When filing an insurance claim with any insurance company, state laws require the particular insurance company to meet its obligation in investigating the allegations and pay you accordingly. Any instance against that places them in a position of acting in bad faith.
These lawsuits, however, may arise from different actions by insurance companies from which you seek compensation. Some of these ranges from denying insurance coverage to refusing to negotiate any settlement with you for the property you had listed in their insurance coverage.
Bad faith insurance attorneys in Los Angeles list other typical reasons that would have you lodge a bad faith lawsuit:
You can file a case against an insurance firm that fails to communicate any relevant information to your claim. Such cases also cover any form of slack in conducting reasonable and substantial investigations on your allegations. You can also file against any attempt by the insurance agents to pay you the respective claims without prior investigating into your case.
Bad faith lawsuits also cover failure by the insurance company to service your claims within the agreed period. That also spans any instance of failing to confirm the period within which they had stated they would cover your claims. You can also pursue a bad faith lawsuit against your insurance agent should they attempt to bargain for a different settlement coverage while there’s concrete proof of liability.
Whenever the insurance agent — from which you took cover for your assets — offers less money for settling your claims or delays the claiming process altogether, you have the right to file for a bad faith lawsuit with your attorney. You, however, should insist on working with attorneys with a vast experience in representing insurance claims. That will assure you of a just and fast claim settlement for the full amount.