After you’re injured in an accident, you will most likely go through an insurance company to seek compensation for your injuries. It may be your own insurance company or the insurance company of the person who was at fault. In any case, it’s important to remember that they will probably attempt to find any way they can to avoid paying you what you deserve.
In Mississippi, insurance companies are legally obligated to uphold their contracts (in other words, they must act in good faith). However, there are many elements of bad faith insurance that are far too common, and it is innocent and injured individuals that suffer the most.
Common Bad Faith Insurance Tactics
When you purchase insurance, you trust that the company will uphold their end of the bargain in the unfortunate event that you are injured in an accident. However, there are many tactics they use to deny people the compensation they deserve.
Delaying an investigation. The insurance company may drag out the process of investigating your personal injury claim without a valid reason. This is usually done to scare the policyholder into thinking that they won’t win compensation or that they should take the first settlement offer from the company.
Misrepresenting the language in your contract. The amount of compensation the insurance company is obligated to pay you will depend on the contract you have with them. The insurance company may interpret the language in a way that will dissolve their obligation to pay you or scare you from putting in an accident claim at all.
Failing to provide proper compensation. Just because the company offers you a settlement does not automatically mean they are acting in good faith. They will typically lowball the settlement and offer you the least amount that they believe you will settle for. This is one of the reasons why having a personal injury attorney by your side is key to obtaining full and fair compensation.
Contact Richard Schwartz & Associates
For over 30 years, our firm has been providing injured individuals in Mississippi the legal advocacy they need to obtain compensation for their injuries. With a track record of success, our personal injury attorneys are not afraid to fight for your rights. Let us deal with the insurance companies so you can focus on your recovery.
When it comes to your rights to fair and full compensation, do not wait to take action. Contact our firm at (601) 869-0696 for a free case evaluation.