Insurance Claims

Good Faith Insurance is supposed to be the standard. Claims are supposed to willingly be paid by law properly and promptly as the norm. If your insurance company does not meet the norm of Good Faith Insurance, you may have a legal claim against the insurance company for Bad Faith Insurance. Bad Faith Insurance, generally, is any matter regarding a consumer or Insured's insurance claim which payment is wrongfully denied, unreasonably delayed or underpaid by an Insurer but can also include other bad faith related complaints and actions to include examples such as failure to adequately investigate a claim or using unreasonable misinterpretations of policy language. At Phillips Law Firm, Inc., we handle claims on behalf of clients who have had their insurance claims wrongfully denied by insurance companies.

Many insurance companies have learned that it is much more profitable to not pay legitimate claims. Many companies are guilty of committing "bad faith insurance" ... that is "illegally" putting their own profits and best interests ahead of yours. It has been reported that 98% of all bad faith insurance claim denial cases go unchallenged by insureds and/or claimants. Usually, the only way for Policyholders and Claimants to collect on a claim that has been denied is by fighting the Bad faith Insurance Companies in the courts. Plaintiff claimants who win their cases can be awarded punitive damages to send a message to insurance companies that such tactics will not be tolerated by the law. At Phillips Law Firm, Inc., we help people fight for their insurance coverage when it has been wrongfully denied.

Bad Faith Insurance claims are not new, but you may not have heard much about this type of lawsuit. Experts estimate that 50-80% of all cases and case laws that were decided in favor of plaintiff policyholders are erased from court records (e.g. vacated, hence the legal term "vacatur"). Upon losing the decision and case and as part of the terms and conditions of settling the case, the Insurance Companies agree not to appeal the decision only if the plaintiff agrees to a gag order and that the court's decision be vacated and the information surrounding the case be kept confidential. All of this contributes to the Industry's "rule of secrecy", sometimes also referred to as "the wall of silence".

Bad faith claim settlement practices is the unreasonable withholding of the benefits of the insurance policy from the claimant or insured rather than comply with the law and pay the claimant's or policyholder's legitimate claim in good faith and in a proper and timely manner. Natural disasters occur, hurricanes and floods devastate areas and properties, buildings are impacted and houses burn or develop life-threatening infectious mold, airplanes and buses crash, trains collide, communities are rioted, crime-ridden and devastated, motor vehicle and automobile accidents kill and cause permanent disabilities to hundreds of thousands of victims every year, products malfunction and cause serious harm, people and children are exposed to toxins and dangerous chemicals are consumed unknowingly, workers are seriously hurt on the job, personal injury, medical malpractice and wrongful death occurrences are a common part of everyday life, and you suffer a catastrophic loss. Bad faith insurers often use every possible device, ploy and tactic available to them to delay, deny, or discount claims whenever they can, even engaging in breach of contract and bad faith insurance claims settlement practices. In addition, large insurance companies, consumed with cost-cutting and increasing profits impose unfair restrictive guidelines on their claims adjusters making it near impossible to properly process a claim in a fair and timely manner.

If you are one of the many insured Americans, individuals, families and children put in desperate need having been driven into dire financial straits and critical life situations for an unpaid covered claim as a result of the growing pervasiveness of bad faith insurance complaints, claim practices and the mass denial of claims by bad faith insurers contact Phillips Law Firm, Inc. for a review of your legal rights to see if you might have a bad faith insurance claim against the insurance company.