Insurance and Bad Faith Claims
Insurance to pay for certain kinds of losses or expenses in case certain events happen is common. For example:
- Property insurance pays to repair or replace items that are damaged due to fire or theft
- Automobile insurance pays to defend you if you are sued for damages that you caused by driving an insured car
- Health insurance pays medical and hospital bills if you are sick or injured
- Disability insurance replaces some of your income if you are unable to work
- Life insurance pays money to a person's estate or survivors when a person dies
All insurance policies have some limits, deductibles, and exclusions. It is important to be aware of those limitations when you buy the policy. However, if your insurance company denies a claim that you think is covered, you may have to sue to have a court determine the proper interpretation of the policy. In certain situations, an insurance company may be liable to you for losses incurred as a result of its wrongful denial of coverage. Such losses may include:
- Attorney fees
- Interest charges
- Late fees and penalties
- Damage to your credit rating or reputation.
If the insurance company acted in bad faith, it may also be liable for punitive damages, over and above your out-of-pocket expenses and other losses.
Holding to a higher standard
Insurance companies have attorneys. If you feel you have been treated unfairly by your insurance company, you need a good attorney. Contact Sam C. Mitchell & Associates today either through our convenient online form or call 1-888-899-1458. Begin your road to recovery now. We offer free initial consultation and you pay us only if we succeed in getting you the compensation you seek.
Serving all of southern and central Illinois
