Jacksonville Bad Faith Insurance Lawyer
Consult a Bad Faith Insurance Lawyer in Jacksonville, Florida
Despite faithfully paying insurance premiums every year, millions of Americans find their valid insurance claims denied by the very companies that promised to protect them in case of a serious accident or catastrophic event. When an insurance company wrongfully denies a legitimate claim, this is known as " insurance bad faith."
If you are the victim of insurance bad faith in Jacksonville, contact our insurance bad faith attorneys in Florida. A bad faith insurance lawyer from Farah and Farah, based in Jacksonville, will deal directly with the insurance company to maximize the payout of your claim.
- What You Should Know about Insurance Bad Faith
- When to Consult a Bad Faith Insurance Lawyer
- Frequently Asked Questions
What You Should Know about Insurance Bad Faith
By law, insurance companies must pay fair financial recovery on all valid claims in a reasonable amount of time. However, because insurance companies have a substantial economic incentive to act in bad faith, it has become the standard policy of many companies to routinely deny the majority of claims regardless of their validity. The insurance companies anticipate that many people will never dispute the denial and will not consult a Florida bad faith insurance attorney, which many never do. When a policyholder does refute the denial, the insurance company often underpays the insured or delays payment so that the insured is forced by economic hardship to take inadequate payment for their claim. This is considered insurance bad faith.
When to Consult a Bad Faith Insurance Lawyer
If you have been injured in an auto accident, motorcycle accident, or truck accident, or sustained serious property damage, immediately report your claim to your insurance company. If your insurance company delays the recovery process or denies your valid claim, it is time to seek legal counsel from a qualified bad faith insurance lawyer. At our Jacksonville, Florida law firm, we are familiar with the rights of those who have been taken advantage of by their insurance companies. Our insurance bad faith attorneys have helped thousands of Florida residents obtain just compensation for their claims. We have also been successful in obtaining substantial punitive damages for our clients.
The Jacksonville insurance bad faith attorneys at Farah and Farah are recognized throughout Florida for their aggressive and competent legal representation. When you contact a bad faith insurance lawyer from our law offices in Jacksonville, we will immediately begin investigating the circumstances and details of the denied claim. Furthermore, we will alleviate much of your stress by dealing directly with the insurance company so you don't have to.
Frequently Asked Questions
Victims of insurance bad faith should know they have several legal remedies available to contest a denied claim or hold insurance companies accountable for delaying valid claims. If you believe your insurance company is trying to avoid paying out a valid claim, the insurance bad faith attorneys at our Florida offices are available to review your case.
To learn more about bad faith insurance practices and how a lawyer can help with your claim, contact Farah and Farah in Jacksonville, Florida today.
What is bad faith insurance?
Insurance bad faith occurs when an insurance company wrongfully and intentionally denies a valid claim. By law, insurance companies have a duty to act in good faith toward the policyholder. The insurance company must fulfill all the obligations stipulated in the contract, pay the true value of all meritorious claims, and act within a reasonable amount of time.
What should I do if I think my insurance company acted in bad faith?
If you feel you are the victim of bad faith insurance practices in Florida, collect all correspondence with the insurance company, a copy of your policy, and any other relevant documentation. Then, immediately contact a qualified attorney in your area. The insurance bad faith attorneys at our Florida law firm have extensive experience dealing with insurance companies. We will help you gather all pertinent evidence and dispatch a bad faith insurance lawyer from one of our Jacksonville or Northern Florida offices to deal directly with the insurance company in order to maximize the payout on your claim.
What should I do if the insurance company is taking a long time to settle my claim?
Insurance companies are required by law to handle all claims in a timely manner. If your insurance company is delaying the settlement process of your claim for no apparent reason, you should first put your complaint in writing and send it to your insurer. If the insurer does not respond in a reasonable amount of time, you should contact one of the insurance bad faith attorneys from our Florida firm.
What can I sue for in a bad faith insurance lawsuit?
The plaintiff can sue for the amount of the claim as well as any subsequent damages incurred as a result of the claim being denied.
Can I receive punitive damages in an insurance bad faith lawsuit?
Yes. If the insurance company deliberately denied a valid claim in order to avoid paying out on that claim, the plaintiff may be awarded punitive damages.
Contact Our Insurance Bad Faith Attorneys in Florida
Millions of Americans are the victims of insurance bad faith practices each year. At Farah and Farah, our goal is to help take on big insurance companies to prevent these companies from wrongfully denying future claims.
If you are in need of a bad faith insurance lawyer, contact Farah and Farah in Jacksonville, Florida today.