Reno Insurance Company Bad Faith Lawyer
Our Nevada Insurance Bad Faith Attorney Can Help Resolve Your Dispute
An insurance policy is an agreement between an insurance company (insurer) and a business or individual (insured). The insured pays a certain amount each month while the insurer guarantees a set amount of compensation in the event of an accident, injury, or other circumstance specified by the policy. However, actually getting a settlement from an insurance claim can be difficult. Many Nevada insurance companies may try to deny or minimize your rightful claim in the interest of profits. If this happens, then you may be able to file a bad faith insurance claim to recover not only your insurance settlement but other damages as well.
Request a free case evaluation with our Reno insurance company bad faith attorney by contacting Eric A. Stovall via our website or by calling us at (775) 256-5757.
Work with an Attorney Who Has the Experience You Need
As a Reno insurance litigation attorney, Eric A. Stovall can offer aggressive representation to victims of insurance bad faith. Before becoming a lawyer, Eric Stovall worked as an insurance agent in Nevada. This experience gives him a unique, insider perspective of insurance claims. It also allows him to thoroughly represent victims of unscrupulous companies. He can attack an insurance company’s bad faith actions on behalf of clients who have filed rightful claims and then get you the full compensation you deserve.
Personal Injuries & Bad Faith
Victims of serious injuries often rely on their insurance companies to pay their benefits promptly after making claims. However, a suspicious or reckless adjustor may unfairly deny a legitimate claim in an attempt to preserve the profits of the insurance company. By law, anyone who has suffered “bad faith” actions from their insurance company can pursue a bad faith insurance claim to receive their rightful policy benefits. Reno accident lawyer Eric A. Stovall can help make sure that your insurance company pays the benefits you deserve.
What Are Common Types of Insurance Claims?
Individuals and businesses may purchase many different kinds of insurance to protect themselves against sudden accidents, disasters, and more. Common types of insurance include:
- Car insurance
- Health insurance
- Home and renter’s insurance
- Property insurance
- Life insurance
- Travel insurance
- Natural disaster protection (including flood insurance, earthquake insurance, etc.)
- Workers’ compensation insurance
- Political risk insurance
- Crop insurance for farmers
- Crime and fidelity insurance
- Personal injury protection
- Umbrella insurance
An insurance claim for any type of policy, including those listed above, is like a negotiation. An insurance dispute occurs when negotiations stall and you cannot move forward. This may happen if you disagree with the settlement amount offered, or for any reason. In some cases, you may be able to file a bad faith claim against your insurance company to resolve the dispute. However, this will depend on the specifics of your case.
What Are “Bad Faith” Actions?
“Bad faith” actions are wrongful practices and decisions made by insurance companies in an attempt to deny or reduce the amount of benefits that policyholders can claim. Although “bad faith” can come in many forms, certain “bad faith” actions are common amongst insurers. These actions include:
- Delaying or reducing benefit payments without a reasonable explanation.
- Failing to confirm or deny benefit disbursement within a reasonable period of the claim.
- Requesting documentation over what is required by the policy.
- Undervaluing the amount of a loss.
- Treating you or your family like an enemy instead of a customer and policyholder.
- Suggesting that a less costly medical procedure will be just as effective as a more expensive procedure that your doctor recommends.
- Failure to fully investigate a claim. Insurance adjusters must investigate each case in good faith to determine a fair settlement. Otherwise, you may have a bad faith claim against the company.
- Substantial delay in processing a claim. An unscrupulous insurance company may knowingly delay your settlement to try to get you to drop your claim.
- Overcharge of premiums. If your insurance company charges you more than is fair, then you have grounds for a bad faith claim.
- Failure to disclose policy limits. You pay for your insurance, so you have a legal right to know your full policy limits. Your insurance agent should provide accurate information when you ask.
- Unreasonably low settlement offers. Many insurance companies make low initial offers hoping you will accept because you may need money quickly.
Some insurance companies want their policyholders to forget that a policy is a contract. Like in any other contractual agreement, both parties are obligated to uphold their ends of the bargain. Insurance companies have their own legal teams that will stop at nothing to minimize or discredit your claim and try to prevent you from gaining your rightful policy benefits.
When Should an Individual or Business Contact an Insurance Litigation Attorney?
Many insurance companies always try to deny or minimize settlements to protect profits. While these companies have a right to guard themselves against fraud, insurance law prevents them from acting in bad faith. A “bad faith” action is any knowing effort by an adjuster or insurance company to unreasonably reduce, deny, or otherwise impede a rightful claim.
Call Eric A. Stovall for Bad Faith Claims
When faced with bad faith actions on the part of your insurance company, you need a legal professional who knows how to handle the insurance company and its legal team. You do not have to handle this situation on your own. In personal injury cases, you may even find that you need the representation of an attorney before the insurance company will even give you the time of day.
Talk to our Reno attorney for insurance bad faith and personal injury claims. If your insurance claim received an unfair denial, you will need an attorney who has proven results. With years of experience in the insurance industry in addition to running an independent insurance agency, Eric A. Stovall knows a legitimate insurance claim when he sees one. He will work aggressively to make sure that you receive the benefits you deserve.
For a complimentary consultation about your case, call our office today at (775) 256-5757 to speak with our Reno insurance bad faith lawyer or send us your contact details via email.
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Call Attorney Eric A. Stovall at (775) 256-5757 to discuss your case today.