Bad Faith of Insurance Companies
Insurance coverage is considered a contract between the insurance company and the person covered under the policy. In Florida, insurance companies have an obligation to act in good faith toward their policy holders. When an insurance company fails to act in good faith, it runs the risk of being held liable for coverage in excess of the policy limits. An insurance company can be found to have been acting in bad faith for numerous reasons that amount to unreasonable or unfair conduct. These include unreasonable delays in payments of benefits, failure to provide coverage when coverage is warranted, failure to settle a case within the limits of the insurance policy, failure to defend, unreasonably interpreting policy language, and other actions that manifest unreasonable or unfair conduct.
At Law Offices Cytryn and Velazquez, P.A., we will work with you to protect against the wrongful tactics of insurance companies. It is important understand your rights when dealing with insurance companies because they most often do not have your best interest in mind. Our experienced attorneys and staff understand that dealing with insurance companies is not a pleasant experience and can cause many headaches. Call our office now at 1-877-853-7466 for your free consultation and let us handle the insurance companies for you.
See an example of our bad faith verdicts:
Florida Injury Lawyer Blog - Bad Faith Insurance
- Reducing Your Insurance Rates While Maintaining Quality Insurance The cost to insure your vehicles is "all over the place". Buyers should definitely shop around in order to get the least expensive rates. BUT ....
- Car Accident Injury Victims in Florida Feel the Squeeze of a Poor Economy The poor economy seems to be negatively affecting the settlement offers Florida auto accident victims are receiving from insurance companies. These ....
- Insurance Company Bad Faith Actually Benefits Florida Accident Victims Shortchanging the accident victim is something that is 'old hat' for insurance companies. Florida accident victims have always had to scratch and claw ....