Insurance Bad Faith

When a policyholder pays for insurance, they are paying for benefits and to be covered in the event of an accident. After the occurrence of such an event, insurance companies often lowball your claim or deny it altogether. If you aren’t receiving the benefits that you paid for and are owed, reach out to a Los Angeles Insurance bad faith attorney for help. 

Insurance policies are supposed to protect you and provide you peace of mind. Insurance companies will collect your monthly premiums, but when the time comes to payout benefits to its policyholders, many struggle to obtain a fair settlement. If the insurance company is not negotiating in good faith, contact a Los Angeles bad faith insurance lawyer at MKS Law Group. Our firm has the experience and knowledge to understand how insurance claims works, and the steps to take to recover the full value of a claim. 

California’s “Bad Faith” Statute

In California, the “bad faith” statute states that insurance companies must refrain from acting “unfairly” or in “bad faith” to those insured under their policies. Then, the question becomes: what constitutes bad faith? The following are some examples:

• Denial of claim without having a valid reason
• Improper evaluation of your claim (i.e., lowballing the insured policyholder)
• Refusing to pay without proper investigation
• Unjust delays in investigation or payment of your claim
• Misleading information regarding policy limits
• Refusing to properly investigate your claim

Seeking Compensation for Bad Faith Insurance Practices

Although the insurance companies are required by law to “act in good faith” towards their policyholders, this is often not the case. MKS Law Group will protect your rights against the insurance companies when bad faith occurs. Bad faith insurance claims often involve:

• Homeowners Insurance Claims
  • Denied or lowballed claims for property damage such as fire damage, smoke & ash damage, water damage, etc. 

• Commercial Property Insurance
  • Denied or lowballed claims for fire damage, water damage, theft and vandalism, etc.

Contact a Los Angeles Bad Faith Insurance Attorney

The first step we recommend when you an insurance company is treating you unfairly is to have your case evaluated by an experienced bad faith insurance attorney. Don’t let your insurance company take advantage of you during a difficult time. Our Los Angeles bad faith insurance lawyers will protect your rights against the insurance companies and can help obtain you the compensation you deserve.

For a free consultation with a Los Angeles bad faith insurance attorney, contact us online or by calling (310) 904-9222.