What is Bad Faith?

By: Admin

What is Bad Faith? Bad Faith is when an insurance company does not attempt “in good faith” to settle claims when, under all circumstances, it could have and should have done so. An insurance company has an obligation to fully investigate all claims and settle, if possible. If the court or jury determines that an insurance company acted in “Bad Faith” the insurance company is responsible for paying the “full value” of the claim, even if the “full value” of the claim exceeds the insurance limits. Many times, “Bad Faith” claims are settled before trial because the insurance companies recognize that going to trial could further their exposure.

In the last 60 days. Mr. DeLattre has successfully negotiated settlements involving several cases in which the total settlement exceeded the available insurance limits. All of these cases were heavily litigated by Mr. DeLattre, as most “Bad Faith” cases are. One of these cases involved the “wrongful death” of a young man due to a motorcycle accident and another involved a minor child involved in an automobile crash. All of the settlements were for amounts twice as much (or more) than the original insurance limits and one settlement was for an amount five times the available insurance limits!

Because “Bad Faith” is very complicated, it is important to contact Wieland, Hilado & DeLattre immediately following an accident or any other event that involves insurance coverage. “Bad Faith” can also exist against your own insurance company based on a “homeowner’s claim” following a storm, for example, where your home is damaged. Should you have any questions about “Bad Faith” or any questions following an accident, please do not hesitate to contact our office.

Testimonials

After my motor vehicle accident, I was not getting anywhere with workman’s compensation. When I met with Tom, he assured me that everything would be taken care of. Immediately, I was no longer going to a Centre Care, I was seeing specialists that greatly assisted me in my recovery. His concern for my well being was extraordinary. Tom is professional, reliable, and kept me informed throughout the entire process. I would not hesitate to recommend Tom to anyone who requires the serves of an excellent attorney.

Al was a great attorney,he was extremely helpful. If I ever needed another Workers’ Comp attorney again, I would definitely hire Al. His assistant Melody was very helpful to when Al was out of the office or helping another client. These are great people they treated me like I was family.

– Frank C.