Insurance Breach Of Contract Lawyer in Las Cruces, New Mexico
For more than 25 years, our insurance breach of contract lawyer in Las Cruces, New Mexico has successfully represented clients who have experienced difficulty in recovering the financial compensation their insurance coverage and claim entitles them to.
Our Doña Ana County and Las Cruces insurance breach of contract attorney focuses on protecting our clients from circumstances where insurance bad faith includes a breach of contract by the carrier under the policy’s terms and conditions. Las Cruces insurance policyholders work hard to pay their insurance premiums, and when the insurance company does not uphold their end of the agreement, they may be in breach of contract, which entitles our client to legally pursue financial compensation.
What Is Insurance Breach of Contract In Las Cruces, New Mexico?
Insurance contracts are written and designed to protect the property and well-being of its unique policyholder, if or when damage or injury occurs to their home or person. The insurance company, by way of writing the language included in the policy, is bound by New Mexico law to provide the insured individual or group with the financial help and support they need after an accident, injury, or damage occurs.
When the policyholder pays the premium required for the contract’s coverage, both parties are bound by law to honor the contract. When the insurance company fails to fulfill the terms and conditions of the contract, that is when a breach of contract takes place.
What Are The Most Common Types of Insurance Breach of Contract?
Common types of insurance breach of contract examples can include:
- Delaying payment of the claim
- Denial of the benefits listed in the contract
- Failure to aid as outlined in the coverage
- Failure to properly investigate the claim
- Misinterpretation of the contract by the insurer
- Partial or unfair payment of the insurance claim
- Unreasonable denial of the claim
Is Insurance Breach of Contract the Same As Insurance Bad Faith?
The breach of an insurance contract can also include bad faith insurance practices. The good faith and fair treatment that policyholders rely on when they suffer an injury or property damage is part of the expectations provided by their contractual insurance policy. When the insurance company fails to follow the legal requirements outlined in the policy they wrote, and that the insured paid for, a breach of contract exists. Depending on how the breach of contract occurs, insurance bad faith practices could be a contributing factor.
Proving Las Cruces, New Mexico Insurance Breach of Contract Claims
It is important to understand that Las Cruces, New Mexico breach of contract claims cannot be brought against the insurance company simply because the insured feels as if they have not received the proper amount they expected.
At Law Offices of Kenneth G. Egan, Our Personal Injury Law Firm Also Focuses On The Following Practice Areas:
Call Our Las Cruces Insurance Breach Of Contract Attorney Now
Insurance breach of contract cases must have legal standing, and our experienced Las Cruces, New Mexico insurance breach of contract attorney can determine exactly what you are entitled to as a policyholder by calling (575) 523-2222 to schedule a free case review today.