Under bad faith law, insurance companies are required to adjust a claim within a reasonable period of time. Insurers must also fully cooperate with claimants. This includes providing prompt responses to policyholder’s inquiries. Furthermore, Florida’s bad faith law requires insurers to, among other things, disclose to policyholders the reasons why they are denying requested benefits and cite specific policy provisions in support of their position.
Violations giving rise to bad faith lawsuits include the following:
Yes. The insurer has the right to seek a sworn statement from you. You will need to participate in the examination and answer questions truthfully. However, we strongly suggest you to contact Salas Law Firm at (954) 315-155 for a complimentary consultation. If we take your case, we may attend the examination with you.
You should contact your insurance carrier and submit a claim as soon as possible.
If you do not get a timely response, please call Salas Law Firm at 954-315-1155.
We understand that many of our clients do not have ability to pay attorney’s fees. Salas Law Firm offers you a complimentary consultation. In most instances, if we agree to take your case, Salas Law Firm will work on a contingency fee basis. This means that if there is no recovery on your claim, you do not pay fees for our services or costs advanced by our office. Furthermore, under certain circumstances your insurance company will become responsible for paying your attorney’s fees and costs. Since not all insurance claim cases are alike, please contact our office at (954) 315-1155 to discuss your case in more detail.
Most policies provide that you will initially be paid that is known as actual cash value, or the estimated cost for the item after deducting depreciation. Once you actually replace the item, you can then submit the receipt to the insurance company and they will then pay you the difference between what you were initially paid and what it cost to replace the item. If you are having an RCV/ACV issue with your insurer please call us at (954) 315.1155, we may be able to help.