Insurance coverage is not free. You pay premiums in order to insure your automobile, home, business and health. Unfortunately, insurance carriers make their profits by collecting premiums, not by paying claims. Insurance carriers profit when they avoid paying claims, delay paying claims or when they settle a claim for less than its true value. The insurance industry is one of the largest industries in our country with a large and powerful lobby and thousands of lawyers representing their interests.
In South Carolina, your insurance carrier owes you a duty of good faith and fair dealing in processing and adjusting insurance claims made by you or made by others against you. If an insurance carrier fails or refuses to properly and timely evaluate, adjust or pay your claim or a claim made against you, you have legal recourse to recoup the damages you suffer as a result of the insurance carrier’s bad faith and breach of contract.
Our attorneys have successfully handled bad faith, breach of contract and declaratory judgment actions against insurance carriers for failure to provide insurance coverage, failure to protect insureds against claims made by others, failure to pay health care benefits, failure to pay fire claims, failure to timely adjust claims, failure to pay retirement and disability benefits, and failure to provide underinsured motorist coverage.