What is a First Party Bad Faith Insurance Claim?

You may be a victim of a first-party bad faith insurance claim if you had an insurance claim that should have been paid to you, but was not. There are a few different types of first-party bad faith insurance claims.

What Are the Types of First Party Bad Faith Insurance Disputes?

There are three common types of first-party bad faith insurance disputes.

Improper or Inadequate Claim Investigation

If you filed a claim and then your insurance company failed to investigate properly, you probably have a case for a bad faith insurance claim. Conversely, if an insurance company conducts a very intrusive investigation, you could also file for a bad faith insurance claim.

Unreasonable Denial of Your Claim

If the insurance company acts in an unreasonable manner when denying your claim, you could have a case.

Unnecessary Delay in Payment

If an insurer waits an unnecessarily long amount of time to pay your claim, it probably constitutes bad faith. For instance, if your insurance company completed their investigation over six months ago and has yet to pay you, or pays you after an obscene amount of time, they could be acting in bad faith. Contact Marrs Griebel Law for a free consultation if you believe you have a first-party bad faith insurance claim.

What Do I Do if I Believe an Insurance Company Has Acted in Bad Faith?

If you believe that an insurer has acted in bad faith, call Marrs Griebel Law right away at (505) 433-3926! Should you find yourself faced with difficulty in dealing with an insurance carrier, you believe that there may be a claim for insurance bad faith, do not hesitate to contact our office for a free consultation in Albuquerque.