Thursday, May 24, 2012
THE VALUE OF MY BALTIMORE PERSONAL INJURY CASE? Can an insured act in bad faith?
In another volume, we discussed the insurance company's obligation to act in good faith, and the consequences if they do not. Baltimore personal injury or accident lawyers are well aware that the insured person likewise has to act in good faith with regard his or her obligations under the policy. The insured person must notify the carrier of a possible claim, provide all relevant information, and cooperate [e.g. show up at trial, respond to discovery]. The penalty for not doing so is a "disclaimer" of coverage. Baltimore personal injury or accident lawyers know that before a carrier can unilaterally decide not to cover its insured, the must show that the were harmed by [legally: suffered prejudice] by the bad faith of the insured.