Bad Faith Insurance Actions in North Carolina

 It is important now more than ever to ensure that your insurance companies, from auto to medical, are treating you the way you are supposed to be treated. Under the law in North Carolina, an insurance company owes its policy holders a duty of good faith and fair dealing. Good faith is defined as the absence of the intent to defraud or to seek unconscionable advantage. Unfortunately many people are unaware of the standards their insurance carrier should be held to, and are often taken advantage of. If an insurance company violates their duty of good faith, their policy holder may file a lawsuit against them as a tort action as well as a breach of contract claim. It is extremely important to note the tort-contract distinction, because under contract law punitive damages are unavailable. However under a tort claim punitive damages are available, allowing the policy holder to recover an amount larger than the value of the policy.

The Law Offices of Hull & Chandler, P.A. often see bad faith claims arise after a client has been involved in a motor vehicle accident. It is important that you have an attorney who is knowledgeable in this area of law to assist you in pursuing a claim. The attorneys of Hull & Chandler, P.A. are committed to fighting for your rights, and ensuring that your insurance company is being held to the proper standards.