Can I bring a bad-faith claim against the insurance company if I think a settlement offer is too low?

Maybe. By law, insurance companies have a duty to handle claims promptly, reasonably and in good faith. If an insurance company fails or refuses to honor its contractual obligation to pay your valid claim, then you may have the right to sue the insurance company for damages. A settlement offer that is intentionally much less than what is reasonable could form the basis of a bad-faith insurance lawsuit.

Posted in: Insurance Settlements FAQs