You’ve paid your premiums on time, and now it is time to make a claim under the terms of your insurance policy. The insurance company agrees to pay your claim, but the amount they are offering appears to be too low. So, how are you supposed to know if the offer is for the right amount or not enough? And what are some tactics used by insurance companies to underpay insurance claims? One of our […]
Insurance policies exist to provide policyholders protection should they suffer some sort of loss. They serve to bring peace of mind and security to those that purchase them and are typically a worthy investment. However, situations sometimes occur wherein the insurance company fails to settle a valid claim, denies coverage altogether, or fails to timely investigate a claim. When this occurs, the policyholder is left with a bad faith insurance claim which may cause them […]
Speak With a Miami Insurance Claim Lawyer Today We understand that it can be endlessly frustrating to find yourself in a situation where you have a legitimate insurance claim, but cannot get paid out for the damages. When insurers act in bad faith, they are exposing you to financial vulnerability in the hopes that they can simply improve their “bottom line.” It’s your right to challenge the insurer and get the damages payout that you […]
Hire an Experienced Miami Bad Faith Insurance Attorney If you’ve submitted a claim for insurance benefits and have had those benefits denied, undervalued, or delayed (or have perhaps had the insurer refuse to step in and defend you against third-party litigation), then you may be entitled to challenge the insurer’s decision under Florida law. In some cases, the insurer has violated its obligations to you — the policyholder — to such an extent that […]
Let Our Miami Insurance Law Firm Work For You Insurers are fundamentally profit-motivated. Though this is a truism that most policyholders accept and understand, it’s often forgotten when it comes time for the policyholder to make an insurance claim — after all, one would assume that the insurance provider would act with some semblance of “honor” and live up to their promises. The grim reality is that many insurers will do anything and everything — […]
If your insurance company has denied your claim or resolved it unsatisfactorily, you may be able to bring a bad faith claim against them in court. Of course, not every denial constitutes bad faith. As Miami insurance claim lawyers, we are experienced in determining whether an insurer has handled a claim appropriately and in recognizing bad faith insurance practices. For a policyholder, the first step is to educate yourself as to what your insurance company […]
In Florida, insurance litigation disputes — often involving over-broad and unexpected policy exclusions — may lead one to question the liability of their insurance agent. After all, if the insurance agent obtained the policy on your behalf, it’s possible that they have not satisfied their obligations and have somehow misled you into entering into an insurance agreement that did not adequately meet your needs. In the event that your insurance agent failed to adhere to […]
In Florida, insurers have a duty of good faith that they must adhere to. Simply put, insurers must act fairly, honestly, and with due regard towards the interests of their policyholders. If they fail to do so — for example, by wrongfully denying a claim, unreasonably delaying the handling of a claim, or otherwise interfering with the policyholder’s ability to recover the damages to which they are entitled — then they may be held liable […]
As a general rule, insurers will act to avoid or otherwise minimize their liabilities under their insurance contract with a policyholder. Sometimes, however, the actions taken by an insurer clearly violate their duty of good faith, and thus give the policyholder an opportunity to sue and recover damages pursuant to a bad faith claim. Actions giving rise to bad faith claims include those that involve unreasonable delays in handling, resolving, and processing an insurance claim […]
As a business owner, CGL insurance coverage is fundamental to effectively running your business in a highly-litigious society. When a improperly mopped floor can result in hundreds of thousands of dollars, or even millions, in potential liability to injured third-parties, the value of CGL insurance skyrockets — CGL insurance provides the “peace of mind” necessary for a business to successfully operate. This reliance on CGL insurance can lead to challenging situations when the insurer wrongfully […]
