Bad Faith Insurance Disputes
Insurance Company Denied or Delayed Your Claim Without Just Cause? We Hold Insurers Accountable for Acting in Bad Faith and Fight to Recover What You're Owed.
What is a Bad Faith Insurance Dispute?
A bad faith insurance dispute arises when an insurance company fails to uphold its contractual obligations to a policyholder, acting unreasonably or dishonestly in handling a claim. This breach of the implied covenant of good faith and fair dealing can manifest in various ways, such as unjustifiably denying a valid claim, delaying payment without cause, or offering settlements significantly below the claim's value. In essence, bad faith occurs when an insurer prioritizes its interests over the rightful entitlements of its policyholders.
FREQUENTLY ASKED QUESTIONS
How do I know if my insurer acted in bad faith?
If your claim was denied or delayed without a clear explanation, or if your insurer failed to investigate properly, communicated poorly, or offered a low settlement without justification, these may be signs of bad faith.
What should I do if I suspect bad faith?
Start by keeping detailed records of all communication with your insurer. Then, contact an attorney who can review your case and help determine whether the insurer’s conduct qualifies as bad faith.
What kinds of insurance claims can involve bad faith?
Bad faith can arise in many types of claims, including auto, home, health, life, or disability insurance. It applies whenever an insurer wrongfully avoids paying what is owed under a valid policy.
Is there a deadline to file a bad faith claim?
In South Carolina, the statute of limitations for filing a bad faith insurance claim is three years from the date of the insurer's wrongful act, such as an unreasonable denial or delay in paying a valid claim. It's important to note that this period may begin when the wrongful act occurs or when the policyholder discovers, or should have discovered, the insurer's bad faith conduct. Therefore, it's crucial to act promptly and consult with an attorney to ensure your rights are protected within this timeframe.
What compensation can I receive in a bad faith case?
If your insurer is found to have acted in bad faith, you may be entitled to recover the amount originally owed, plus damages for emotional distress, legal costs, and in some cases, additional punitive damages.
