Best Bad Faith Insurance Lawyers in Port Coquitlam

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Taylor & Blair LLP

Taylor & Blair LLP

Port Coquitlam, Canada

Free Consultation: 15 mins


Founded in 1993
8 people in their team
Taylor & Blair LLP is a boutique law firm serving all of British Columbia for over 30 years, with 7 accessible locations in the lower mainland....
English

About Bad Faith Insurance Law in Port Coquitlam, Canada

Bad Faith Insurance Law relates to instances when insurance companies fail to deal with their policyholders honestly and fairly. In the city of Port Coquitlam, Canada, these laws are designed to make sure that insurers are held accountable for unjust denials of valid insurance claims. An incident of bad faith insurance can encompass unreasonable delay in handling claims, misrepresenting relevant facts or insurance policy provisions, failure to investigate a claim, or refusal to make a good-faith settlement offer.

Why You May Need a Lawyer

Situations where you might need legal assistance in Bad Faith Insurance include when your insurance company denies your claim without a legitimate reason, intentionally delays the processing of your claim, offers a settlement far below what your claim is worth, fails to conduct a comprehensive investigation, or communicates with you in an abusive or threatening manner. A lawyer can help you understand your rights, assess your claim, and represent you in court or negotiations.

Local Laws Overview

In Port Coquitlam, insurance companies are obliged by law to negotiate and settle claims in good faith. According to the Insurance Act, insurers must provide clear and detailed reasons for claim denial. If they fail to adhere to this requirement, or if they turn down your claim without proper investigation, it can be seen as acting in bad faith. When this happens, legal action can be taken against the insurer, leading to damages awarded in addition to the original claim's value.

Frequently Asked Questions

What constitutes a bad faith insurance practice?

Bad faith insurance practices can include unjustified denials of insurance claims, failure to promptly and properly investigate a claim, refusal to provide a reasonable explanation for claim denial, or offering significantly less money than what is due under the policy.

What can I do if I am a victim of bad faith insurance?

If you believe your insurance company has handled your claim in bad faith, it's recommended to contact a lawyer who specializes in insurance law. They can help you to understand your rights, guide you through the process, and represent you in court if necessary.

Can an insurance company dismiss my claim without explanation?

According to the Insurance Act, insurers are required to provide clear and detailed justifications if they deny a claim. Failure to do so can lead to legal consequences.

What type of compensation can I receive?

If an insurer is found guilty of bad faith, you can potentially receive the full benefits entitled under your policy and be awarded additional damages, which can include emotional distress, economic losses and punitive damages.

How can I prove bad faith?

Proving bad faith can be complex and generally requires demonstrating the insurer's failure to act fairly and honestly towards fulfilling the obligations within the insurance contract. A qualified lawyer can assist you in gathering necessary evidence and building a strong case.

Additional Resources

The Insurance Bureau of Canada and the Advocates for the Civil Justice Alliance are great resources for basic knowledge and further study into bad faith insurance and related rights. Moreover, the Law Society of British Columbia can provide resources to find an experienced lawyer in this field.

Next Steps

If you need legal assistance in a case of Bad Faith Insurance, seek out and consult with a lawyer who specializes in insurance law. Proper legal advice is essential in ensuring that your insurer fulfils their obligations and that you receive the rightful compensation you are entitled to.

Disclaimer:
The information provided on this page is intended for informational purposes only and should not be construed as legal advice. While we strive to present accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or currentness of the content. Laws and regulations can change frequently, and interpretations of the law can vary. Therefore, you should consult with qualified legal professionals for specific advice tailored to your situation. We disclaim all liability for actions you take or fail to take based on any content on this page. If you find any information to be incorrect or outdated, please contact us, and we will make efforts to rectify it.