Insurance policies create a contract that requires an insurance company to act in “good faith”. This foundation requires both parties to act with the utmost honesty and not to arbitrarily interpret the terms included in the agreement. En Español
If you are involved in an automobile accident, both the insurer and the insured are expected to act in good faith. You as the insured must give the information of the crash or accident without altering it, always telling the truth.
This will show that you are being true to this principle. If, on the other hand, you give incomplete information about the accident and then start to add more information that changes the facts substantially, it may cause you a problem with the insurance company.
On the other hand, insurance companies are not required to seek the best interests for victims of car accidents. In reality, insurance companies are trained to give victims less than they deserve in their compensation, especially because they know that those who have just suffered an accident are in a very vulnerable state.
When an insurance company denies insurance benefits, it is considered to act in “bad faith.” It is important to note that cases of bad faith are disputes between you and your own insurance company. If you have been seriously injured in an accident, you should speak with an experienced lawyer for advice in obtaining the proper compensation you deserve after suffering an accident.
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