Edmond Bad-Faith Insurance Lawyer

Edmond Bad-Faith Insurance Attorney

Thousands of people in Edmond and throughout Oklahoma rely on insurance coverage every day. Vehicle accidents are a leading cause of accidental injuries in the area, from crashes on historic US Route 66 to lower-speed collisions on smaller local roads, and auto insurance is meant to cover the resulting damages. However, you could experience difficulties with an insurance claim, and an Edmond bad-faith insurance lawyer is a crucial asset in this situation.

Experienced Legal Counsel for Bad-Faith Insurance in Edmond, OK

The attorneys at Fulmer Sill have extensive experience empowering injured people and handling insurance claims on behalf of injured clients in the Edmond area. An Edmond personal injury lawyer can be a valuable asset for navigating an insurance claim after an accident. Most insurance companies do everything they can to minimize claim payouts; some even go further by negotiating in bad faith, taking advantage of injured claimants in their hours of greatest need.

When you purchase insurance coverage, you are essentially paying for the insurer’s promise to provide coverage under specific conditions. An insurance company has the right to investigate a claim to make sure it is legitimate before paying out compensation, but they are required to handle all claims in good faith and honor the terms of their policies. When they fail to do so, they engage in bad faith.

Confronting an insurance carrier can be a daunting prospect, but you can feel more confident about your situation with the help of an experienced Edmond bad-faith insurance lawyer. Our firm can help you file your claim, and once an insurer sees that you have legal counsel, they will be more likely to handle your claim appropriately. We can also determine your legal options if an insurance claim has been unfairly denied or devalued.

Understanding Bad-Faith Insurance Cases in Edmond

One of the most common reasons people file insurance claims in Edmond is to seek compensation for automobile accidents. The National Safety Council reported that in 2023, there were more than 44,000 fatalities and more than five million medically consulted injuries from vehicle crashes nationwide, and auto insurance is usually one of the injured victim’s first available avenues of recovery after an accident.

When you file an auto insurance claim, you submit your proof of loss forms along with supporting evidence and documentation to the insurance company. The insurer then conducts a review and investigation of the claim before delivering its determination. Insurance companies have time limits for responding to claims for coverage, and failure to meet these deadlines could mean automatic approval of the claim under applicable state laws.

When an insurance company notices an issue with a claim, it may ask for additional information, but it is also possible for them to simply deny the claim, hoping the claimant will not know how to fight back. In some cases, an insurance company will attempt to use a claimant’s own words against them in their efforts to justify denying or devaluing the claim.

“Bad faith” is a specific term that refers to intentional misconduct on the part of the insurance company. An insurer loses money whenever it must pay out a claim, so it will generally attempt to avoid this whenever possible. Sometimes, an insurer engages in unethical tactics in its efforts to minimize claim payouts. Bad faith can happen in various ways, such as:

• Intentionally misrepresenting elements of the policy
• Offering a lowball settlement when the claimant is qualified to receive more
• Intentionally delaying responses to frustrate the client
• Refusing to answer requests for information about devalued or denied claims
• Denying claims without any investigation
• Using threatening tactics to coerce claimants to accept lowball settlements

It is important to hire a bad-faith insurance lawyer right away if you have encountered any such issues with your insurance claim. The team at Fulmer Sill can provide compassionate and results-driven legal support, and you can trust us to fight for you. Reach out to our firm right away to learn how we can assist with your case.

FAQs

Q: Why Should I Hire a Bad-Faith Insurance Lawyer?

A: You should hire a bad-faith insurance lawyer because insurance companies are adept at pushing back unfairly against claims for coverage, and experienced legal counsel helps to level the playing field. Your attorney can not only prove that you have been treated unfairly but also assist you with holding the insurance company accountable for any bad faith they have committed against you.

Q: How Much Can I Receive From an Insurance Claim?

A: The amount you can receive from an insurance claim will depend on the severity of your claimable damages and the coverage limits of the policy. For example, if you are filing a claim against another driver’s auto insurance policy after an accident, the most you could expect would be the coverage limits of the policy if your total damages exceed these amounts. Your attorney can examine the policy and help you maximize your settlement.

Q: Can I Sue an Insurance Company for Bad Faith in Edmond?

A: Yes, you can sue an insurance company for bad faith in Edmond. If the insurance company has failed to honor its responsibilities and/or handle your claim in good faith, an experienced Edmond bad-faith insurance lawyer can help you prepare a civil suit against the insurance company.

Q: How Much Compensation Can I Claim in a Bad-Faith Insurance Case?

A: The amount of compensation you can claim in a bad-faith insurance case will depend on several factors. If you hire a bad-faith insurance lawyer, they can help you secure compensation for the damages you sought in your initial claim, but the insurance company could also be liable for additional damages. It’s possible to recover compensation for economic and non-economic damages, and the insurance carrier may also be forced to pay punitive damages.

Dealing with insurance companies can be challenging, but with the right attorney representing you, you are more likely to be treated fairly and will be ready to address any bad faith you encounter. Fulmer Sill can provide compassionate legal counsel for this type of case, so contact us today and schedule a free consultation with an experienced Edmond bad-faith insurance lawyer to learn how we can help.