Every insurance company has a duty to deal fairly with their insured and to give as much consideration to the interest of the insured as it gives to the insurance company’s own interest. The insurance company is required to help the insured with their claim.
Whether an insurance company’s actions arise to the level of bad faith is a case-by-case consideration. When the insurance company is not treating the insured fairly, it may reach the level of bad faith.
It is bad faith when the insurance company keeps asking for the same information over and over again, when they delay investigating the claim, etc. If you feel you are not being treated fairly by your insurance company, you should talk to a qualified insurance attorney.
Q: Why is it important to have an experienced insurance attorney when you think you have been a victim of insurance bad faith?
The Nevada insurance laws and regulations are complex and a highly qualified insurance attorney will understand how insurance companies are supposed to handle a claim. You also need an attorney who is well versed in insurance policy exclusions, who knows whether the exclusions are being properly cited.
It can be helpful to have someone who has a master’s degree in insurance law, or someone who has been working in the insurance industry for decades and has a vast scope of knowledge from years of experience. You’ll hit the ground running from the start, where there is no steep learning curve for your attorney.