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Insurance Bad Faith: What You Can Do to Protect Your Rights

Insurance Bad Faith: What You Can Do to Protect Your Rights

Under the law, the insurance company is required to comply with the terms of the policy agreement. This means that it must honor a legal and valid claim, and payout compensation as soon as possible. The company must honor the policy agreement with you, and must negotiate your claim with you in good faith. If the insurance fails to do so, it is said to be acting in bad faith.

What do you do when the insurer continues to deny or delay a claim, or comes up with all kinds of excuses for denying a claim? In such cases, it’s important to get legal help to protect your rights to insurance protection.

The policy is a legal agreement between you and the insurance company, and as long as you have filed a legal and valid claim, the insurance company is legally required under the law to pay out your claim. Under the law, the insurance company is required to comply with the terms of the policy agreement. This means that it must honor a legal and valid claim, and pay out a claim as soon as possible.

All disagreements with your insurance adjuster about the value of a claim may not necessarily constitute bad faith. If however, your adjuster refuses to give you a reason for the low settlement that he’s offering you, then he may be said to be acting in bad faith.

To understand whether your insurer is acting in bad faith, and what you can do about it, speak to a Los Angeles insurance bad faith lawyer. Schedule a consultation with a Los Angeles insurance bad faith lawyer today.

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