All insurance companies are obligated and legally bound to act in good faith, meaning that they will treat you, the policyholder, with honesty, fairness, and good intention. This also means that the company will not intentionally prevent you from receiving your rightful contractual benefits.
Not to be confused with breach-of-contract cases, if an insurance company intentionally does not follow these guidelines, you have the right to bring legal action against your insurer.
The following are some common examples of bad faith tactics:
- Denial of a claim for an invalid or nonexistent reason.
- Unreasonable delay in investigating a claim and delivering payment.
- Inadequate investigation of a claim.
- Threatening or blackmail-like language.
- Intentional misrepresentation of the policy.
- Deliberately deceitful language.
This list is far from exhaustive. If you believe your insurance company acted in bad faith, contact a Morgan & Morgan attorney today to get the representation that you deserve.