashville and the rest of Tennessee. If an insurance company has acted in bad faith against you, we will guide you through the complex process of filing a lawsuit.
Insurance companies are much more likely to settle a claim when they know that the policyholder has retained legal counsel. We’re prepared to fight for you so that you aren’t cheated out of money that you rightfully deserve.
Call or contact us now to schedule your free case evaluation.