Duties of an Insurer – What Your Insurance Company Owes You as the Policy Holder
What are the duties of an insurer? What does you insurance company owe you, the policy holder? When you sign up for an insurance policy such as an automobile policy, your insurer’s duties are outlined within that policy. Furthermore, your insurer has obligations that come from your state’s laws and statutory laws. Basically, as a…
Most Common Insurance Bad Faith Practices – and What You Can Do about It
What are the most common insurance bad faith practices? Insurance companies have the right to deny an insurance claim when they have valid reasons for doing so. When they deny claims without any reasonable basis, refuse to investigate a complaint, or use tactics to unnecessarily delay a claim, they may be acting in bad faith….
Understanding IFCA and Bad Faith Claims
What are the keys to understanding IFCA and bad faith claims? If your insurance company denies a claim for benefits, and you are legally entitled to those benefits, then you may have the opportunity to file a Bad Faith Claim against the insurance company. Understanding the IFCA The Insurance Fair Conduct Act (IFCA) is legislation…
Important Things to Know About Bad Faith Insurance Claims
What are important things to know about bad faith insurance claims? An insurer promises to be there for a consumer in his or her time of need. That is, after all, why a person purchases insurance. Unfortunately, not all insurers are there as much as they claim, and some will abandon their customers the moment…
Things to Know About IFCA
There are things to know about IFCA. If you have never heard about IFCA, then you may be confused to find that it plays a critical role in your insurance claims. Washington’s Insurance Fair Conduct Act (IFCA) creates strict rules of conduct for insurers, but also those who deal with insurance companies operating in the…