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When referring to insurance, “bad faith” is any act in which an insurance company breaches the policy an individual signed in an illegal effort to deny or minimize the claim's payment. In the U.S., instances of bad faith lay the grounds for a legitimate personal injury claim.
As a result, those who suspect they have been victimized by bad faith should attend a free initial consult with an experienced bad faith lawyer. Individuals with a viable bad faith insurance claim can win sizable settlements that compensate them for more than the denied claim's original amount. For those who have a case, many well-trained bad faith insurance attorneys will work on contingency to help alleviate plaintiffs' financial burdens and encourage them to stand up for their legal rights.
Insurance companies can practice bad faith in a variety of manners, including (not limited to):
Regardless of how it is done, bad faith insurance practices are all aimed at denying insurance policyholders the money they are owed for legitimate insurance claims. If you have been victimized by bad faith insurance practices, visit a local personal injury law firm to learn more about your legal rights and entitlements.
Various public and private organizations have released lists of insurance companies who are among the most notorious for practicing bad faith. According to the American Association of Justice (AAJ), the top 10 worst insurers – based on their denial of legitimate claims and other, consistent practices of bad faith – include:
The non-profit organization known as Fight Bad Insurance Companies (FBIC) has ranked its top 10 candidates for insurers who regularly practice bad faith as:
Seasoned bad faith insurance attorneys will provide each prospective plaintiff with free, expert advice regarding the best manner in which to pursue his or her case. For those who secure such professional representation, bad faith attorneys will aggressively defend their rights and help them recover the settlements they deserve. Consult an attorney in your area today.
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