Bad Faith Insurance Tactics

Dealing with an injury can be incredibly stressful, and the last thing you need is to fight with your insurance company over a claim. Unfortunately, insurance companies sometimes use bad faith tactics to avoid paying out claims, even when they are legally obligated to do so.

Bad faith tactics can delay, reduce, or outright deny rightful claims, leaving policyholders in a tough spot. If you’ve been wrongfully denied a payout, a skilled Miami personal injury lawyer can assist you in fighting back.

Common Tactics Used to Sidestep Responsibilities

Insurance companies are supposed to serve their policyholders by providing compensation for valid claims. While it is true that many do, some use underhanded tactics to protect their profits. Here are some of the most common bad faith practices:

• Delaying claims. Insurers may drag their feet, claiming they need more time to investigate, when in reality, they are stalling to avoid paying. These delays can leave you without the compensation you need.
• Another tactic is offering much less than what your claim is worth. Insurers often try to pay out as little as possible, hoping you’ll accept a settlement that doesn’t cover all your losses. In these cases, the insurance company might not fully assess the extent of your injuries or the full financial impact of the accident.
• Misrepresenting terms. Some insurers will attempt to misrepresent your policy’s terms, including exclusions or limits that don’t apply to your situation. They may claim that certain conditions or injuries aren’t covered when, in fact, they are. This is a deceptive tactic to avoid paying a claim.
• Denying legitimate claims. Also, insurers simply deny valid claims outright, citing reasons that are not based on the policy or the facts of the case. They may assert that the injury wasn’t caused by an accident or that the policyholder didn’t meet all conditions.
• Being intentionally misleading. Poor information or advice may be provided to make you believe you don’t have a valid case. They might even suggest that you should settle quickly, under the guise of helping you.

If you’ve been the victim of bad faith tactics, it’s important to understand that you have options, legal professionals know how to push for a fair settlement.

Reviewing Your Policy and Building a Strong Claim

As soon as you connect with a Miami personal injury lawyer, they will carefully review your insurance policy to identify any clauses that the insurer may be misinterpreting or violating. This helps ensure that your claim is evaluated accurately.

Because injury lawyers have secured full settlements for others in similar situations, they know how to negotiate with insurance companies. When an insurer is lowballing you or dragging out the process, your attorney will advocate on your behalf to get the process back on track.

Could a lawyer be the professional you need to push back on a bad offer? Talk to the seasoned attorneys at Spencer Morgan Law. If you are ready to hold an insurer accountable for their actions, call 305-423-3800 to book a confidential consultation.