Mississippi Bad Faith Insurance Lawyer

Do You Have a Case of Insurance Bad Faith?

Your insurance policies should provide peace of mind, protecting you from losses when an unexpected accident occurs. Unfortunately, insurance companies may act in bad faith and refuse to pay a valid claim or settlement under the policy terms. You could seek compensation for acts of insurance bad faith with the support of ‘Maggio Law.

What is Insurance Bad Faith?

Insurance bad faith occurs when an insurance company unreasonably denies or delays a legitimate claim. Insurance policies are contracts between the insurer and the individual, and the terms of these contracts are binding. An insurance company that breaches (violates) the duty to act in good faith can be held accountable by taking legal action.

Types of Insurance Bad Faith Cases in Mississippi

Insurance bad faith cases can take several forms, including the following:

Denying a valid claim without justification: These cases involved an insurance company refusing to pay for damages or losses covered under the terms of a policy.
Delaying claim payments unnecessarily: Insurance companies can unreasonably delay paying claims process for no valid reason, leading to the policyholder suffering financial harm, along with other damages, based on the facts in the case.
Underpaying claims: Some insurance companies offer settlements for less than the policy covers, even when provided with evidence, a form of insurance bad faith.
Failing to investigate properly: An insurance company may conduct inadequate or biased investigations to justify a claim denial or the underpayment of claims.
Misrepresenting policy terms: Most individuals don’t read the fine print in their insurance policy. Insurance companies know this and may provide false or misleading information about coverage or exclusions.
Policy cancellation: An insurance company that terminates a policy retroactively or without a legal reason could be acting in bad faith.

Lawyer for Insurance Bad Faith Cases in Mississippi: ‘Maggio Law

Mississippi policyholders expect to be treated fairly by the insurance companies they have paid to protect them. The types of insurance companies that may act in bad faith include:

Auto insurance: Your car insurance policy protects you and your passengers from financial losses after an accident. When an auto insurance company fails to offer a fair settlement, it may allow you to file a case of bad faith for unfair dealing against the company.
Health insurance: The company providing health insurance may refuse to pay for necessary medical care covered by the policy terms.
Life insurance: Insurance companies promise to pay benefits when a policyholder dies. When they fail to pay death benefits or burial costs as agreed under the terms of the policy, it is time to take them to court and force them to pay.
Fire insurance: After a fire has damaged a home or other structure, the property owner may believe they will be treated fairly by the insurer who issued the policy, only to be shocked when the insurance company denies the claim.
Homeowners insurance: Your homeowner’s insurance policy has a set of terms outlining what is covered. They may attempt to avoid paying a valid claim after a hurricane, tornado, or other weather event, home damage associated with fallen trees or branches, or many other losses. The company may assert that the losses were excluded or that it was the homeowner’s fault. With the help of ‘Maggio Law, those companies engaging in bad faith acts can be held accountable.

What Can an Insurance Bad Faith Case Pay in Damages?

When successful, an insurance bad faith case will cover the following:

The value of the original claim filed with the company.
The costs associated with the delay or denial include lost income, the cost of repairs, and other financial losses.
Payment for emotional distress.
Legal fees and court costs.

Why Choose ‘Maggio Law for Insurance Bad Faith Claims in Mississippi?

A case involving insurance bad faith needs the assistance of a highly skilled and experienced attorney. At ‘Maggio Law, your case will be in the hands of one of Mississippi’s most talented trial lawyers. The firm offers superior, personalized client care. For superior legal counsel from a trusted insurance bad-faith attorney, reach out to our firm today.