Insurance Claims & Bad Faith
Keeping Insurance Companies Honest
The law places specific requirements upon insurance companies because most insurers are so large and powerful that it is generally not possible for a customer to negotiate the terms and details of an insurance policy in a fair manner.
Generally speaking, an insurance company offers a “take it or leave it” insurance policy which leaves customers with little or no ability to negotiate the terms of the settlement. It is because of this disparate bargaining power that the law places additional requirements on insurance companies to treat their customers fairly. Failure to do so comes with serious consequences to the insurance company.
Filing an insurance claim for property damage is complicated, even without the stress of an uncooperative insurance company. Insurance companies are in the business of paying your claim. However, they also want to make a profit. Unfortunate as it is, insurers will sometimes resort to bad faith practices including:
- Improper investigations
- Unreasonable delays
- Underpaid claims
- Wrongful claim denials
Whether you have an insurance claim relating to fire, tornado, hail, or hurricane damage, our Houston Texas Insurance Attorneys can help you evaluate your options and determine if you need to take legal action against your insurer.