Bad Faith Insurance Lawyers in California
The most common cause of bad faith on the part of an insurance company is when an insurance company unjustly denies a claim. On paper, the purpose of insurance companies is to collect premiums in exchange for providing coverage and protection when a covered incident takes place. In reality, the main focus of many insurance companies is to make as much money as possible. As a result of the conflict between their purpose on paper and their actual purpose, it's quite common for people to have claims unjustly denied. When this takes place, it is considered bad faith on the part of the insurance company.
There are many ways that an insurance company can deny a claim in bad faith. In some cases, an insurance company may outright lie about the facts involved in a case. An insurance company can act in bad faith when they don't respond to a claim in a reasonable amount of time. This delay strategy is an all too common one employed by insurance companies. Another act that is considered to be in bad faith is when an insurer denies a claim without conducting a proper investigation. An insurance company may also be acting in bad faith when they attempt to settle a case for an unfairly small amount. While these are the most common bad faith acts committed by insurance companies, they are by no means the only situations where an insurance company is acting in bad faith. If you have a claim denied and you believe it was done so unjustly, there is a strong chance that it was done by the insurance company in bad faith.
In the state of California, the California Department of Insurance is responsible for protecting policyholders from insurance companies that act in bad faith. However, like many government agencies, this department does not have the manpower necessary to ensure that every insurance holder in California is properly protected against their insurance company acting in bad faith. While you can't realistically expect this department to directly provide you with the protection you may need against your insurance company, the department does have enforceable regulations in place. These regulations make it possible for a bad faith insurance lawyer in California to take action on your behalf if your insurance company unjustly denies a claim that you make.
If you live in California and have an insurance claim that was unjustly denied, hiring a bad faith insurance lawyer may seem like an expensive or excessive option. However, neither of these are actually the case. In terms of being too expensive, most bad faith insurance lawyers won't charge you an upfront fee. Instead, they will evaluate your situation to see if it is a case of bad faith. If they determine that it is, they will take on your case for free. Their compensation will come as a percentage of the amount that they win for you from the insurance company. In terms of being too excessive, it's important to remember that you're one person against a big company. Because of their size and position, an insurance company who denies your claim has the upper-hand. It's for this reason that you need to hire an lawyer. Having an attorney on your side will give you the ability to strengthen your position against the insurance company. While an insurance company can continue to ignore you when you're on your own, once you have a bad faith lawyer fighting for you, they will have the experience and knowledge necessary to make your insurance company pay you what you are entitled to receive.