When a natural disaster of any kind occurs, it typically poses immense hardships to those who own businesses here in West Virginia. Naturally, these business owners assume that the insurance for which they have paid in good faith will help ameliorate these hardships.
Insurance companies owe their policyholders a duty of good faith in the wake of a significant disruption to your business. Unfortunately, many insurers do not always fulfill their legal duty to pay claims associated with unforeseen circumstances. This is called bad faith on the part of the insurance company, and we want you to know that you don’t have to stand for such practices.
Our legal team understands the repercussions that occur when a company suffers significant losses or damages due to unforeseen circumstances. We have helped many business owners in the Morgantown region stand firm against insurers that refuse to honor valid claims. Filing a bad faith insurance claim is an effective way to hold dishonest insurers to account and receive the compensation you need to rejuvenate your business.
When the state or even the nation suffers from circumstances affecting your business, file an insurance claim as soon as possible. If your insurer denies, delays or otherwise violates its duty to practice in good faith, please see a lawyer right away. Together, you can build a strong foundation upon which to support a bad faith insurance claim. Waiting for your insurer to do the right thing could worsen your current situation and may even lead to closure.
We invite you to get more information about bad faith insurance claims by continuing to review our firm’s website.