Denied Insurance Coverage in Milwaukee? It May Not Be Over.
Man denied insurance coverage pursues bad faith claim
On behalf of Milwaukee personal injury attorney Ric Domnitz of Domnitz & Domnitz, S.C. posted in Insurance Claims on Wednesday, December 19, 2012.
Without insurance, a person is vulnerable to financial ruin in the face of a serious accident. It is for this reason that individuals across Wisconsin purchase such insurance and pay premiums. This action means that there is a legally binding contract between the insurance company and the insured individual that, in the event of unforeseen circumstances, the insurance company compensates the loss according to the terms of the policy.
In some situations, that compensation could be steep, prodding an insurance company to deny a claim. An out-of-state man that was facing litigation was denied coverage following a lawsuit against him. A judge already ruled in indication that the insurance company was out of line, therefore the man is pursuing a bad faith claim.
Successful bad faith claims can see large awards because courts look to ensure that insurance companies are not tempted to deny claims in an effort to later only pay out a small award resulting from a bad faith claim instead. Further, similar scenarios are breeches of contract that negate the reason an individual pays for insurance coverage.
This can in some instances happen after an individual has been in a serious car accident in Wisconsin, or when a family member has been killed in a serious accident. Insurance companies may engage in illegal activity in an effort to coerce an individual into settling for less than they could be entitled to under their coverage. In these scenarios as well, an insurer could be failing to meet their financial obligations and could consequently be held liable in a court of law.
Source: WTSP 10 News, “Kevin White sues county’s insurance company for bad faith,” Mike Deeson, Dec. 18, 2012 (source removed)
Our firm has experience handling similar situations in Wisconsin. For more information, please refer to our Milwaukee bad faith insurance claims page. Or, for a free consultation, contact a Milwaukee personal injury attorney with Domnitz & Domnitz, S.C.