Insurance Companies And Bad Faith Cases
When a person has sustained physical injury due to the carelessness, recklessness, or negligence of another business or individual, pursuing legal action to secure compensation may be a sound solution; however, when it comes to negotiating a fair settlement, insurance companies tend to hold the purse strings.
Fortunately, when victims receive early settlements offers that are worth far less than the physical or property damage warrants, or if an insurance company fails to settle the matter in good faith, the personal injury victim may have a cause of action.
An experienced personal injury attorney can help you protect your legal and financial interests by ensuring insurance companies uphold their agreement to provide compensation in matters of economic and non-economic loss, as well as fair dealing.
If you or your loved one has been injured in a Florida accident and have experienced a bad faith insurance claim, contact the experienced and award-winning attorneys at the Shiner Law Group to discuss your case in a free consultation. The Shiner Law Group provides sound legal solutions on a contingency-fee basis, which means that you do not pay anything unless we win your case.
Understanding Bad Faith Insurance Claims
When pursuing financial recovery, it is important for personal injury victims to remember that insurance companies will attempt to resolve the incident by paying as little money as possible, which means that several tactics may be employed to avoid financial liability.
One common method insurance companies may use is to take advantage of parties who lack the benefit of legal representation by offering a premature settlement, or engaging in a way that encourages early settlement.
For example, if a victim is faced with mounting medical bills, and an insurance company is able to stall payment, the victim may be forced to accept the early settlement to avoid further financial hardship.
Regardless of the circumstances of the case, every insurance policy contains an implied duty of good faith and fair dealings. The Shiner Law Group identifies the legal rights and responsibilities insurance companies owe to personal injury victims:
- Provide a fair quantification of damages.
- Settle a claim within the insurance policy’s coverage.
- Perform a prompt and thorough investigation of the claim.
- Defend a claim, if necessary.
- Clearly define the terms of the victim’s insurance coverage policy.
- Offer the pecuniary value of the claim that fairly compensates the personal injury victim for the physical and property damage sustained.
How a Shiner Law Group Attorney Can Help
With over 15 years’ experience advocating for personal injury victims and their families in Florida, the Shiner Law Group has the in-depth knowledge to help you file your claim and deal with insurance companies who seek to deny, pay, or defend your case.
There are no limitations with respect to a bad faith insurance claim, and our seasoned law firm can help you pursue legal action even if the value of your claim exceeds the value of the insurance policy.
Our attorneys have the in-depth knowledge and resources to thoroughly handle the details of your case. We focus on the legal complexities, so you can focus on what is most important – your recovery.
Speak with a Shiner Law Group Attorney