After surviving a serious car accident, victims often face a long road toward recovery—often with catastrophic injuries that make life difficult logistically and financially. Of course, this is why people buy insurance. After an accident, at least people have the assurance their claims adjuster will give them a fair amount for their medical care and other losses.
In reality, when insurance companies get a claim, they do not always behave in a way that a policyholder would expect after years of faithfully paying premiums.
Modern insurance companies are designed for generating profits. In some ways, being a good insurer and maximizing profit are mutually exclusive. For instance, claims adjusters are supposed to offer their claimants a fair amount for their damages, but they're also employed and rewarded by a company that rates their performance based on how little they pay out. Claim denials, slow responses, and low offers are all tactics used by adjusters when they are attempting to pay out at little as possible.
It’s important to remember that you do not have to deal with this behavior. Insurance companies have a responsibility to act in good faith toward claimants. When they fail to do so and utilize dishonest, misleading, or unfair tactics, they may be operating under bad faith. Texas law punishes companies for operating in bad faith as long as plaintiffs can prove it in court.
Bad Faith Car Insurance Practices
Insurance companies practice bad faith because they can get away with it. Often, insureds who have issues with their claim do not take their insurance company to court to hold them accountable. The help of an experienced Texas insurance claim attorney will help you build a strong case to get the compensation you deserve.
Examples of bad faith practices include:
- Misrepresenting a policy
- Failing to communicate with the claimant
- Offering a deliberately low settlement
- Failing to conduct a thorough investigation
- Refusing to pay a legitimate claim
- Improperly requesting federal tax returns
- Delaying a claim
When Does an Attorney Claim Bad Faith?
No insurance company should be allowed to risk the future of claimants merely because they do not want to provide a fair settlement. When an insurance company refuses to offer the compensation a claimant deserves, it is essential to get the help of an experienced insurance claim lawyer. Doing so will compel the insurance company to exercise their services in good faith in the future.
An attorney may ask the following questions to show bad faith:
- Was a claim denied by someone who was seriously injured by a drunk driver?
- Did the insurance company deny responsibility when the accident falls under the coverage of a policy?
- Was the settlement offered by the insurance company low when compared to the damages from the accident?
- Did the insurance company accomplish a thorough investigation that took all aspects of the accident into consideration?
At Arnold & Itkin, we’ve helped thousands of people pick up the pieces of their lives. Our attorneys do not let dishonest tactics derail a strong claim. We have won billions of dollars for clients by fighting to prevent insurance companies from getting away with bad faith practices.
Call Arnold & Itkin today to discuss your bad faith insurance claim. Consultation is free when you call (888) 493-1629.