Mississippi Insurance Attorneys
What is insurance?
An insurance policy is basically a contract between you and your insurance company. Your insurance company promises to pay you for certain losses (indemnify), and to defend you in certain situations. In return you agree to pay the monthly or quarterly insurance premium; to timely and honestly report any claim; and to reasonably cooperate in any investigation.
The selling of insurance involves the transfer of the risk of a loss from the insured to the insurance company. It is a form of risk management that is purchased to hedge against the risk of a future loss.
What is an insurance claim?
An insurance claim is a formal request by the insured to the insurance company demanding payment based on the specific terms contained in the insurance policy. When you make an insurance claim, your insurance company owes you a duty of good faith and fair dealing. This means that your insurance company must promptly investigate your claim and promptly pay for any covered loss.
What is insurance “bad faith”?
Insurance “bad faith” can occur when your insurance company wrongly delays or refuses to pay for a covered claim. Insurance “bad faith” can also occur if your insurance company wrongly refuses to defend you if you are sued, or if your insurance company refuses to pay for a covered judgment against you.
Experienced Insurance Lawyers
The lawyers at Danks, Miller & Cory have successfully helped hundreds of Mississippians with their insurance claims involving the largest insurance companies in the United States. If you believe that your insurance company has wrongly delayed or denied payment of a valid claim, then you need the help of an experienced insurance lawyer.We welcome the opportunity to discuss your legal options with you. To set up a free initial consultation, contact us online or call our office locally at 601-957-3101.
Our office is conveniently located in downtown Jackson, Mississippi, just off I-55. Parking is available behind the building.