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...
Bad Faith Insurance
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...
Why might an insurer seek to lower rather than deny your claim?
Imagine if when you ring up to claim, the insurer shouts, “No, I’m not paying,” down the phone and hangs up. You would be upset and want to do something about it. If instead, they said, “Yes, but I can only give you so much,” you are more likely to accept. Insurance...