Clearwater Bad Faith Insurance Lawyer

Can the Insurance Company Ever Deny My Claim?

Insurance companies aren’t required to blindly pay every claim made under the policy. Some bad faith claim denials are entirely valid.

For example, the insurance company may have a valid good faith reason to deny your claim if:

• The risk involved is not covered under the policy
• The insurance policyholder failed to pay premiums on time
• The person involved is not insured under the policy
• You failed to provide adequate information about your claim
• You failed to file the claim within a reasonable amount of time
• There is some type of dispute about who is responsible for paying your compensation

Insurance practices can be complicated. If you would like to have an experienced local bad faith insurance attorney review your case, call our law firm for a free case review today.

What Is My Clearwater Bad Faith Insurance Claim Worth?

Once you establish that you have a valid case, it’s important to understand how much money you deserve. Remember, you’ll be facing off against an insurance company that handles insurance claims every day.

Some of the factors that will be most important in calculating your case value include:

• The nature of the harm you’ve suffered because of the bad faith practices
• The nature of the insurance company’s actions 
• The time you’ve wasted trying to get the insurance company to settle your claim fairly
• Your pain, suffering, and damage to your mental health and wellbeing

Every case is different. However, you should understand that your case value may be much higher than the value of your original insurance claim.

We Handle All Types of Bad Faith Insurance Claims in Clearwater

At Perenich, Caulfield, Avril & Noyes Personal Injury Lawyers, we handle all types of bad faith insurance cases, including those against:

• Car insurance companies
• Health insurance companies
• Homeowners insurance companies
• Flood, wind, and hurricane insurance providers
• Fire insurance companies
• Life insurance companies
• Medical malpractice insurance carriers
• Property insurance companies
• Boat insurance companies
• Aviation insurance companies
• Commercial insurance carriers
• Disability insurance carriers
• Workers’ compensation insurance carriers

The legal issues can involve either first-party liability or third-party liability. In other words, you may be filing a lawsuit against your own insurance policy in a case involving first-party liability or a third party’s insurance company.

Do you have questions about your legal options? Call our experienced Clearwater bad faith insurance attorneys to learn more about this practice area today.

What Types of Damages Are Available to Victims of Bad Faith Insurance Practices?

The types of damages you may receive will depend on the circumstances of your case. If the insurance company violated the law and you suffered harm, you may be entitled to compensation above and beyond what your insurance policy would have covered.

Like any car accident victim, you may be entitled to seek compensation for economic damages and non-economic damages.

Economic Damages

Economic damages are your financial costs. The types of costs you incur will depend on the situation.

Examples of economic damages that may be available include:

The original amount of your claim

• The cost of making additional property repairs caused by a delayed property damage claim
• The cost of additional medical procedures caused by an unfairly denied health insurance claim
• Interest on amounts you borrowed to cover the cost of the original claim
• Lost wages
• Attorneys’ fees and costs

These costs can add up quickly. The longer the insurance company makes you wait, the greater the damage can become. 

Non-Economic Damages

Bad faith insurance practice can cause stress, inconvenience, and damage to your mental health. You’re also entitled to seek compensation for these non-economic damages.

Examples of your non-economic damages may include:

• Pain and suffering
• Anxiety or depression
• Emotional distress
• Inconvenience 

You may also be entitled to seek punitive damages if there is evidence that the insurance company acted maliciously or with reckless disregard.

How Long Do I Have To File a Lawsuit if I Was a Victim of Bad Faith Insurance Practices Florida?

Under Florida insurance laws, the insurance company has time to fix its mistake before you’re entitled to sue for damages. Florida law provides a 60-day “cure” period. Once you notify the insurance company about the issue, they have 60 days to investigate and pay the fair value of your claim.

Once 60 days are up, you then have five years to file a bad faith insurance lawsuit.

Five years probably seems like a long time. In reality, you could have less time to act. Insurance policies often contain their own time limits. Those stricter deadlines may or may not apply in your case.

Our lawyers can help you find out. Just give us a call for a free consultation today.

Contact a Clearwater Bad Faith Insurance Lawyer for a Free Consultation

Our team at Perenich, Caulfield, Avril & Noyes Personal Injury Lawyers has the resources you need to pursue a complex claim against the insurance company. If you have questions about this area of law, contact a Clearwater bad faith insurance lawyer for a free consultation today.

Visit Our Personal Injury Law Office in Clearwater, FL

Perenich, Caulfield, Avril & Noyes Personal Injury Lawyers – Clearwater Office

1875 N Belcher Road, Suite 201,  
Clearwater, FL 33765

(727) 591-3354