Know the Signs of Insurance Bad Faith

We all want our insurance providers to take care of us fairly after we have been in an accident, had our property damaged in a natural disaster, or suffered financial loss due to an unforeseen business mishap. But we are also all well aware that insurance companies are trying to make a profit like everyone else, and that they might resort to insurance bad faith tactics to save their bottom line.

If you suspect that your insurance company might be using deceit, dishonest, and outright swindling against you, take a look at this list of some of the top telltale signs of insurance bad faith. If matters have already gotten out of hand or you have already suffered the consequences of your insurance provider’s inaction, you should contact our Houston insurance bad faith attorney from Dick Law Firm as soon as you can. Since 2008, we have helped thousands of people in situations just like yours find an amicable solution to their case. Call 833-7RIGHTS for more information about our legal services.

Top 5 Signs of Insurance Bad Faith

1. Unexplained delays: Your insurance company spends every single day of its existence managing insurance claims that cannot be that different from yours. There really should be no delays at all, especially not any that have no reason behind them. If your claim is taking unreasonably long to process, the company might be slowing down the process to look for holes in your claim, rewarding them with the chance to give you a lesser amount of coverage.
2. Unexplained speed: On the other end of the spectrum, if your insurance company throws an offer your way only hours or days after you report your accident, it is clear they have not run the numbers on your necessary future medical and repair expenses. Be careful that you don’t sign any initial offers without having it reviewed by your attorney first.
3. Undue pressure: The urgency of your claim is more or less up to you since you are the one affected by harm or injury. If your insurance company is pressuring or intimidating you to make a decision and settle, they are probably overstepping their contractual and legal boundaries.
4. Uninvestigated evidence: One of the easiest ways an insurance company can lower the value of your claim is to simply refuse to acknowledge the evidence you provide for your damages. Hospital bills, repair receipts, and more are crucial to calculating what you need, but that doesn’t mean that they want to see them.
5. Unforeseen changes: Did your policy’s guidelines change, or was it canceled altogether, only a few short days after you made a claim? Your insurance carrier might claim that it was scheduled to do so, regardless of your claim’s existence, but an investigation could prove that it is bad faith in action.