Insurance Bad Faith - Denied or Delayed Payment of Insurance
If you or a loved one have been the victim of unjust denial if benefits or bad faith insurance practices, or if you have questions about this, contact one of the lawyers at Altman Legal Group now. Time is of the essence in protecting your legal rights. Complete a FREE consultation form online or call us today! With offices in Oklahoma and Texas our personal injury lawyers are ready to serve you. Call us today at 1-800-772-0828.
Insurance companies have an obligation to treat people fairly and in good faith. Many insurance companies try to increase profits by unfairly using delay tactics, denying clearly valid claims, and/or offering less than fair compensation. Altman Legal Group has been successful in forcing insurance companies who engage in these unfair or illegal tactics not only to pay the benefit amounts due, but, in some cases, to pay additional compensation for the losses or harm caused by their unfair tactics. In certain types of cases, the insurance company is required to pay your attorney's fees. Call us to find out if you have such a case.
If your life, health, or accident insurance policy claim is denied or payment delayed without just cause you may have a right to recover from your insurance company damages for breach of contract or bad faith in addition to the benefits due to you by terms of your policy. This is a complex area of the law and if the benefits due under your policy are not promptly paid you should discuss your rights with a lawyer experienced in claims involving life, health, or accident insurance.
While insurance company profits have grown to incredible excesses, the policyholders have not seen a reduction in their premiums. The Executives at the top level of the insurance companies fly around on their company owned jets all the while refusing to pay an injured person a fair settlement for their losses.
Unfortunately, with car accidents and other types of personal injury liability claims it is not only the injured person that is drug into trial but the insurance companies will drag their own insured who caused the wreck into the trial. Insurance companies do not care about their own insureds, they simply want to keep and invest the premium money as long as possible.
REMEMBER: In Texas and Oklahoma, a personal injury lawsuit against another person or company MUST name as the Defendant the person or company who caused the injury.....NOT the insurance company. IN 99.9% of the cases tried in personal injury lawsuits the Defendant will never pay a dime out of their pocket towards a judgement.....it is the responsibility of the insurance company. Although the fact that insurance money will cover a judgement, this fact cannot be revealed to the jury during trial. This is an injustice as it incorrectly identifies who will be unltimately responsible to pay the damages awared. This only furthers an insurance company's resolve to deny or undervalue the claim (many times against their own insureds advice). This is truly what causes many lawsuits to be filed.