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November 2018 Archives

What is an unreasonable delay for paying an insurance claim?

If an insurer does not want to pay out for a claim, one of the tactics the company may use is creating an unreasonable delay. When experiencing an unreasonable delay, a person may actually give up on the claim since they're dealing with so many other problems in their personal life.

Bad-faith insurance claims help you get compensated

Imagine that you purchase a car insurance policy that says it will pay out $10,000 for injuries in a crash. To you, it meant that it was $10,000 per person. However, after you crashed with a passenger in tow, you discovered that the $10,000 was the total for everyone in the crash, not just you or your passenger separately.

Geico faces bad-faith failure to settle a case lawsuit and loses

You are probably familiar with the insurance company giant, Geico. Geico provides car insurance, home insurance and many other kinds. It has recently been held liable for bad-faith actions, though, as it refused to settle a claim for a fair amount.

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