Insurance Bad Faith

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INSURANCE BAD FAITH

Insurance bad faith is a legal term that describes a claim that an insured person may have against an insurance company for its bad acts.

Under the law insurance companies owe a duty of good faith and fair dealing to the persons they insure. If an insurance company violates that fair dealing, the insured person can sue the company on a bad faith basis in addition to a standard breach of contract claim.

This duty is often referred to as the "implied covenant of good faith and fair dealing" which automatically exists by operation of law in every insurance contract.

A plaintiff in an insurance bad faith case may be able to recover an amount larger than the original face value of the policy, if the lawsuit by the policy holder was found valid.

If you or someone you know were mistreated by insurance companies contact Oshan & Associates today to discuss how we will help you obtain the compensation you deserve.

Your case will be evaluated free of charge. Your rights will be protected. Most importantly, your peace of mind will be secure.

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