San Diego Personal Injury Lawyers Helping Victims of Insurance Bad Faith
People purchase insurance policies to cover themselves in the event of unforeseen loss in several contexts. Common types of insurance coverage include policies that deal with someone's home, automobile, medical care and life. When something goes wrong and people need their insurance companies to provide them with the help that they assume they will receive, they do not always obtain the result they expected. Unfortunately, this is a problem that can and does arise quite often. Many of these situations involve conduct that could be termed insurance bad faith. Below is a brief overview of this problem that many people have or will experience. Anyone who finds themselves in this difficult situation needs to obtain the help of experienced San Diego personal injury lawyersas soon as possible.
When someone purchases an insurance policy, that person is basically purchasing coverage for unforeseen problems that can arise. An insurance policy is basically a contract as it's viewed by the laws of California, which means that each party to this contract takes on both rights and duties when it's executed. Generally speaking, the policyholder agrees to pay the premiums on that policy and the insurance company agrees to provide financial coverage when it's needed within the terms of that policy.
Unfortunately, insurance companies have been known to act in ways that do not constitute a reasonable standard of good faith, and there are several examples of insurance bad faith that have been endured by policyholders who did not see this conduct coming. A few of these examples of insurance bad faith include:
The examples above are only a few in number, and what generally happens as a result of this conduct is that the policyholder will become desperate for any type of recovery and will therefore agree to an unreasonably low settlement offer or that policyholder will give up on pursuing that claim altogether.
When these situations arise, people who are forced into this position are often unsure of where to turn for help. Fortunately, those who obtain the assistance of experienced San Diego personal injury lawyers can level the playing field and take steps to hold an insurance company that's been dealing in bad faith accountable for their actions. This can be done by way of aggressive settlement negotiations or by way of the filing of a lawsuit. If you or someone you love has suffered because of insurance bad faith, you need to seek the help of San Diego personal injury lawyers who have been fighting for the rights of clients for many years. Contact Mitchell | Gilleon today to schedule a free initial consultation.
The Nature of Insurance Policies
When someone purchases an insurance policy, that person is basically purchasing coverage for unforeseen problems that can arise. An insurance policy is basically a contract as it's viewed by the laws of California, which means that each party to this contract takes on both rights and duties when it's executed. Generally speaking, the policyholder agrees to pay the premiums on that policy and the insurance company agrees to provide financial coverage when it's needed within the terms of that policy.
The Nature of Insurance Bad Faith
Unfortunately, insurance companies have been known to act in ways that do not constitute a reasonable standard of good faith, and there are several examples of insurance bad faith that have been endured by policyholders who did not see this conduct coming. A few of these examples of insurance bad faith include:
- Denying all initial claims for coverage
- Refusing to provide an explanation for the denial of a claim
- Purposely delaying the processing of a claim
- Refusing to negotiate in good faith with regards to settlement of a claim
The examples above are only a few in number, and what generally happens as a result of this conduct is that the policyholder will become desperate for any type of recovery and will therefore agree to an unreasonably low settlement offer or that policyholder will give up on pursuing that claim altogether.
How San Diego Personal Injury Lawyers Can Help
When these situations arise, people who are forced into this position are often unsure of where to turn for help. Fortunately, those who obtain the assistance of experienced San Diego personal injury lawyers can level the playing field and take steps to hold an insurance company that's been dealing in bad faith accountable for their actions. This can be done by way of aggressive settlement negotiations or by way of the filing of a lawsuit. If you or someone you love has suffered because of insurance bad faith, you need to seek the help of San Diego personal injury lawyers who have been fighting for the rights of clients for many years. Contact Mitchell | Gilleon today to schedule a free initial consultation.
Source...