Is your insurance company telling you that you don’t have the coverage you thought you paid for? Are they refusing to pay your insurance claim? Maybe they are trying to underpay, knowing that they may be able to get you to accept less than you are entitled to. Does your insurance policy seem to mean something different now than it did when you originally signed the contract? Did you talk to your agent, read your policy, and faithfully make payments, yet now don’t seem to have the coverage you thought you had? You are not alone.
Our experienced, compassionate Texas personal injury lawyers take on the insurance companies and fight to have your claim paid in full. Contact the Villarreal & Begum Law Firm today for a free consultation.
Insurance companies have a duty to act in good faith and settle claims in a timely manner. Insurance bad faith refers to an insurer’s attempt to go back on or renounce their obligations to their clients, either by denying a policyholder’s valid claim or failing to investigate a claim within a reasonable amount of time.
Insurance companies are well-practiced at making clients accept less than they deserve or give up altogether. They stay in a very profitable business by taking in as much in premiums as possible, with every intention of avoiding full payment of claims. Insurance policies are written so that they will be very difficult for the average layperson to fully understand. Stalling, denying claims, and using confusing language are common tactics insurance companies use to manage their bottom line.
Unfortunately, bad faith (including wrongful denial, underpayment, and unreasonable delay) is quite common in the insurance world. Insurance companies have specialists who calculate the cost of getting sued versus the savings made if enough people will go away or accept a low settlement. Many have found their bottom line methods of denying claims to be worth the risk of a lawsuit.
The Texas Insurance Code governs insurance practices and offers the possibility of compensatory damages. In some cases, additional punitive damages may be awarded. You need a San Antonio insurance bad faith attorney to read your policy and assist you in getting the compensation you are owed.
No doubt, when you purchased your policy, you believed that your insurance company would be there in your time of need. You were wrong. Insurance companies are large corporations that will not hesitate to utilize the enormous resources available to them to defeat you and protect their bottom line. This is bad faith, and with the help of a seasoned insurance bad faith attorney, you can fight them and win.
Villarreal & Begum is a Texas law firm that is ready to fight the insurance companies for you. We will be your advocate throughout the process. The insurance companies have multiple attorneys that will begin immediately working against your rights. Let us work for you to protect them. We love what we do and want to help.
If you have been injured and are being denied coverage in Bexar County, you may be the victim of insurance bad faith. If your home has been damaged and you have been told the event that occurred is not covered, you may be the victim of insurance bad faith. If for any reason, you have mad a valid insurance claim under your policy and the insurance company is refusing to pay, you may the victim of insurance bad faith. Call the Villarreal & Begum Law Firm today for your free consultation and evaluation of your claim.