Texas insurance bad faith laws protect against wrongful denials

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<h1>Texas insurance bad faith laws protect against wrongful denials</h1><strong> Author: <a href='http://www.articleseen.com/profile_Michael Smith.aspx'>Michael Smith</a></strong><br /><p>Persons who buy insurance expect to get the money they claim as a result fire, personal injury, storm damage, or other events that damage their property. And when insurance companies are unwilling to pay adequate compensation for policy holders, they may need an Insurance Claim Attorney to fight on their behalf. The wrongful denial of insurance claims is common for two main reasons. First, insurers save money if they can do not have to pay a claim. Second, denying a claim is not all that risky. Insurers believe that most persons whose claims are denied will not utilize the expertise of an insurance claim attorney. If they do contact an attorney, the insurer can quickly pay the claim, usually with little or no punishment for having tried to save money. But insured persons should expect timeliness and a fair settlement after filing an insurance claim. Texas insurance bad faith laws protect the rights of insured persons to have such expectations met. In the event that an insurance company fails to fulfill its obligations, unsatisfied insurance customers can sue them for breach of the contract or the other duties the insurance company owes. Texas and Louisiana state legislatures have also enacted provisions that aim to protect the insured from untimely payments and other bad faith insurance practices. Separate statutory sections give extra remedies, including an 18% penalty for late payment of claims. The provisions provided by the Texas legislature can also include an award of attorney fees. One need not give in to the utter distress, frustration, and disappointment of an insurance company not holding up its end of the contract. In pursuing a Texas insurance bad faith claim one can use the expertise of engineers, meteorologists and other experts to prove that the damages you've claimed for are genuine. It is can be useful to get qualified experts to investigate claims and answer key questions about fire, wind, or other damage. You enjoy a special relationship with your insurance company: it owes you a duty of good faith and fair dealing; you should not have to deal with Texas insurance bad faith litigation. However, if the actions of the insurance company force you into litigation it is important to know there are laws that have been enacted in Texas, Louisiana, and other states to protect insurance policy holders from misrepresentations, unfair claims handling, and wrongful denial of benefits. </p><strong>About the Author:</strong><br />Finding the proper <a rel="nofollow" href="http://www.brasherattorney.com">Pasadena Personal Injury Lawyer</a> for your needs is something that you simply must do. Make sure thta you take your time in finding the one for you.<p> Article Source: <a href='http://www.articleseen.com/Article_Texas-insurance-bad-faith-laws-protect-against-wrongful-denials_143590.aspx'> http://www.articleseen.com/Article_Texas insurance bad faith laws protect against wrongful denials_143590.aspx</a></p>

Article Source : http://www.articleseen.com/Article_Texas insurance bad faith laws protect against wrongful denials_143590.aspx

Keywords : pasadena personal injury attorney, pasadena personal injury lawyer, texas insurance bad faith, texas property damage attorney,

Category : Reference and Education : Legal