Insurance Law & Coverage Disputes
Seasoned Los Angeles Bad Faith Insurance Attorney
There are few among us who do not have some sort of insurance policy, whether
it is renters insurance, homeowners insurance,
life insurance, auto insurance, or
health insurance. In some cases, insurance coverage is even mandated by law. What happens
when a dispute arises between a customer and an insurance provider? Strong
legal advocacy and protection of your interests are available from a practiced
attorney. You do not have to be afraid of your claim being wrongfully
denied by an insurance company who is violating contractually obligated
coverage for you and your family.
Until 1944, consumers had no protection from insurance disputes through
governmental protection or statutes. The McCarran-Ferguson Act, enacted
by the U.S. Congress, provides for federal regulation of interstate insurance
transactions, and as upheld by the Supreme Court. Unregulated state insurance
issues are covered by the protection of the Sherman Act, Clayton Act,
and the Federal Trade Commission Act.
The main goal of insurance is to share an individual's risks with a
large pool of people. Premiums are paid into this pool and when losses
occur, claims are paid out. While insurers are the guardians of these
pools, they are ultimately in the business of profit, not of consumer
protection. In the instance of a legitimate claim, an insurer must be
held liable for the contract they have entered into with a customer. Let
Los Angeles bad faith insurance lawyer from our firm fight to protect your rights if your claim has been denied.
Los Angeles Bad Faith Insurance Denials
Often times insurance providers will unfairly deny, delay or underpay their
clients. In some instances, they may rush the insured individual into
settling a claim without proper investigation first, resulting in receiving
significantly less money than they should. Loopholes like these are used
by insurers to save money, since they do not make any profit when they
have to pay out claims.
This is considered “bad faith” on the part of the insurer. After years of paying the proper premiums as a faithful customer, you
deserve the right to receive the money promised to you. Insurance companies
may lie about forms, deadlines and other paperwork to make it seem as
if you were never covered to begin with or that you did not file certain
documents on time. Not only does this cost you unnecessary amounts of
time and money, it is illegal. If you believe that your rights are being
taken advantage of in any way, you should seek immediate legal recourse.
Seeking necessary restitution? Call our Los Angeles insurance bad faith lawyer!
It is grossly unfair for someone who has already entered a hard time to
be inconvenienced and harmed even further by an insurance dispute.
The Mirkhan Law Firm can assist you in seeking the payout or settlement you deserve. Our team
is experienced in handling matters of negotiation and litigation. We will
pursue all necessary avenues towards getting insurance companies to honor
a valid claim. We understand that timing is everything in legal cases
and we will work tirelessly to help you achieve your desired results.
Call our Los Angeles insurance firm now!