What If an Illinois Insurance Company Negotiates in Bad Faith?
If you have been a victim of a personal injury and you pursue legal action, you will likely be seeking compensation from an insurance company, either from your own or from the insurer of the person who injured you. Insurers have a duty of good faith toward an injured person, but there are times when insurance companies fail to live up to this standard. For this reason, it is important to have an experienced Illinois personal injury lawyer on your side.
What Does It Mean to Negotiate in Bad Faith?
The insurance company may be negotiating in bad faith if it makes a settlement offer for less than the entire amount of their policy when the case is clearly worth in excess of the policy. While not all insurance companies will engage in these practices, it is important to have a capable Illinois personal injury lawyer on your side to keep the possibility in check.
It is important to note that a difference in opinion over how much your personal injury claim is worth does not constitute bad faith. A difference of opinion — even a large one — is not unusual, which is part of why it is so important to have a personal injury lawyer helping you get the compensation you deserve.
What are the Consequences of Negotiating in Bad Faith?
The Illinois Insurance Code allows you to recover additional damages if the Insurance company’s refusal to offer fair compensation is “vexatious and without reasonable cause.”
If it is proven that the insurance company has acted in bad faith while handling your claim, you may be eligible to receive compensation well above what you would have received for the injury alone.
Rubens and Kress: Experienced Illinois Personal Injury Lawyers
If you need a lawyer following a personal injury in Illinois, you should turn to the experienced team at Rubens and Kress. We have a track record of success, and we charge no fee unless you collect. To learn more about your legal options, contact Rubens and Kress online, at (312) 201-9640, or toll-free at (866) 890-9640.