Bad Faith: When The Insurance Company Denies or Delays Your Claim [infographic]
Some insurance companies will deny or delay legitimate claims to avoid paying for them. When an insurance company doesn’t live up to their responsibilities, that is considered bad faith. Nevada has laws and regulations as to how an insurance company should treat its customers, and the insured party can get punitive damages if an insurance company in Nevada acts in bad faith. (Article continues below Infographic) What Constitutes Insurance Bad Faith An insurance company refusing to pay a legitimate claim is one example of them acting in bad faith. [...]