Sending a Bad Faith Letter to Your Insurance Company
When you sign up for comprehensive homeowner’s insurance, you should be able to rely on that coverage in case of an emergency. Unfortunately, insurance companies don’t always want to hold up their end of the bargain. In those cases, they may act in bad faith in an attempt to get out of paying what they owe.
Bad faith tactics include unfairly delaying claims, failing to properly investigate claims, refusing to pay valid claims, underpaying claims, and other wrongful actions. If you feel your insurance company is acting in bad faith, you should contact a bad faith insurance attorney for help sending a bad faith letter to your insurance company.
Keep reading to learn about what a bad faith letter is and how to write a bad faith letter to your insurance company.
What Is a Bad Faith Letter?
When an insurer acts in bad faith, the insured party can pursue legal action in the form of a lawsuit to get whatever compensation they may be owed. However, that isn’t the first step. Before you file a lawsuit, you will need to follow several other steps.
First, if you feel your claim has been wrongfully denied or underpaid, you can file an appeal with your insurance company to attempt to change the decision. You can also file a complaint with the state to have your case investigated.
If you’ve taken the steps above and haven’t gotten the results you feel you’re entitled to, it’s time to write a bad faith insurance letter. In a bad faith insurance letter, you let the insurance company know what payment you feel you deserve and inform the company that a lawsuit will follow if your requests are not met.
How To Write a Bad Faith Letter to Your Insurance Company
Now that you know when to write a bad faith letter to your insurance company, it’s time to learn about how to go about writing one. If you need to write a bad faith letter to your insurance company, you can follow the steps below:
- Speak to a bad faith insurance attorney for guidance
- Clearly state your claim
- Explain why the insurance company is liable for your claim
- Include documentation and evidence supporting your claim and liability argument
- List individual damages
- Include a specific payout amount you expect to receive
Again, it’s important to speak to a bad faith insurance lawyer before sending a bad faith letter to your insurance company. A bad faith attorney can help you determine what you’re owed, why the insurance company is liable, and help you prove your claims. Getting help from an attorney can make a big difference in the success of your demands.
Homeowner’s Insurance Claim Denied? Get Help From a Bad Faith Insurance Attorney
Insurance companies hold a lot of power and resources compared to your average policyholder, and that puts claimants in a tough spot when it comes to seeking compensation from a company acting in bad faith. If you think your homeowner’s claim was denied in bad faith, don’t go through the process of fighting the insurance company alone. Get help from an experienced insurance attorney.
At Millin & Millin Attorneys, our bad faith insurance lawyers are dedicated to helping homeowners get the compensation that they deserve from their insurance companies. If you feel your insurance company is treating you unfairly, get help defending your rights to compensation.