What sort of compensation can I win in a bad faith lawsuit.

If your insurance company is found to have acted in bad faith then compensation that can be obtained include:

  • Actual damages of the underlying claim, court costs, and attorney’s fees. If the insurance company acted “knowingly”, you can also obtain an additional award not to exceed three times the amount of your actual damages.
  • If your insurance company failed to meet the standard deadlines as dictated by the Texas Insurance Code, you can recover the amount of the claim plus interest at 18% per year and attorney’s fees.