Property Damage Lawyer in Panama City, FL

Property Damage Lawyer in Panama City, FLA property damage lawyer in Panama City, FL at Childress Loucks & Plunkett can understand just how frustrating it can be for people to find out that their insurer is not taking care of them in the way that they had thought — especially after an incident that resulted in property damage. Each month you probably pay a significant amount of money from your earnings for insurance, with the reasonable expectation that your insurer will support you when you need them the most. Sadly, this isn’t always the case as some insurance companies have bad faith practices. 

So the question may eventually arise as to whether the policyholder can sue their insurance company for acting in bad faith. The answer, in general, is yes, but it’s important to speak with a property damage lawyer in Panama City, Florida about your situation before pursuing further action. 

Recoverable Damages

You can sue your insurance company for committing bad faith, whether the claim was submitted as a first-party or third-party. With a first-party claim, this means you filed directly with your own insurance company. With a third-party claim, this means your claim was filed with an insurer of the at-fault party in the incident.

With help from an FL property damage lawyer in Panama City, you can prove that your insurer withheld coverage that were owed to you based on the policy that was in effect when the incident occurred. The damages you may be able to recover in a lawsuit against your insurance company includes the following: 

Bad Faith Damages: Emotional distress that was caused due to the situation, along with financial losses that resulted because of the bad faith. Examples include lost wages, attorney fees, medical costs, loss of property, and damage to health.  

Contract Damages: Damages that your insurer was obligated to pay based on your insurance contract. Examples include compensation from your original claim, costs of interest, defense, and settlement. 

Punitive Damages: Damages that are intended to punish the defendant for their behavior. For an insurer in a bad faith case, the policyholder can seek punitive damages if the insurance company acted with malice, discrimination, and/or fraud. 

How We Can Help 

When you sign up for insurance from your insurer, you are entering a contract in which you pay a premium in exchange to receive coverage based on the policy terms. Disappointingly, not every insurance company operates with a strong moral compass. An insurer may try to gain profit by committing bad faith, through wrongfully denying the policyholder’s claim, failing to respond in a timely manner, and negligence. A Panama City, Florida property damage lawyer can fight for your claim, rightful compensation, and ensure that the insurance company is held responsible for their poor actions. 

The sooner you take action against a bad faith insurance company with help from a legal professional, the more likely you are to walk away with the results you deserve. If you have become the victim in a bad faith situation, then we urge you to contact our firm to book your free case evaluation with a FL property damage lawyer at Childress Loucks & Plunkett today.