Being involved in an accident can trigger lots of uncertainty. If you are an accident victim, you may be entitled to compensation for the resulting damages. And this is where the insurance company comes in. But it’s not uncommon for the insurance company to act in...
Bad Faith Insurance
2 reasons insurance companies decline claims unfairly
The insurance sector can be complicated. Businesses in the industry pride themselves, in theory, on protecting policyholders against certain risks, but this is not always the case in practice. Your insurance company may fail to act as promised by denying your claim...
Has an insurance company refused to honor its policy?
Individuals and businesses invest in insurance policies to protect against both liability and risk. There is insurance to reduce liability while driving, for example, and also insurance to help business owners cover operating expenses if they have to suddenly close...
3 ways that your insurer may try to cheat you
You probably think that buying insurance buys you peace of mind – mostly because that’s the story that insurance companies are selling. It’s incredibly frustrating, then, to discover just how far some insurance companies will go to avoid paying up when there’s a...
Is it time to file a bad faith insurance claim?
You’re a reliable person who pays your bills and lives up to your obligations. Likewise, you expect others to do the same and honor the commitments they made when you contracted with their company. One industry that routinely fails to live up to its contractual...
Can you ask for punitive damages from the insurance company?
When you invest in insurance coverage, you expect the company to make good on its promises to you. You could go years without ever needing to make a claim, only to encounter major backlash from your insurance provider when you finally need support. You may eventually...
Did your insurance agent lie to you?
Trying to figure out the kind of insurance you need for your home or business isn’t exactly an easy job – and the average layperson has to rely a lot on the guidance of their insurance agent. This can be a serious issue if the agent is more concerned about closing the...
Is your insurer acting in bad faith or merely negligent?
People often assume that an insurance company will pay them as little as possible when they make a claim. To some extent, that’s true. Insurance companies don’t make money by paying out more than they have to. However, they do have an obligation to settle claims based...
How long is too long to pay your insurance settlement?
Every driver in Pennsylvania must carry liability insurance, and you may take for granted that you will have coverage when you need to make a claim. The biggest companies that insure drivers spend millions of dollars on advertising campaigns bragging about how quickly...
Can a low settlement be bad faith insurance?
You count on the insurance company to help you pay your bills after a car crash. The other driver's policy can help cover your hospital bills and weeks of income because you can't work. They can also help you repair your vehicle or replace it if the insurance company...