| Message |
Author |
|
Posted: Mon Jan 19, 2009 8:34 am Post subject: bad faith claim |
|
|
What are bad faith claim laws?
How does this law govern the insurance companies?
Thanx,
Purpleheaded08 _________________ Register Now to have your Insurance queries solved. |
|
Purpleheaded08
Guest
|
|
Posted: Mon Jan 19, 2009 1:30 pm Post subject: |
|
|
| Most states have website, usually under the Dept of Insurance, that list a general outline of what an insurance company should be doing. Other then that, if the insurance company does not honor the stipulations in the contract, it could be acting in Bad Faith. |
|
tcope
Forum Expert

Joined: 22 Nov 2006
Posts: 5068
Location: Salt Lake City, UT
272.81 Dollars($)
|
|
Posted: Tue Jan 20, 2009 8:55 am Post subject: |
|
|
The policy holder may expect clear dealings and have considerable trust upon his carrier. However, if he's not satisfied with the services of the company, he'd be able to file a legal suit against his carrier. _________________ Register Now to have your Insurance queries solved. |
|
anonymous00
Guest
|
|
Posted: Tue Jan 20, 2009 9:16 am Post subject: |
|
|
| The bad faith claim occurs when the insurance company deals wrongfully with a claim, or lengthen the claim process unnecessarily. The insured may report such issues to the state insurance department. |
|
jeorge
Senior member
Joined: 07 Oct 2005
Posts: 808
132.58 Dollars($)
|
|