When you buy insurance of any type, you are buying peace of mind. You are counting on the insurance company to live up to its promises to treat you fairly if you ever need to make a claim. Many times, however, insurance companies deny legitimate claims with the intention of discouraging their insureds into simply going away.
If an insurance company unreasonably denies your legitimate claim, Oklahoma law allows, in many cases, for you to recover an amount in excess of what the insurance company should have paid in the first place. Oklahoma also allows for punitive damages against insurance companies, which are damages designed to punish insurance company misconduct.
Lloyd & Lloyd has the experience necessary to take on the large insurance companies. We have handled numerous cases involving homeowner’s, uninsured/underinsured motorist, auto, disability, health, and renter’s insurance.