Having trouble getting responses out of your Alabama insurance carrier?
The majority of insurance purchased in Alabama is intended to cover a home, vehicles, jewelry, etc. The expectations of policyholders are that their insurance will recover the expenses if these items are damaged, stolen or lost.
Insurance “Bad Faith” happens when a policyholder who has paid their insurance premiums fairly and is denied compensation after filing a legitimate claim with their carrier.
Signs of Insurance “Bad Faith” in Alabama are:
- There are delays from the insurance carrier or they dismiss the claim all together with out a reasonable explanation.
- You get a settlement amount from your insurance adjuster for less than your declared value.
- Insurance company attempts to settle claims on the basis of an application and/or policy that the insurer altered without notice, knowledge or consent of the policyholders.
As with anything, there are good and bad insurance carriers providing coverage to people in Alabama; while some work very hard at diminishing or dismissing payment of claims, there are others that are ready and willing to recover for their long-standing policyholders. It is important to know the signs of insurance “Bad Faith” practices so that you are aware. If you feel you are victim to “Bad Faith” practices, it is important to contact and experienced attorney as quickly as possible.