Do you have an insurance-based claim?
Insurance companies market their services based on the premise that if
you purchase their insurance, they will be there to help you in the event
of an emergency. And when you pay your premiums in good faith, you rightfully
expect to be compensated fairly and quickly when catastrophe strikes.
The reality, however, is that some insurance companies seek to protect
their bottom lines by financially exploiting customers in the billing
process and limiting or denying claim payments based on questionable loopholes.
Our Philadelphia consumer class action attorneys at Golomb & Honik,
P.C. have helped policyholders from Pennsylvania, New Jersey, and across
the nation hold insurance companies accountable for unfair practices and
recover financial compensation.
Types of Insurance-Based Lawsuits
Whether tacking frivolous fees onto your premium or denying a claim based
on dubious reasoning, insurance companies often employ the same methods
to generate revenue from or minimize payouts to multiple customers. When
an insurance company treats numerous consumers unfairly, a class action
lawsuit may be the best option for holding the insurance provider responsible
and recovering compensation for victims.
Class action lawsuits against insurance agencies commonly focus on:
- Bad faith
- Failure to provide coverage
- Unfair insurance charges
- Illusory coverages
- Breach of insurance contract
- Improper offsets and claims practices
Our team of attorneys has extensive knowledge of insurance law, and our
firm has recovered millions of dollars in
verdicts and settlements from some of the country's largest insurance agencies.
Insurance Bad Faith
If your insurance provider has unnecessarily delayed your claim or denied
what you believe is a legitimate claim based on your policy, the company
may be in violation of its contractual obligations to you and considered
to be acting in bad faith.
Examples of insurance bad faith include:
- Denial of a claim without sufficient explanation
- Excessive delay of a claim judgment or payment
- Failure to provide an adequate claim settlement offer
- Failure to thoroughly investigate a claim
If your insurance company has used these tactics to prevent you from receiving
the compensation you deserve, it is likely that the insurance provider
has done the same to other customers, and it is advisable to consult with
an experienced consumer class action attorney to evaluate your situation
and, if necessary, further investigate your claim.
Failure to Provide Coverage
Insurance companies often interpret their own policies in order to minimize
payments for legitimate claims and seek out loopholes to deny otherwise
rightful claims. This may include denying liability on ambiguous grounds
or loosely construing exclusions.
Devious insurance agency procedures can contribute to systematic underpayments,
increasing insurance company profits while leaving consumers without an
adequate safety net.
Unfair Insurance Charges
Some insurance rate increases are clearly explained and justified, but
insurance companies occasionally raise premiums unfairly or tack on fees
with the expectation that customers will pay them without question.
A number of consumer class action lawsuits against insurance providers
have targeted unjust rate hikes, baseless fees and discriminatory billing
If you think your insurance company wrongfully denied or limited a legitimate
contact our Philadelphia consumer class action lawyers for a free case evaluation. We proudly represent clients from Pennsylvania,
New Jersey and across the United States.