What is Insurance Bad Faith?

An insurance policy is a contract. In exchange for your premiums, the insurance company promises in good faith to pay your valid insurance claims. When the insurance company fails to meet its obligations and act in good faith according to the insurance policy, insurance bad faith is said to exist. If insurance bad faith can be proven, Florida law allows the insured to collect damages, punitive damages in some instances, attorney fees and costs.

Examples of Insurance Bad Faith conduct may be:
Insurance company denies your valid claim

Insurance company ignores or delays paying your claim

Insurance company underpays or low-balls your claim

Insurance company unjustifiably suspends or cuts-off payments on your previously approved claim

Insurance company interprets ambiguous language in your policy in their favor to avoid paying your claim

Insurance company purposely conceals benefits your entitled to under your insurance policy

Insurance company uses unethical tactics to dissuade you from filing your legitimate claim

Insurance company engages in general insurance fraud

Insurance company engages in other malicious and dishonest conduct