Insurance companies have a duty to their insured to act in good faith. If you are asking for your own insurance company (the first party insurance company) to pay your bills, your own insurance has to act in good faith. If you are asking the insurance company for the responsible party to pay your bills and pain and suffering, that insurance company (the third party insurance company) also has to act in good faith toward their policy holder.
What is good faith? Good faith does depend, in part on the terms and coverage in the insurance contract and whether it’s a first party or third party claim. Some factors are:
Case law and state law determine the amount of damages you can get from a bad faith insurance company. Damages can include:
Anyone who has been in a car accident, in North Carolina or Virginia, who believes they might be the victim of bad faith actions on the part of an insurance company needs legal help. Contact us or call us toll free at 888-694-1671 for more information on how to proceed, and whether you might have a significant recovery coming your way.