Insurance companies have a “good faith” obligation to evaluate and provide coverage for claims reasonably, efficiently and expediently. If not, the insurance carrier’s conduct may constitute insurance bad faith.
Bad faith insurance claims may be based on claims by the insured, and by others against the insured. These are also known as first-party and third-party insurance claims. For example, a first-party claim would be if a home experienced some type of water damage and the insurance company refused to pay for the damage to the home, despite the fact that water damage was covered by the homeowner’s insurance policy.
In contrast, a third-party claim would be if an individual injured in an car accident caused by another driver’s negligence made a claim against the driver’s insurance company and that insurance company caused unreasonable delays in claim resolution, failure adequately to investigate the claim, or failed in making reasonable offers to settle the claim within the driver’s insurance policy limits.
There are many variables involved in determining whether a bad faith claim has merit against an insurance company, as well as the expected amount of damages that may be recovered as a result of an insurance company’s conduct. Paul Boone will review the insurance policy in question and evaluate the case to determine the viability of any claim.
It is common knowledge that insurance companies are difficult, stubborn negotiators, which is especially true in situations involving claims of bad faith against them. Also, insurance companies have a full arsenal of resources including attorneys, adjusters, and other personnel working to protect their assets. Paul Boone’s thirty-five years of experience help him effectively represent clients against such vast resources.
If you believe you have been a victim of an insurance company acting in bad faith, contact Paul Boone today for a FREE evaluation of your case. Paul represents clients in insurance bad faith cases solely on a contingent fee basis, which means that any fees are paid only if the case ends in a favorable jury verdict or out-of-court settlement. Call 904-448-4009 and talk to Paul personally today.