Bad Faith in Mississippi, When Insurance Companies Lie or Cheat
In Mississippi when a person buys an insurance policy both parties agree to abide by rules. The insurance company agrees that it will investigate and pay valid claims and not delay or deny valid claims. When an insurance company breaks the rules and does not pay real and legitimate claims then there may be a claim for Bad Faith in Mississippi.When Insurance companies lie or cheat they may also be found to be guilty of bad faith when they lie about the existence of an insurance policy (life insurance, auto insurance), cheat the policyholder about the amount of the policy or offer a number that is far below the amount of the medical bills or damages of the claim.
The terms of the insurance policy and the law of Mississippi will outline other things that an insurance company agrees to do. Most insurance policies include providing an attorney when a policyholder is sued by another party, or pay a valid claim made by another party against the insured. Being fair in assessing damages, and putting the interests of the policyholder before the interests of the insurance company are other important parts of the agreement between an Insurance company and policyholder. Insurance companies agree to investigate and pay claims against its insureds. If any of the above duties has been broken by your insurance company you may benefit from a one on one consultation with a Mississippi Insurance Attorney. Our attorneys are available digitally 24 hours a day to chat and our initial consultations and case evaluations are always free.
The actual insurance policy in effect at the time of the incident will be what is used in court. Often these policies change year to year and include new language to clarify the insurance company’s ability to deny certain claims. Whatever the language of the policy, Mississippi law provides that insurance policies will follow what an insured party reasonably expects the insurance policy to cover. The language of the policy will ultimately be considered but if the policy language is not clear, or could be read several different ways the interpretation favoring the policyholder (insured) will prevail.