Insurance Bad Faith: Explained

What is Insurance Bad Faith? When you buy insurance, you do it for the protection and security of yourself, your family, and your property. You buy an insurance contract, which is the insurance company’s promise to you to follow through on this guarantee of protection and security. Unfortunately, insurance companies do not always keep their promises. Insurance companies have a duty under Washington law to act in good faith and to deal fairly with you. This is called an “implied covenant of good faith,” and it is part of every insurance contract. If an insurance company offers an amount on a claim that is unreasonably low, or if an insurance company wrongfully denies a claim, the company may be acting in bad faith and may be breaking the law. Examples of bad faith include: denying a claim without a reasonable basis, failing to conduct a reasonable investigation, misrepresenting your rights under the policy, unreasonably delaying in making payments, and failing to defend you against a claim or failing to settle a claim against you.

GLP Attorneys Insurance Bad Faith Team: Attorneys (L to R) Jeff Comstock, Natida Sribhibhadh, Janelle Carney, Jim Gooding, Scott Shawver, Alex French, and Scott Lundberg.

Contact our law firm if you or someone you know needs legal advice regarding a potential insurance bad faith claim: https://glpattorneys.com/practice-areas/insurance-bad-faith/

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