Insurance Claims/Coverage Issues
People and companies purchase insurance in order to safeguard against significant financial loss in the event of an accident or other unfortunate event. Insurance companies offer a service that promises reimbursement—under specified terms—in the event of a particular loss or types of losses. By putting our faith—and money—into insurance, we expect that our insurer will look out for our best interests in our time of need.
Unfortunately, insurance companies do not always act in good faith and fair dealing, as they are bound under the law. When an insurance company acts in bad faith, they can be held liable for all ensuing damages. Bad faith, concerning insurance coverage issues, can involve unreasonably denying claims, failure to respond to an insured’s claim in a timely manner, and much more. Insurance coverage denial can occur with both first and third party claims.
- First party claim – involves a lawsuit against an insurance company if they refuse to settle the claim a policyholder
- Third party claim – occurs when an insurance company refuses to defend a suit against its insured, or denies coverage to its insured
If you feel you have been wrongfully denied insurance coverage or your insurer has treated you unfairly, please contact the Lamothe firm. We can evaluate your case—free of charge—to determine the best way to protect and maximize your legal interests. We have a wealth of experience handling similar cases and are prepared to protect your legal rights and interests.