What is Insurance Bad Faith In Georgia?

What is Insurance Bad Faith?

Under GA Code § 33-4-6 if an insurance company refuses to pay a claim within 60 days after a demand has been made by the holder of the policy and our firm can later prove such refusal was in bad faith, the insurer shall be liable to pay the policy holder,

- The total loss,
- Up to An extra 50 percent of the loss and
- All reasonable attorney’s fees for the prosecution of the action against the insurer.

Signs of Unfair Treatment by a GEORGIA Insurance Company

Delaying or denying legitimate claims without a reasonable basis.
Failing to investigate or evaluate claims properly.
Making unreasonable demands for documentation or information.
Failing to provide clear explanations for claim denials or delays.
Prioritizing profits over policyholders’ interests.

Insurance Company’s Legal Duty to Policyholders

Insurance companies must act in good faith and deal fairly with policyholders.
They must provide clear and timely communication about claims and coverage.
Insurance companies must make reasonable efforts to settle claims and provide coverage.
They must not unreasonably delay or deny claims.

Types of Insurance Claims Affected by Bad Faith

First-party claims (directly against the policyholder’s insurance company).
Third-party claims (against another party’s insurance company).
Life insurance claims

Holding GEORGIA Insurance Companies Accountable for Insurance Company Acts

- Policyholders can file a lawsuit against the insurance company for bad faith.
- A successful bad faith insurance claim can provide compensation for denied benefits and additional losses.
- Insurance companies can be held liable for damages and other legal remedies.
- Policyholders can seek relief through a bad faith insurance lawsuit.

Finding the Right GEORGIA Insurance Attorneys

Look for attorneys with experience in insurance bad faith claims.

Choose attorneys who are knowledgeable about insurance laws and regulations.
Consider attorneys who have a proven track record of success in holding insurance companies accountable.
Find attorneys who will provide personalized attention and aggressive representation.
Consult with attorneys who offer free consultations and contingency fee arrangements.

FOR A FREE CONSULTATION CONTACT US AT:

By Appointment Only

DISCLAIMER: The hiring of a lawyer is an important decision that should not be based solely upon advertisements. Before you decide, ask the lawyer to send you free written information about their qualifications and experience. This website has been prepared for informational purposes only and not as legal advice. Neither the transmission, nor your receipt of information from this website creates an attorney-client relationship, which can only be formed in writing between you and the attorney you choose to represent you.