An act of bad faith is considered to be any fraudulent deception of another person or the malicious or intentional refusal to perform some kind of duty of contractual obligation.
In fact, despite many Tennessee drivers regularly paying car insurance premiums in order to maintain coverage in the event of some kind of motor vehicle collision, a substantial number of Tennessee personal injury lawsuits are the immediate result of the insurance company using bad faith practices.
With this in mind, it's important to consider that as insurance companies are in the business of making a profit, they will often pay accident victims far less than what would be required to fully compensate them for the losses in which they have suffered. For a case of bad faith to be viable, it must be proven that in such an instance, the insurance company acted unreasonably to it's insured policy holder.
In light of this - in the event of an auto accident, it is absolutely imperative to have adequate legal representation during the entire settlement process. If you or a loved one has been involved in a crash and believe that your insurance company is acting in bad faith, please do not hesitate to contact the offices of Greg Coleman Law.
To learn more, contact us today by filling out the "Free Case Review" form to the right.
Common Causes Of Bad Faith Insurance Lawsuits
By law, the accident victims insurance company is responsible to act in good faith when dealing with an insurance claim - regardless of any factors involved in the accident - which may include where it took place and the manner in which the incident occurred.
In this regard, the insurance provider is to avoid looking for any type of policy gaps or loopholes which may help them to escape their obligation to investigate a claim and/or pay the accident victim the compensation in which they deserve.
Bad faith insurance claims can result from either the failure to negotiate a settlement or from the denial of coverage. Insurance companies therefore must be scrutinized carefully in order for accident victims to avoid being taken advantage of.
Some of the most typical reasons in which an insurance provider may be sued for acting in bad faith:
- Failure to disclose policy limits
- Failure to communicate vital information to the accident claimant
- Refusing to pay for the claim without thoroughly investigating the case
- Exceeding a reasonable time in which to either confirm or deny coverage for an accident victim
- Offering the victim a significantly lower settlement than the true value of their claim
- Neglecting to enter into any type of negotiations for the claim settlement
- An unwarranted denial of insurance coverage
- Neglecting to conduct a reasonable investigation of the accident claim
- When liability is clear, failure to come to a fair and reasonable settlement
- Neglecting to pay or deny the claim within a reasonable amount of time
- Failure to give a prompt and reasonable explanation for denying a claim
- Neglecting to respond to a time-limit demand
If any of the above acts of bad faith insurance describes how your insurance provider has behaved following your filing of an accident claim, you may have a justifiable reason to file a bad faith lawsuit against the insurance company.
It is imperative that you and your loved ones contact an experienced Knoxville personal injury attorney at your earliest convenience to learn more about your legal options.
Contact Our Knowledgeable Bad Faith Insurance Attorney Today
With experience gained from more than 100 jury trials and countless bench trials, the Knoxville personal injury lawyers here at Greg Coleman Law have come to understand just what it takes to be successful in the courtroom.
We genuinely understand the stresses that injury victims often endure during the injury litigation process, and with that in mind, we combine:
- a knowledgeable staff
- experienced attorneys
- a wealth of expert resources
.... to craft a robust case that provides a platform to obtain the maximum compensation possible for our clients - while also providing our customers with the security that comes from knowing that their very best interests are being represented at all times.
At our firm, the mentality is simple and concise. We dedicate our time and effort to get to know both you and your case from the very beginning. We focus on all aspects of the legal proceedings pertaining specifically to your case,
To find out more, contact us today at (865) 247-0080. A member from our intake team will answer your call, and after a few brief questions about your incident, you will be quickly connected to one of our attorneys that is best suited to your case.
Alternatively, simply fill out the "Free Case Review" form at the top of this page.