HOUSTON INSURANCE LAWYER
INSURANCE & CONTRACT CLAIMS
Insurance & Contract Claims Attorney in Houston, TX
In addition to our personal injury, defective medical devices and pharmaceutical injury practice, our Houston insurance lawyers at Reich & Binstock LLP represent local and national clients with injuries and property damage associated claims. We are committed to protecting the rights of those who have been injured by the system, including insurers. This is the primary goal of a compassionate and qualified insurance attorney.
When filing a claim with your insurance company, you, as a policyholder, deserve to be able to trust that your insurer will act in good faith, without trying to avoid paying you what you deserve. Those who find themselves in insurance disputes after filing an insurance claim may be eligible to take legal action with the help of an insurance attorney to resolve the issue and also secure a reasonable settlement.
We’ve been helping clients who have claims against insurers who may be acting in bad faith and unfairly denying claims for decades. We also represent clients against insurance companies in breach of contract claims, avoiding legal obligations, and other claims that may go along with associated health insurance, property damage claims, or other claims, not only in Houston, TX, but across the United States.
When you come in for your free consultation at our Houston, TX office, our insurance lawyers can help you determine if your insurer acted in bad faith, or assist in litigation you may need to initiate against a managed care organization. We’ll provide you with a highly experienced and knowledgeable insurance attorney for your case.
Houston Bad Faith Insurance Claims Lawyer
Investing in an insurance policy can serve a number of uses. These will vary depending on the type of policy you select and the reasons for which you require insurance coverage.
Typically, after getting into an accident-suffering property damage or loss at no fault of your own, insurance carriers are usually able to file an insurance claim with their provider in order to receive fair compensation. This is based on the coverage requirements, as well as other stipulations that will be detailed in the individual insurance policy.
Filing an insurance claim for damages due to an environmental catastrophe, property damage, or another accident for which you’ve been insured is both reasonable and common. Without insurance, these accidents can result in a significant financial burden, on top of mental and sometimes physical distress. However, securing the compensation you’re owed from big insurance companies isn’t always easy.
Sometimes, insurance companies act in bad faith. They undervalue, underpay, deny or even mismanage claims. In high-stress situations, this is the last thing clients need or deserve.
Speaking to an experienced Houston insurance attorney for your insurance claim can give you a better idea of what your options are and avoid the bad faith tactics used by insurance providers.
Many different types of insurance claims exist. These are based on the nature of the situation and whether claimants are filing on behalf of themselves or for a business.
A common characteristic that crosses all types of big insurance companies is how extremely frustrating is is to deal with adjusters and the other points of contact within the company, regardless if they’re acting in bad faith or not.
While most insurance providers boast of taking care of their policyholders, in practice, numerous clients we’ve represented can state otherwise.
Common Types of Insurance Claims
Many types of valid claims you can may with your insurance company. Insurance policies vary widely in nature, and because insurance companies seek to make the most profit possible, they offer an array of insurance options.
This means that insurance policyholders should expect a fair dealing when opening any of the following claims:
- auto insurance claims for car accidents
- business interruption claims
- disability claims
- government and municipality claims
- fire insurance claims
- flood insurance claims
- health insurance claims
- hurricane insurance claims
- life insurance claims
- long-term care insurance claims
- property insurance claims
- homeowners insurance claims
- commercial property insurance claims
- condominium insurance claims
- hotel insurance claims
- restaurant insurance claims
Why Did My Insurance Company Deny My Claim?
Your insurance company may cite a variety of reasons why they’ve denied or seemingly undervalued your claim, avoiding the legal obligations to pay you. For clients who are lawfully seeking adequate compensation for damages, this can be a tricky situation to sort through.
Insurance companies know that it is almost impossible for their clients to know if they’re acting in bad faith or not. They use this to their advantage more than they’ll ever admit.
When policyholders receive an unexpected denial or low payout offer during the claims process, they often ask questions along the lines of:
- Is my insurance claim request unreasonable?
- Did I overestimate how much my insurance claim should be worth?
- Is there any reason why the insurance company may consider me liable for covering my own damages?
Of course, there are reasons why an insurance company may deny a claim that was filed by a policyholder. Depending on the language used in the specific insurance policy and the types of insurance coverage they offer, adjusters may interpret an insurance claim to be ineligible or interpret the insurance coverage in a way that reduces the payout owed to the policyholder.
Insurance bad faith isn’t always at play, but for most insurance companies, you really won’t get fair dealing upfront, unless you work with an insurance lawyer, unfortunately.
Common Reasons Insurance Companies Deny or Undervalue Claims
- The insurance provider determined that the loss wasn’t included in your insurance coverage.
- Their adjusters determined your losses were ineligible for coverage or excluded from your insurance policy.
- Your damages fall below the insurance policy deductible.
- Their adjusters claim the damages are less that what you’re claiming.
Insurance Claim Mismanagement
Sometimes, policyholders find themselves facing a mismanaged claim, or unnecessary complication of the claims process. They’re provider acting in bad faith.
Insurance companies are meant to act in good faith and provide fair judgement when they respond to claims filed by their policyholders. However, insurance companies seek to make profit. And, as companies that have a financial stake in preserving cash reserves, sometimes the insurance providers act in bad faith, unfairly denying valid insurance claims. In fact, this deceptive behavior is illegal in the state of Texas.
Denial And Underpayment Claims
In the past few years, our Houston office has represented thousands of plaintiffs throughout Texas against large insurance companies for acting in bad faith, denying and underpaying claims.
Reich & Binstock have extensive experience representing those with homeowners insurance, not only in Houston, TX, but throughout the country, with first-party insurance bad faith claims involving Hurricane Ike damage claims that have been mishandled or wrongfully denied.
Our trial attorneys also devote significant resources to helping business owners, apartment property owners and churches resolve issues in getting the money they deserve for their hurricane claims and other insurance claims surrounding real property damage .
As a qualified insurance attorney team with experience handling insurance claim disputes, we can attest to the fact that no single policyholder is immune to the frustration of dealing with an insurance company who is acting in bad faith, attempting to either underpay or all-out deny a claim.
Know that you’re not alone. Individuals, small business owners and even representatives for large corporations face issues receiving both fair and timely compensation on a reasonable basis, even if the insurance company isn’t necessarily acting in bad faith.
Having a large insurance attorney law firm on your side levels with playing field, when it comes to a denied or undervalued insurance claim, especially in Texas.
Insurance companies and their adjusters are a little more willing to do their job correctly when their client has an insurance lawyer backing them up.
Victims count on insurance companies to help them in their harrowing time of loss. But, insurance companies are businesses, and businesses must make a profit, which is the American way. But, there is nothing American, nothing fair, and nothing moral about an insurance company who acts in bad faith, preying on claimants, who already have been victimized, because there is a conflict between profit and justice — and the insurer decided justice would lose.
You see, many policyholders believe that their insurance company almost has a attorney client relationship with them. That their needs are a priority to the insurance company, and sadly, this thought process couldn’t be further from the truth.
Bad faith insurance is when the insurance company does not treat the client fairly by, acting in bad faith, for example:
- Denying a valid claim
- Unreasonably delaying claim payment
- Insurance company’s adjuster, looking out for the company’s interest instead of the victim’s entitlement, undervaluing the adjustment
- Offering to settle with the claimant for less than the claim is worth
- Failing to pay a judgment against the claimant from a lawsuit that the insurance policy requires the insurance company to defend
When you must deal with an insurance company, the experienced bad faith insurance claims lawyers at Reich & Binstock in Houston can protect your rights to payment of the claims that you deserve during insurance disputes. This will help you avoid any of the insurance provider’s bad faith tactics.
We specialize in bad faith insurance litigation and can try cases in any state. Insurance claims is a legal specialization of ours, and we’ve been representing clients in this area for decades.
Yes. the attorney client relationship is always a legal obligation between the counsel and the insured party, with the insured party being owed a duty of absolute undivided loyalty by their counsel.
We aren’t scared of big insurance companies. We’re a nationally recognized law firm who’s stood toe to toe with some of the biggest companies in the world!
Insurance Lawyer in Houston, TX
There is no need to be cheated out of a just claim because of deceptive tricks of the insurance trade. With nearly 30 years of experience going to the mat on behalf of damaged victims who battle insurance companies, our law firm will not hesitate to file an insurance bad faith lawsuit, if necessary, in pursuit of the claim that you deserve.
Our specialized experience and expertise with bad faith claims will start working in your favor as soon as possible at no charge.
For a free consultation with a qualified insurance attorney who has fought insurance companies from Houston, TX to the federal courts, call us at 713-622-7271 or 800-622-7271 toll free, or use our online contact form to get in touch.
Our track record with insurance cases speaks for itself
There is a never a fee unless we recover on your behalf.