Alabama Insurance Bad Faith Attorneys
Insurance Bad Faith & Fraud
Insurance fraud occurs when an individual or insurance company engages in intentional deception for the purpose of financial gain. When insurance companies and agents wrongfully underpay claims, deny benefits, or delay payments, it is known as “insurance bad faith.”
If you believe that your insurance company has acted fraudulently or in bad faith, you have the right to take legal action. At Morris Haynes Attorneys at Law, our Alabama insurance bad faith attorneys have more than 30 years of experience and a proven track record of success in representing the rights of policyholders throughout the state. We can help you understand your legal rights and fight for the fair benefits you are owed.
What Is Insurance Fraud?
The term “insurance fraud” is used to refer to any deceptive or misleading practices taken by an insurance company, insurance agent, or policyholder for the purpose of financial gain. When insurance companies engage in fraudulent practices, it is usually with the goal of limiting payouts to policyholders. Individuals who try to deceive insurance companies often do so with the intent of obtaining benefits or compensation for which they are not eligible.
Some examples of insurance fraud include:
- Submitting false claims
- Misrepresenting facts on insurance applications
- Providing false information
- Exaggerating property damage or injury costs
- Buying, selling, using, or underwriting insurance
- Intentionally destroying property or staging accidents
- Failure to send policyholder payments to the insurance company (premium diversion)
- Selling insurance without a license
- Failing to pay claims despite collecting premiums
- Collecting premiums on fake insurance policies
To be considered fraud, such acts must be intentional. If you believe that you may be the victim of insurance fraud, contact our Alabama insurance fraud attorneys at Morris Haynes Attorneys at Law right away. We can review your case and determine the best course of action based on your unique situation.
What Is Insurance Bad Faith?
Insurance bad faith is similar to insurance fraud in that it involves deceptive and/or wrongful practices by insurance companies that end up harming policyholders. Any time an insurance company fails to uphold its duties and responsibilities according to a specific insurance policy, it is acting in “bad faith.”
Some examples of insurance bad faith include:
- Wrongfully denying claims
- Denying claims without providing a reason
- Underpaying claims
- Failing to properly investigate claims in a timely manner
- Delaying payments
- Refusing to pay a valid claim
- Failing to properly communicate with the policyholder
- Altering an insurance policy after a claim is filed
- Making threatening statements to a policyholder or claimant
- Increasing premiums after a claim is filed
- Making unreasonable demands for documents or paperwork
If you have filed an insurance claim, and you believe your insurance company is acting in bad faith, turn to the team at Morris Haynes Attorneys at Law. Our Alabama insurance bad faith attorneys can immediately begin working with the insurance company on your behalf. We are committed to securing every penny our clients are owed, and we have what it takes to fight for you.
What to Do If Your Insurance Company Has Acted Fraudulently or in Bad Faith
Dealing with an insurance company after an accident or natural disaster is stressful enough; if your insurance company is acting in bad faith, you can easily find yourself overwhelmed. The same is true if your insurance provider has engaged in deceptive practices. As a policyholder, it is important that you remember that you have rights. At Morris Haynes Attorneys at Law, we are here to protect those rights.
The best thing you can do if you believe your insurance company is acting fraudulently or in bad faith is to contact an experienced attorney who can step in and advocate for you. Our Alabama insurance fraud and bad faith attorneys have decades of experience and have recovered more than $1 billion dollars for our clients, including many million- and multimillion-dollar results. We handle all types of insurance fraud and insurance bad faith claims, including cases involving auto insurance, homeowners’ insurance, health insurance, and more.
We can discuss your legal rights and options during a free, no-obligation consultation. Because we offer contingency fees, you do not owe any legal fees unless we recover compensation for you. Get in touch with us today to learn more.
Can an insurance company or adjuster commit insurance fraud?
Yes, although most cases of insurance fraud involve consumers attempting to fraudulently obtain insurance benefits, it is possible for insurance companies and adjusters to commit insurance fraud. Examples include falsified insurance policies, selling low policies, and insurance adjusters failing to send premium payments to insurance companies.
How long does my insurance company have to investigate my claim?
While there is no set period of time by which insurance companies must complete claim investigations, they are generally required to investigate all claims within a “reasonable” timeframe. Insurance companies that intentionally delay investigations are acting in bad faith and can be held accountable. If you believe your insurance company is delaying your claim, call Morris Haynes Attorneys at Law.
Can I sue my insurance company?
Yes, you can sue your insurance company if they have acted in bad faith or have committed intentional acts of fraud. We strongly recommend that you work with an experienced attorney, like those at Morris Haynes Attorneys at Law, as the insurance company is likely to fight back against your bad faith or fraud claim. Contact our firm today to learn how we can help.