COVID-19 Notice: The Perecman Firm has returned to in-person operation in accordance with safety regulations set by New York State and CDC health officials. Our attorneys will continue to provide top-notch legal representation and are available to discuss your case in person, over the phone, via email or video.

Insurance Bad Faith Attorneys in NYC

The Perecman Law firm has been advocating on behalf of individuals injured in motor vehicle accidents since 1983, and we have the skills and drive to pursue the compensation our clients deserve.

Dealing with the Insurance Company

Negotiating with an insurance company after getting in an accident can be tricky, even in the best of times. Hopefully, the insurer will thoroughly investigate your claim and offer a settlement that fairly covers your financial needs, and you can move on with your life confident that the cost of your accident is covered.

Unfortunately, this isn’t always the case.

Sometimes, insurance companies enter into negotiations without any intention of offering a fair settlement or even offering a settlement at all. If the insurance company is found liable for negotiating in bad faith, they could be punished with large fines and punitive damages.

What Does “Bad Faith” Mean?

Bad faith is a term that is used when an insurance company improperly denies a claim without a reasonable basis or refuses to offer a settlement consistent with claims of a similar nature without a reasonable explanation. Insurance companies, like any organization, company, or person that enters into a contract, are expected to negotiate with honesty, fairness, and in good faith. This includes thoroughly investigating any claim in order to offer a reasonable settlement based on the relevant factors.

Along with failing or refusing to investigate a claim, there are a variety of ways an insurance company could display bad faith negotiation tactics:

  • Taking an unreasonable amount of time to respond to your claim
  • Failing to provide clear reasoning as to why your claim was denied or the amount offered was low
  • Improperly citing laws in an attempt to give an explanation
  • Withholding information or delaying negotiations in an attempt to allow the statute of limitations to expire
  • Using false information, including medical or legal terms, in an attempt to justify a low settlement offer or claim denial.

Call us at (212) 577-9325 to speak with one of the NYC bad faith insurance lawyers at The Perecman Firm

Insurance companies have a vested interest in keeping their settlement offers low, but when that interest becomes more important to them than adequately serving their customers, they may resort to bad faith negotiation tactics. If this is the case, it may be in your best interest to hire a law firm to assist you in securing the financial compensation you deserve.

Contact The Perecman Firm Today

Our New York City insurance bad faith attorneys at The Perecman Firm, P.L.L.C. have been representing clients for over 40 years, and have successfully recovered over half a billion dollars in verdicts and settlements. Fill out the form on our website for a free case evaluation, or give us a call at (212) 577-9325 to set up a meeting with one of our NYC attorneys to discuss your bad faith insurance claim.

  • Best Lawyers "Lawyer of the Year" 2022
  • Best Lawyers in America©, 2008-2022
  • U.S. News' Best Law Firms in America, 2011-2022
  • TopVerdict™
  • TopVerdict™
  • Best Lawyers: Ones to Watch
  • Super Lawyers® Top 100, 2019-2021
  • Super Lawyers®, 2007-2021
  • New York Law Journal's "Top Verdicts in New York"
  • New York Magazine' s Legal Leaders 2021
  • Multi-Million Dollar Advocates Forum®
  • The National Trial Lawyers
  • 10 Best Law Firms
  • Avvo 10.0 Rating
  • Lawyers of Distinction
  • National Academy of Personal Injury Attorneys Top 10
  • Top 10 Personal Injury Law Firms

When You Call Us

  • We have a stellar record of success in accident cases.
  • We are premier trial lawyers and smart litigators.
  • We are highly respected in the legal community.
  • We make you our top priority.
  • We have over 40 years of proven legal experience under our belts.

No Fees 

  • Please enter your first name.
  • Please enter your last name.
  • Please enter your phone number.
    This isn't a valid phone number.
  • Please enter your email address.
    This isn't a valid email address.
  • Please make a selection.
  • Please enter a message.