Las Vegas Insurance Bad Faith Attorney

An insurance company exists to help people when they need it most. When you become a policyholder, you trust your insurer to take care of you in times of need. That’s what you pay your insurance premiums for, and that’s what they’ve promised to do.

When you’re injured, facing a serious illness, or have suddenly lost your home due to a disaster, it’s the worst time to find out your insurance company is untrustworthy. But sadly, this is exactly what happens to countless individuals throughout Nevada.

If you believe that your insurance company has violated the terms of your policy by wrongfully denying your claim or is otherwise acting unlawfully, a Las Vegas insurance bad faith lawyer is ready to meet with you for a free case evaluation. We can review your insurance policy and denial letter, along with other supporting evidence, and advise you of your legal options.

The Law Office of Matthew L. Sharp defends policyholders from corporate misconduct in Las Vegas, Clark County, and throughout the state of Nevada. Contact us for a 100% free consultation.

Types of Bad Faith Insurance Claims We Handle

Our insurance dispute lawyers protect clients against bad faith actions committed by all types of insurance carriers.

Some of the cases we regularly handle in the Las Vegas area include:

• Auto insurance disputes
• Health insurance disputes
• Homeowners insurance disputes
• Disability claim denials

If you don’t see the type of insurance dispute that you’re dealing with listed above, contact our office nonetheless.

Our highly specialized skills, resources, and experience allow us to successfully navigate a number of complex bad faith insurance cases that many other law firms are not equipped to handle. We will gladly evaluate your case and advise you of your legal rights at no cost to you.

What Is Insurance Bad Faith?

“Bad faith” refers to actions that are not handled by insurers in good faith, meaning an insurance company acts fraudulently, dishonestly, neglectfully, or breaches their obligation to their policy holder.

For instance, an insurance company that mishandled a claim by breaking a law, violating a contract, purposely missing a deadline, or acting in another way that intentionally or negligently does not meet good faith standards.

Our Las Vegas insurance bad faith lawyer knows these types of actions to be far more common than many people realize. The health insurance industry alone is a multi-billion-dollar industry. Homeowners’ insurance, auto insurance, life insurance, disability insurance, and many other types of coverage options that rake in millions, if not billions, in revenue every year.

It will come as no surprise to you that insurance companies are motivated by profits. This leads corporate leadership and decision-makers to put practices in place that aim toward the goal of reducing payouts and saving money. Anyone who has seen the inner workings of an insurance agency knows this to be true. The system is not built in favor of the claimant—it is built to benefit the company by increasing profits. That only happens if they take in more money than they pay out.

The actions of an insurance company will always put profits over people. This is why we see so much corporate dishonesty and tricky, manipulative practices in our roles as insurance bad faith attorneys—and why we work so hard to make ourselves the best advocates we can be on behalf of the clients we represent.

Examples of Bad Faith Insurance Practices

The type of bad faith practice you’re currently coming up against with your insurance company may include:

• Denying a claim without a valid reason
• Refusing to provide further details about a claim denial
• Delaying processes so that vital deadlines are missed, limiting your ability to recover compensation
• Not conducting adequate investigations into your incident
• Offering a settlement amount far lower than what your claim is really worth
• Purposely misconstruing language in the terms of your policy to deny you compensation
• Cutting off communications with you
• Retroactively canceling your coverage without legitimate cause
• Delaying payment on a valid claim
• Threatening or intimidating you into accepting an unreasonable settlement offer

It is astonishing how frequently we see these tactics used by unscrupulous insurance corporations. The sad truth is that most people don’t have a deep understanding about what an insurance company legally can and cannot do. This is why you need help from a skilled Las Vegas insurance lawyer.

This knowledge gap is completely understandable—those who are not in the legal or insurance fields rarely have the time or opportunity to become well-versed on the incredibly dense and complex network of federal and state laws by which insurance agencies must abide. And insurers are never shy to exploit the fact that they know more about insurance laws than most claimants.

A situation like this puts policyholders at a severe disadvantage. At the Law Office of Matthew L. Sharp, we are driven to even the playing field and give policyholders a platform on which they can fully understand and uphold their rights as consumers. So, whether you see the misconduct you’re dealing with on the list above or not, reach out to us. We can likely help.

You Have Rights as a Policyholder

When you purchase an insurance policy, it grants you certain rights that your provider must abide by. An insurance policy is considered a contract per Nevada law. Thus, you have a right to:

• Fair investigation: Your insurance company must conduct a thorough, objective, and fair investigation of your claim. They must use the available evidence to assess the validity of your claim without any bias.
• Timely processing: Your claim must be processed within a reasonable and defined time frame. As a result, you are not left waiting an extended period without any updates or a resolution to your claim.
• Total compensation: You are entitled to the full benefits outlined in your insurance policy. As long as your claim is valid, the insurer must fully compensate you for any provable damages or other losses covered under your policy.
• Transparency: Whether your claim is approved or denied, the insurer must provide you with a clear explanation of their decision. Under these rights, you must be notified of the status of your claim, the reasons behind any decisions, and your options in the case of a denial or delay.

These above-referenced rights protect you as a policyholder. However, not all insurance companies abide by these rights. When non-compliance occurs, you may have to pursue a bad faith insurance claim.

What To Do If You Suspect Insurance Bad Faith

If you believe your insurance company is acting in bad faith, you need to take these steps to protect yourself:

• Document everything: You will want to keep records of all correspondence with the insurance company, including emails, letters, and phone calls. Along with that, note the dates, times, and details of any interactions.
• Request a written explanation: If your claim was denied, ask for a detailed written explanation outlining the reasons for the decision.
• Review your policy: Before you take action, make sure to go over the terms of your policy. With that, you can see whether the insurance company is violating its contractual obligations.
• Avoid signing anything: You do not want to sign any documents, settlement offers, or waivers without consulting a bad faith attorney. Some insurers try to pressure policyholders into accepting far less than they deserve.
• Speak with an insurance attorney: A bad faith insurance lawyer can evaluate your situation, explain your legal options, and help you take action against the insurance company if necessary.

We understand that standing up to a large insurance corporation can be intimidating, but our legal team is here to advocate on your behalf. We have the knowledge, resources, and dedication to level the playing field and ensure you receive fair treatment under the law.

A Las Vegas Insurance Bad Faith Lawyer Protects Your Interests

When we see unfairness, we take action. And there is no fight more unfair than a billion-dollar corporation stepping on the rights of an injured individual.

It’s moments like these when founding attorney Matthew L. Sharp truly lives up to his nickname: Honey Badger. Fearless. Tenacious. Unafraid to take on a bully. These are the words used to describe honey badgers, and these are the qualities we’ll put to work for you.

Don’t let an insurance company get away with what they’ve long been doing any longer. We’re here to help you receive fair treatment and hold corporate wrongdoers accountable for their harmful actions.

Contact us today to begin a conversation with a Las Vegas insurance bad faith lawyer. The Law Office of Matthew L. Sharp provides free, no-obligation consultations and takes most cases on a contingency fee basis. Don’t let an insurance company get away with bad faith actions.