Bad Faith Insurance Issues

When you purchased insurance coverage, you thought it provided safety, security and protection if you ever needed it. By paying what the insurance company asked you to pay in premiums, month after month and year after year, you believed the insurance company would be there if you ever needed it. You expected the insurance company to live up to its bargain.

Now, you have sustained a loss, and your insurance company wants a different deal.

When you experience an injury, a death of a loved one, a fire, an auto accident or some other type of loss, you are vulnerable. Fortunately, courts enforce the unique relationship customers have with their insurance company, which is why the law requires that insurance companies play by the rules and deal fairly with the people and businesses they insure. The law prevents your insurance company from abusing its power when you are most in need of the coverage you purchased.

When insurance companies act in bad faith in Pennsylvania, New Jersey and most other states, the law allows a policyholder and any insured to recover significant compensatory and consequential damages, including punitive damages, as well as attorney fees, court costs and interest. Bad faith issues arise in many circumstances, including when an insurer refuses to honor your claim, fails to investigate your claim, delays payment or interprets your policy unreasonably, among others.

If you or your business have suffered a loss, you have the right to recover the full value from your insurance company. If your insurer refuses to honor its obligations, contact the Graber team immediately. And let Mr. Graber and his team put their experience and expertise to work.