For cities all along the Texas coast, recovering from Hurricane Harvey will be a long and arduous process. With damaging winds and many feet of floodwaters, places like Rockport were devastated. For homeowners and business owners along the Texas coast, filing an insurance claim is the only way to receive compensation for the damage caused by Hurricane Harvey. While some policyholders will receive their rightful compensation from their insurance company, many others will be faced with bad faith insurance denials.
Why Insurance Companies Use Bad Faith Tactics
Although many insurance companies claim to support policyholders in their time of need, the reality is that these companies are businesses trying to protect their bottom line. Because of Hurricane Harvey’s widespread damage, insurance companies are going to be shelling out millions or even billions in insurance payouts. Some insurance companies will try to minimize their payouts by wrongfully denying insurance claims.
Know How To Spot Bad Faith Tactics
Insurance claims can take some time to process, so it is important for policyholders to be able to spot bad faith tactics as early in the process as possible. Some of the most common bad faith tactics used by insurance companies to wrongfully deny or underpay claims include:
- Performing haphazard or incomplete inspections of the damage
- Ignoring certain damages to the property
- Claiming certain damages aren’t covered under the policy when in fact they are
- Undervaluing the cost of repairs or replacement
- Delaying the investigation of a claim or delaying the payment of a claim
- Not communicating with insured through the process
- Failing to provide the insured with a scope of damages
- Denying a claim without providing an explanation
What To Do If Your Insurance Company Is Operating In Bad Faith
In this stressful time, learning your insurance company is operating in bad faith with regards to your claim can be just as devastating as the storm itself. If your insurance company is operating in bad faith, contact the Texas insurance lawyers at Blizzard & Nabers LLP. We can go to work for you, to get you your rightful compensation under your policy. You have other things to worry about. We can take this burden off your shoulders, knowing you have an experienced legal team working on your behalf. Contact us today for a free consultation. There is no upfront cost for working with us. You won’t owe us anything unless we help you recover compensation.