Low Offer Bad Faith Insurance Claims

Answer:

When we represent clients and we get into the part of the case where it’s possible to settle the case, many times, we’ll get an offer from the insurance company that’s very low and doesn’t bear any resemblance to the true value of the case. That does not equate to bad faith. It is an offer. If that’s the only offer, then that may be something else, but in and of itself, that is not bad faith. It may be couched in terms of hard-nosed negotiation. In which case, we have to be equally as hard-nosed and go try the case if necessary, which we’ve done many times.

It may be a sign of bad faith, but in and of itself, it’s not. We don’t get upset in a professional sense about a low offer. It’s what’s at the end of the case that counts. Bad faith does really not enter into it at that point, but it may later.

If you have a case like that that’s occurred or is occurring in Nassau County or Duval County or the surrounding areas, call us. We’ll sit down; we’ll talk about it. We can educate you a little bit about how insurance companies act. We’ll move forward and devise a plan that will help your circumstances the best.