subject: Eric J Hertz Offers Advice For Victims Involved In Bad Faith Insurance Lawsuit [print this page] When an accident occurs, many individuals seek help from their insurance company. Unfortunately, in some cases insurance companies may unfairly attempt to deny their customers the benefits for which they had paid. When this occurs, Eric J Hertz offers advice for victims involved in bad faith insurance lawsuit, enabling them to obtain the compensation they are owed.
The Implied Covenant of Good Faith and Fair Dealing
The American legal system has a concept known as the implied covenant of good faith and fair dealing. Described simply, it holds that both parties in a contract will honestly work to fulfill their obligations to the other party. When an insurance company attempts to deprive a client of the coverage they are fairly owed, they have failed to live up to their obligation to work in good faith. Examples can include the following:
Deliberately losing paperwork in order to delay the processing of a policyholders claims.
Denying a legitimate claim.
Demanding excessive documentation for a claim, especially if the documentation is not relevant to the facts of the case.
Failing to defend a policyholder from a third partys claim.
Improperly canceling a policy after a claim has been filed.
In all of these cases, the insurance company has failed to act in good faith, attempting to deny the policyholder the compensation that they are owed, even if they have had a long history of making insurance payments to the company. This can happen to the victims of catastrophic accidents, as well as individuals who have been diagnosed with serious illnesses.
The Victims of Bad Faith Policies
Individuals victimized by their insurance company can suffer tremendous personal and financial damage. In many cases, they will be forced to use their own funds in lieu of money the insurance company owes them.
However, in other cases, the failure of an insurance company to honor its obligations may result in permanent injury or death, especially if an individual is unable to receive proper medical care due to improper delays in the processing of their claims. Eric J Hertz offers advice for victims involved in bad faith insurance lawsuit, enabling them to effectively fight for their legal rights.
Compensation for Bad Faith Actions by Insurance Companies
When an insurance company acts in bad faith, the victims can receive compensation for their losses. This compensation can include the following:
Compensation for expenses incurred due to the failure to pay a claim in a timely manner.
Compensation for any pain and suffering suffered by the family.
In some cases, the court may assess punitive damages against the insurance company.
No matter the case, Eric J Hertz offers advice for victims involved in bad faith insurance lawsuit. With a team of skilled attorneys working with them, clients can determine the best way to deal with an insurance company that is acting in bad faith. In order to receive an individualized consultation, immediately contact the law offices of Eric J. Hertz.
by: Mel Joelle
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