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Insurance companies are in business to make money. They are also under a contractual obligation to compensate you for losses covered by your insurance policy. The conflict between the profit motive and the contractual obligation sometimes leads to problems.
Because of their special relationship with their policyholders, insurance companies may be deemed to be fiduciaries or at least held to a higher standard when handling insurance claims. Because of this special relationship, If an insurance company wrongly denies or delays paying your claim and the claim is covered by their policy, you may have a separate claim against the insurance company for a bad faith breach of their obligations under their insurance policy.
The New Mexico insurance claim attorneys at Will Ferguson & Associates have extensive experience dealing with insurance companies and successfully recovering money due under insurance policies. Our attorneys have also successfully recovered additional damages against insurance companies for bad faith breach of contract. If you or a loved one has had a claim denied by your insurance company - regardless of whether your claim is under an auto insurance policy, a life insurance policy, a disability insurance policy, a homeowners insurance policy, or any other insurance policy, call or e-mail us today to speak with an experienced bad faith and insurance claim attorney in our Albuquerque, New Mexico office. |