- Accident and Injury Law
- Insurance Coverage Lawyers
- Answers and Information
- Underpayment and Delayed Payments
Some insurance companies offer a lesser amount of money than what the policy specifies. Often, the policy holder accepts this minimized amount to meet their financial needs. Underpayment is a form of bad faith.
The insurance company may also delay the payment, causing financial distress to the policy holder. This common practice is also a form of insurance bad faith.