Madison Insurance Bad Faith Lawyer

Insurance Bad Faith Attorney in Madison, CT

Your insurance policies are an agreement between you and the insurance company, whether the company agrees to pay claims in specific circumstances or agrees to defend you against third-party claims. When insurance companies ignore their obligations to save money and act dishonestly, you may be able to hold them accountable for acting in bad faith. A Madison insurance bad faith lawyer can help you protect your financial and personal interests.

Balzano & Tropiano: Your Experienced Madison Insurance Bad Faith Attorney

If you need an experienced Madison personal injury lawyer to work for your interests against an insurance company, Balzano & Tropiano can help. Our attorneys have 50 collective years of legal and personal injury law experience. When you have a legitimate claim with an insurance policy that you have paid for, you have the right to recover what the company owes you.

Our team can help you assess if you have the basis of a bad-faith claim. We offer caring and dedicated legal representation aimed at protecting your future. We can help you file appropriate claims in courts like the Meriden Judicial District or the New Haven Judicial District Courts.

The Basics of Insurance Bad Faith Claims

In the U.S., 86.6 million people have homeowners’ insurance, and 970,236 people carry this insurance in Connecticut. In Madison, there is a homeownership rate of 89.9%, compared to 61.6% statewide.

Homeowners insurance is far from the only type of insurance most individuals and families carry in the area. You may need to file a claim with your company or the company of another party, such as for car insurance, health insurance, renters’ insurance, life insurance, fire insurance, personal injury insurance, workers’ compensation, or medical malpractice.

When you purchase insurance, you are supposed to be able to rely on the insurance company to pay out a claim and fulfill its part in the contract. Unfortunately, this doesn’t always happen. When an insurance company neglects its obligations to you as a policyholder or claimant, you might have grounds for a bad-faith claim.

Both state and federal regulations require these companies to respond to claims in a set period of time and engage in these cases fairly. When they don’t, you could file to potentially recover the claim you were owed, your financial losses, and other personal losses because of the delays and denials.

What Are Bad Faith Tactics Insurance Companies Use in Madison?

You might have the basis for a bad faith claim when an insurance company does any of the following:

• Denies your reasonable and valid claim
• Delays in addressing and processing your claim without a reason
• Provides a settlement that undervalues the claim by a significant amount
• Fails to investigate the claim you make before making a decision
• Requires numerous statements from you with the intent to deny your claim based on inconsistent statements
• Only partially pays the amount agreed on
• Delays sending you payments unjustly
• Evaluates claims without fair and unbiased professionals
• Fails to inform you that it is denying the claim
• Lies about or misrepresents the terms or coverage of your policy
• Interprets the working of the policy unreasonably
• Fails to defend you in a third-party claim
• Refuses to settle with a third party
• Cancels your policy unfairly and without reason
• Refuses to enter settlement negotiations
• Threatens you or tries to intimidate you

If these tactics are used against you when you try to file a claim or otherwise get the expected support of your insurance company, you could file a civil claim against the company.

What Compensation Can You Get in a Bad Faith Insurance Claim?

In Connecticut, you can recover compensation in a bad faith insurance claim, such as:

• Consequential damages, which are damages that were foreseeable when the contract was created, both economic and non-economic
• Emotional distress damages for the personal trauma caused by the delays
• Attorney’s fees in some types of cases
• Punitive damages, which punish the insurance company for egregious behavior, are available only under the Unfair Trade Practices Act.

FAQs

Madison Insurance Bad Faith Attorney

You have a limited period of time to file these claims. Reach out to Balzano & Tropiano soon to determine if you can file a bad faith claim against an insurance company.