Unfortunately, accidents, disasters, and other bad things happen. When these events and situations occur, Americans rely on their insurance providers to provide them the benefits they agreed to provide under their insurance policies. Sometimes, however, insurance companies deny claims or coverage to their policyholders or claimants, even if they do not have the grounds to do so.
In other situations, your insurance company may have sold a policy to you without disclosing all the details or may have cancelled your policy without giving you proper notice.
If your insurance company denies your claim or coverage, you may feel helpless. While these situations are often challenging, our legal team at Drake & Collopy, P.C., is available to help with your situation. We have experience with most of the major insurance companies and can help ensure you receive the benefits you are entitled to under your policy.
You Have the Right to Act Against Insurers
It is important to remember that insurance companies are for-profit companies. They make money by denying their policyholders’ claims. However, there is no reason to feel intimidated by big insurance companies. There are laws in place that these companies are required to follow, and individual policyholders have rights. The insurance lawyers at Drake & Collopy, P.C. are on your side and ready to fight for your rights. Our legal team will do everything we can to ensure that insurance companies live up to their responsibilities.
If you believe you are entitled to money from your insurance company for any reason, and the insurance company denies your claim, contact us to discuss your options.
At Drake & Collopy, P.C., we can help with different types of insurance claims and policies, including auto insurance, homeowners’ or renters’ insurance, health insurance, and other types of insurance.
Bad Faith Insurance Lawsuits
Illinois law requires that insurance companies provide their policyholders and claimants with fair dealings and that they act in good faith. The duties of an insurance company are commonly called the “implied covenant of good faith and fair dealing.”
If your insurance company acted in bad faith by denying your claim or failing to pay on a timely basis, you have the legal right to sue the insurer. If you can show that the insurance company engaged in bad faith, you may be entitled to recover damages in excess of the policy limit as well as interest, punitive damages, court costs, and attorney fees.
Fighting the Big Insurance Companies
The insurance industry in the United States is large. Insurance companies have a lot of resources to help them deny claims. With their large legal teams and significant financial backing, they often believe they can deceive or bully policyholders and claimants. However, you have rights. If an insurance carrier did not act in good faith or otherwise failed to live up to their obligations under the policy, our legal team is here to fight for you.
Contact Our Office Today
It is common to feel intimidated when fighting a large insurance company. However, you should not let this stop you from pursuing legal recourse. If your insurance claim or coverage has been denied, and you believe you have a legitimate right to be compensated, contact our legal team. We will investigate the facts of your situation and aggressively advocate for your rights to ensure the insurance company lives up to its obligations.