Excess Verdict

An excess verdict claim is a form of insurance bad faith that protects a policyholder against the mismanagement of a third party lawsuit against them. It is refers specifically to a case where a third party lawsuit finds the policyholder liable after an insurance company fails to reach a settlement before the trial and thereby insulate the policy holder against them an excessive verdict.

In a contemporary insurance policy an insurance companies has the responsibilities to a policyholders to defend the insured against legal actions against them. If they fail to do this then it could be virtual financial ruin for the insured, and costs can quickly exceed millions of dollars. When you purchase an insurance policy, whether it’s home, auto, or other liability insurance, you do so with the peace of mind that the insurance company will help to defend and protect you against third party claims against you. If they fail to defend you, then it may be a form of insurance bad faith, and you may be entitled to compensation for your claim.

An insurance bad-faith claim is a term for a litigation that claims that an insurance company was dishonest and tried to defraud a customer or “policyholder”. Past the obvious breach of contract, this insurance company has also violated an “implied covenant of good faith and fair dealing”. You may be entitled to compensation for your claim, and calling an attorney is strongly advisable and often beneficial.

The dedicated and experienced legal professionals associated with the American Justice Network are committed to fighting for your case and getting you the settlement that you are entitled to. We understand your situation and have a proven track record of legal results. Call us toll free today to speak with a lawyer who has first hand knowledge of the laws associated with this type of litigation, and we will give you a free case evaluation. If you are looking to find a lawyer in your neighborhood, use our lawyer referral service to ensure you speak with an attorney with the experience and credentials that you are looking for. Our lawyer referral associates understand the financial hardship, anxiety, and emotional distress that comes along with your case. Our legal professionals can be reached toll free 24 hours a day at 888-88-JUSTICE.

If you or a loved one are in need of an attorney, it is important you contact an attorney to discuss your legal options. We encourage you to use our search by state lawyer referral and attorney referral map to find the American Justice Network attorney that is nearest you. Our attorney referral service is an entirely new paradigm for the selection of personal injury attorneys. Unlike the old, outdated attorney search and lawyer search approach, which is designed to funnel you to the attorney who uses the most money to advertise on a particular day, we hand-pick the right personal injury attorney for your case. s