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October 2018 Archives

Bad-faith insurance tactics hurt your right to a claim

Bad-faith tactics are tactics used by insurance companies to try to get out of paying or holding up their end of a contract. A company is required to investigate, negotiate and then settle your claim when you make one. It is required to do this in good faith. When the insurance company violates its duty to you, it's known as taking bad-faith actions.

Bad-faith insurance and Connecticut's definition of bad faith

When you take out an insurance policy, it is with the understanding that the policy will pay out if certain circumstances are met. When an insurance company breaches its duty to its consumers intentionally or in bad faith, it is possible for the insurance policyholder to seek compensation through the courts.

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