One of the most important concepts in insurance law is bad faith. Bad faith is an insurer’s failure to fulfill its obligations to people when they need it. It is termed ” bad faith when the failure to fulfill obligations is based on dishonesty or misrepresentation. Many disputes are settled out of court, but claimants are granted an appeal in some cases.
An individual’s insurance bad faith lawsuit may be on the verge of being overturned by a judge if they have taken the case up with the appeals court. The insurance market is unique because it operates as a commodity with no price regulation. Therefore, companies can offer different products and rates based on their coverage options and carrier.
An insurance policy will usually specify how long the company must approve or deny claims for loss or damage within. You can challenge an insurance company’s offer to pay you if your claim is denied, or the amount is not what you expect.
Steps in Insurance Bad Faith Appeal Process
Filing an insurance bad faith appeal can be a taxing process. Victims of insurance bad faith must follow specific procedures to bring the issue to court.
It’s Better to Have It Written
Insurers must explain in writing why claims were denied or limited. Don’t hesitate to contact Hunkers Appeal if you feel your claim was denied or underpaid. We will review your policy language and denial letter.
Appeal in Writing
It is always a good practice to appeal or dispute any denial or restriction of your insurance plan in writing. Here are some things you should include in your appeal:
- Your name
- The date, the location, and the specifics of the loss
- The policy numbers
- Identify the claim number
Make copies of all correspondence, emails, and phone calls for future reference. You should record the dates, names, and titles of anyone you speak with, as well as what you discussed when you communicate with the insurance company or anyone involved with your claim. Be sure to document all conversations in writing. Reference those conversations at a later time.
Getting Legal Help from an Attorney
It may be the right time to contact a bad faith property insurance lawyer after you have appealed the insurance company’s decision. Attorneys may convince the insurer to act in good faith, or they may present a lawsuit, or they may facilitate mediation or arbitration. You may sue the insurance company for punitive and consequential damages, as well as to get fair compensation for your loss if the attorney finds that the insurance company was acting deceptively.
Let us guide you through the process of internal and external appeals instead of accepting a denial and facing financial difficulties. We could also help you file a lawsuit to recover any out-of-pocket expenses that may have accumulated because they denied your claim. If you live in Fort Lauderdale, Boca Raton, Weston, Miami, West Palm Beach, or one of the other surrounding Florida communities and need an appeals attorney, Hunker Appeals is here to help with insurance fraud and bad faith lawsuits.
Call or email Hunker Appeals now to set up a consultation.
Hunker Appeals, 110 Southeast 6th Street, Suite 2330, Fort Lauderdale, FL 33301 877-841-8808.
Email: [email protected]