Navigating the complex world of insurance can often be daunting, especially when you encounter insurance bad faith in Oklahoma— a situation where your insurance company denies a claim without a valid reason or fails to investigate your claim promptly and thoroughly.
As an insurance policyholder in Oklahoma, you are protected by laws against such actions, but it can be quite challenging to sort through them without legal expertise. (Learn more about what insurance bad faith in Oklahoma is here.)
Here are six compelling reasons to hire an attorney to help you fight against insurance bad faith.
1. Understanding Oklahoma Insurance Law
Oklahoma has specific laws to protect consumers against insurance bad faith, including the Unfair Claims Settlement Practices Act. Understanding these laws, however, can be complex. A skilled attorney can navigate the intricacies of Oklahoma insurance laws, ensuring your rights as a policyholder are protected. They can identify whether your insurer has violated the law and determine the best legal strategy to pursue your claim.
2. Investigating and Documenting the Claim
A key aspect of fighting an insurance bad faith claim is thoroughly investigating and documenting the claim. This process includes reviewing your insurance policy, the insurer’s denial letter, and any relevant correspondence. Additionally, it may involve gathering and analyzing other evidence, such as medical reports or expert testimony. An attorney can handle these tasks effectively and efficiently, ensuring that no crucial details are overlooked.
3. Negotiating with the Insurance Company
Insurance companies often have teams of experienced lawyers and adjusters working for them. Going up against such a team can be intimidating for an individual. An attorney representing you can level the playing field. They will negotiate assertively with the insurance company on your behalf, utilizing their knowledge of insurance laws and legal procedures to seek a fair resolution.
If negotiations fail to yield a fair settlement, your case may need to go to court. Litigating an insurance bad faith claim can be a complex, lengthy process. It involves filing the appropriate legal documents, adhering to court procedures, and presenting your case convincingly in court. A seasoned attorney can handle all these tasks while ensuring that you meet all legal deadlines.
5. Evaluating and Maximizing Your Claim
Another crucial role that an attorney plays is assessing the value of your claim. In an insurance bad faith case, you may be entitled to more than just the original amount of your claim. You may also be entitled to consequential damages, emotional distress damages, punitive damages, and attorney’s fees. An experienced attorney can evaluate your case comprehensively to maximize the potential compensation.
6. Emotional Support and Peace of Mind
Dealing with insurance bad faith can be stressful and emotionally draining — particularly if you’re also dealing with the aftermath of a loss or injury. Having an attorney by your side can provide emotional support and peace of mind. Knowing that a professional is advocating for your rights can ease the psychological burden, allowing you to focus on recovery and personal well-being.
Don’t Let Your Insurer Bully You
Insurance companies owe you a legal duty to treat you fairly and in good faith. Hiring an attorney to fight against insurance bad faith is a strategic move that can greatly enhance your chances of obtaining the compensation you deserve. While the insurance company has a team of professionals working on their side, you deserve the same level of expertise and commitment on yours.
If you find yourself in a dispute with your insurance company for any reason, Overman Legal Group is ready to step in. Our skilled negotiators have years of experience dealing with insurance companies and will work on your behalf to reach a fair resolution — or aggressively sue if a settlement is not reached. We can also assist clients with insurance coverage litigation if coverage or benefits are disputed.
Don’t let your insurance company withhold what is rightfully yours. We can help.