| The purpose of paying insurance premiums is to financially help you and your family after a tragic accident or event. You seek insurance to protect your livelihood, future, and your family's security. By paying premiums, you trust your insurance company to treat you fairly should tragedy strike. When an insurance company breaks your trust, this is known as bad faith and does not provide you with the coverages you have paid monthly premiums for.
Insurance companies are in business to make money. Accordingly, claims adjusters are often trained to minimize the money an insurance company is entitled to pay their insureds. To accomplish this goal, insurance companies sometime refuse to pay claims in total, use outrageous delay tactics to pay a claim, subject you to unreasonable measures in the processing of your claim, and intentionally attempt to underpay and undervalue your claim. |