Insurance Bad Faith Attorney in Louisville, KY

Why Do You Need an Attorney for Insurance Bad Faith?

Insurance policies are designed to provide financial protection during challenging times. However, when insurance companies act in bad faith—such as unreasonably delaying payments, denying valid claims, or failing to conduct thorough investigations—they undermine this protection. An experienced attorney can help you hold these companies accountable, ensuring you receive the benefits you’re entitled to and safeguarding your financial well-being.

Examples of Insurance Bad Faith Cases We Handle

Unreasonable Delay in Payment:

Situations where insurers unnecessarily postpone claim payments.

Unreasonable Denial of Benefits:

Cases involving unjustified refusals to honor valid claims.

Failure to Promptly and Thoroughly Investigate a Claim:

Instances where insurers neglect proper claim investigations.

Refusing to Settle a Claim:

Scenarios where insurers decline reasonable settlement offers without valid reasons.

Homeowners Insurance:

Disputes over coverage for property damage, theft, or liability claims.

Life Insurance:

Denials of death benefits or disputes over policy terms.

Frequently asked questions

What is considered insurance bad faith in Kentucky?

Insurance bad faith occurs when an insurer unreasonably denies or delays payment of a valid claim, fails to investigate a claim properly, or otherwise violates its duty to act in good faith toward the policyholder.

Who can be held liable for insurance bad faith?

Insurance companies and their representatives can be held liable if they engage in bad faith practices that harm its insureds/policyholders.

How long do you have to file an insurance bad faith claim in Kentucky?

The statute of limitations for filing an insurance bad faith claim in Kentucky is typically one year from the date the alleged bad faith action occurred.

What happens if I miss the statute of limitations?

Missing the filing deadline may result in losing your right to pursue compensation. It’s crucial to consult an attorney promptly to ensure your claim is filed within the appropriate timeframe.

How much compensation can you get for an insurance bad faith claim?

Compensation can include the amount of the denied claim, additional damages for financial losses caused by the denial or delay, emotional distress, and, in some cases, punitive damages.

What should I do if I believe my insurer is acting in bad faith?

Document All Communications: Keep detailed records of all interactions with your insurer.
Review Your Policy: Understand your coverage and the insurer’s obligations.
Consult an Attorney: Seek legal advice to assess your situation and determine the best course of action.

Our Process for Handling Insurance Bad Faith Cases

Consultation

We offer a free consultation to discuss your case, understand your needs, and determine the best course of action.

Documentation

Our team gathers all necessary evidence, including accident reports, medical records, and witness statements, to build a strong case.

Advocate

We advocate tirelessly on your behalf, negotiating with insurance companies and opposing parties to seek a fair settlement. If necessary, we are prepared and will not hesitate to take your case to trial if necessary.

Results

Our goal is to secure maximum compensation for your injuries and losses, providing you with the resources needed for recovery.

REquest a Free Consultation

If you believe your insurance company is acting in bad faith, don’t wait to seek help. Contact Jared Smith of Kentucky Trial Lawyers today for a free consultation. Let us help you fight for the justice and compensation you deserve.