Insurance bad faith claim settlement amounts can vary significantly depending on the amount of contract damages and extracontractual damages, as well as the punitive damages awarded by the Court. Understanding the basics about the duties your insurer owes to you, bad faith insurance settlement practices, and the legal options that may be available can help maximize your bad faith claim settlement amount. What Is Bad Faith by an Insurance Company? When you purchase an insurance policy, you are entering into a contractual agreement with the insurer. You agree [...]