Insurance companies are there for a purpose – to provide financial recompense in the event of death, burglary, injury, accident, breakage or for whatever reason you have taken out an insurance policy. Should an insurance company fail to make adequate payment to you -or on your behalf -in line with the amounts and time period stated in your insurance policy document, they are in breach of contract and can be sued for insurance bad faith.
Examples of insurance bad faith can include:-
- An unnecessary delay in handling claims
- Inadequate investigation into a claim
- Refusal to defend a policyholder in a court action
- Misrepresentation of a policy´s benefits
- Refusing to make a reasonable settlement offer
- Making unreasonable interpretations of an insurance policy
Where an insurance company has refused to follow a policy of fair dealing, you are entitled to make a claim for insurance bad faith compensation.
Claiming Compensation for Insurance Bad Faith
Claiming compensation for insurance bad faith is done with the assistance of a litigation solicitor through the District or Circuit Courts – only in exceptional circumstances would a compensation claim for insurance bad faith go to any higher jurisdiction.
Judgement on what constitutes insurance bad faith is based on previous court actions and their conclusions – although your personal circumstances may have an influence on a previously used precedent, and affect the amount of insurance bad faith compensation that is awarded to you.
In certain circumstances, punitive damages as well as an award of compensation may also be awarded against an insurance company as a “slap on the wrist” to prevent them repeating their act of insurance bad faith. A report may be made to the Financial Services Ombudsman.
If you feel that you have been the victim of insurance bad faith and would like to find out more, you are invited to contact us via our free advice telephone service and discuss your case with an experienced litigation solicitor.
The number to call is 1800 989 995 and, as well as advising you whether you have a case for insurance bad faith compensation which is worth your while to pursue, we will be able to offer practical advice on the best way to ensure you receive an adequate amount of compensation from your insurance company.
Our Promise to You:
- 100% Free consultation with an experienced litigation solicitor
- 100% Helpful and practical advice
- 100% Accurate and resourceful information
- 100% No pressure or obligation to proceed with a claim
What You Can Expect When You Call
We have over twenty years of litigation experience including claiming compensation in cases of insurance bad faith, and we understand how cheated and angry you may feel about a financial institution failing to adhere to its legal obligations.
We will ask you to explain to us the circumstances surrounding the insurance claim which led to the insurance bad faith incident and advise you on the best course of action to take. If pursuing a claim for insurance bad faith, we will be able to advise you how long it may take to process and the likelihood of your success.
Many people we speak to feel that their door-to-door collector – with whom they may have built up a friendly relationship over the years – may suffer in an insurance bad faith case. But even if he has directly misled you when selling a policy, it will be the company that is liable to pay your insurance bad faith compensation.
Should you have any questions that have not been covered in the course of our conversation, you are more than welcome to ask them, and we conclude each call with a summary of what we have discussed – ensuring that we explain every key point in plain English.
You are not under any obligation to act on any of our suggestions or pursue a claim. However, it is in your best interest to call 1800 989 995 as soon as possible to establish that you are actually entitled to make a claim for insurance bad faith. If you would rather that we ring you, please complete your contact details in the call-back box below, and one of our dedicated team will be back in touch with you.