Insurance companies collect millions in premiums every day, regardless of the number of claims that are made. However, they often refuse to pay under policies of insurance they are contractually obligated to. Here at the Luchnick Law Firm we hold Insurance companies responsible for any conduct taken in bad faith, such as wrongfully denying, or delaying payment of your claim.
Insurance cases can be extraordinarily complex. Insurance companies have an inhouse legal team to protect them from fraudulent claims, but often legitimate claims get denied unless they claimants are represented by an experienced firm such as Luchnick Law Firm. Our attorneys are especially diligent about researching precedent since many outcomes are determined by previous court decisions rather than by statute. Further, a decision rendered in one case may not be universal, and depending on the intricate facts of each claim the law can be interpreted differently. Complex insurance disputes often require attorneys to do exhaustive review of previous court cases. It can be tedious, but because we see you as family we are not easily deterred.
Common law jurisdictions require the insured to have an insurable interest in the item covered by the insurance. An insurable interest is that legal relationship between the insured and the item covered by the insurance. Further it is assumed the insured would be harmed by the occurrence of the event insured against, or conversely would take a benefit from its non-occurrence. Few systems of law will allow an insured to recover in respect of an event that has not caused the insured a genuine loss, however, if bad faith is demonstrated in the handling of a claim, whether a loss is covered or not, of a claim, whether a loss is covered or not, remedies for the insured may be available.
Occasionally, the insurance contract itself is onerous and subsequent breaches of the contract, or wrongfully performing duties prescribed by the contract can fall under the umbrella of multiple areas of law. We are equally competent in common law causes of action, statutory bad faith actions, and the laws that govern the contract itself.