Lynnwood Insurance Coverage Attorney

insurance coverageAll too often, insurance companies wrongfully deny, delay, or underpay their policyholders’ valid claims and put their interests ahead of their policyholders’. Unfortunately, despite what an insurance policy states, the claim adjuster may sometimes deny the policyholder’s claim or attempt to convince the policyholder that the claim is not covered under the insurance policy: insurance companies are corporations existing to make money.

Boris Davidovskiy, P.C., a Lynnwood, Washington insurance coverage law firm, focuses on policyholder’s interests and protects their rights. The Firm fights health insurance companies, liability insurance companies, disability insurance companies, and property insurance companies. The Firm puts its clients’ best interests first and foremost.

When you buy insurance, you contract with the insurance company. When the insurance company wrongfully denies, delays, or underpays your insurance claim, the insurance company breaches the contract.

Insurance Bad Faith

Because every contract contains an implied duty of good faith and fair dealing to the policyholder, insurance companies must handle claims in good faith. When an insurance company fails to do so, the insurance company engages in bad faith insurance practices. Besides recovering what the insurance company agreed to pay under the contract, the policyholder may sue the insurance company in tort for bad faith. Under tort law, the plaintiff is not limited to contract damages but may also seek to recover tort damages.

Insurance companies must follow laws and regulations. An insurance company’s duties vary, depending on the type of claim and industry. Insurance companies likely engage in bad faith insurance practices when they (a) misrepresent; (b) fail to investigate a claim; (c) wrongfully deny, underpay, or terminate valid claims; (d) unreasonably delay payment; (e) conceal benefits from claimants; (f) interpret policy ambiguities against policyholders; and (g) intimidate. Insurance companies often use such maneuvers to frustrate policyholders into giving up or under-settling.

Contact an Insurance Claims Attorney Lynnwood, WA

If you believe that your insurance company has wrongfully denied your claim or engaged in other bad faith insurance practices, contact us for a consultation.