Insurance is our safety net when things go wrong. We purchase insurance to plan for worst-case scenarios and hope that we never end up in those scenarios. When devastation happens, we look to our insurance companies to provide us with the compensation we so desperately need during these times. We expect these insurance companies to honor our signed policies with honesty and good faith.
Unfortunately, this doesn’t always happen. Car insurance or life insurance companies sometimes choose to prioritize their profit margins and may fail to honor a policy you thought you agreed to. In other instances, an insurer may cancel a policy without notice or state that you’re ineligible for receiving the benefits you are owed. In many of these cases, the insurer will find some loophole to try and deny you benefits.
All the above examples are cases of dishonest faith, or bad faith. An insurance company’s unreasonable failure to perform is called insurance bad faith. When an insurance agency acts in bad faith, they hope that their client will not know how to take legal action and fight back in order to receive the benefits they are owed.
But you’re reading this. You know better. To fight back against an insurance agency in Mississippi that failed to honor a policy you were owed, Biloxi, MS insurance bad faith lawyer Corban Gunn is prepared to do whatever he can to help you succeed. Corban Gunn is an experienced insurance bad faith attorney and understands the loopholes these insurers attempt to take advantage of.
The Realities of Insurance Companies That Act in Bad Faith
Like any other business, auto insurance companies are in the business of making money. When you have been injured in a car accident or need to open a claim for any reason, your insurance company may deny your coverage or try to negotiate your claim for less than it is worth. Examples of bad faith might include:
- Offering to settle your claim for an amount much less than the damages you sustained
- Offering to settle your claim for an amount without a reasonable relationship to your injuries and denial of giving reasons for this amount
- Making payments for claims but without specifying which coverage for the claims
- Advising insured not to seek advice of an attorney
- Cancellation of the policy as a result of making a claim
Similarly, life insurance companies may attempt similar tactics in order to deny you compensation your family needs to move forward after the death of a loved one. Life insurance companies may state that your policy is invalid or simply delay the payout period multiple times in hopes that you will forget about the policy and what you are owed.
These types of tactics are unfair, cruel, and unjust. When you have been injured in an accident or have lost a loved one, you need your insurance company to be on your side. Insurance policies are signed contracts that should be honored. If your insurance company begins to seem more like your adversary rather than your champion, it may be time to call an attorney.
A Qualified Mississippi Bad Faith Insurance Lawyer
When a tragedy occurs, it may be tempting to settle a car insurance or life insurance claim as quickly as possible to put an unfortunate accident or event behind a family who’s already in turmoil. This is the response insurance companies who operate in bad faith are hoping for. Rushing to settle your claim prior to seeking the advice of legal counsel can be detrimental to you and your family’s future. You deserve better. You deserve the benefits you’re entitled to.
If you’ve suffered at the hands of an insurance agency who acted in bad faith and refuses to pay you the benefits you know you are owed, contact Corban Gunn, Biloxi, MS insurance bad faith lawyer, at 228.284.6805 or online for a free initial consultation of your case. Corban Gunn is a fifth-generation Mississippi attorney qualified to handle insurance bad faith cases and isn’t afraid to go up against major insurance companies.