Insurance Law IT'S ALL ABOUT THE RIGHT CHOICE

Albuquerque Insurance Attorneys

Representing Albuquerque Individuals, Families, and Businesses in Insurance Disputes

The last thing you need when dealing with the damaging consequences of a natural disaster is your insurance company refusing to pay you what you are owed under your policy. You depend on your provider to help you financially recover after these catastrophes, but too many insurance companies resort to bad faith practices in an effort to protect their bottom lines.

If your insurance claim has been unfairly denied or you have been offered an unacceptably low settlement, turn to Potts Law Firm. We are ready to take on insurance companies that act in bad faith and will fight to get you the money you deserve. Every dollar counts, and with over $1 billion recovered for our clients, our Albuquerque insurance lawyers are confident we have the power, experience, and skills needed to deliver the best possible outcome.

If you are struggling to navigate an insurance dispute, schedule a free initial consultation by contacting us online or calling (505) 305-1283. Our firm offers same-day appointments and provides services in English and Spanish.

When Is Considered Insurance Bad Faith in New Mexico?

You should not have to fight an insurance company to get what you are owed. The process should be as simple as documenting your losses, filing a claim, and promptly receiving the money you need to recover. After all, insurance companies have a legal obligation to honor the agreement they make with policyholders. When you pay premiums on a policy, your provider promises to give you compensation for losses covered by the policy.

The frustrating reality is that many insurance companies assume that their policyholders are not aware of their rights or do not have the resources to combat bad-faith tactics. They act in bad faith when they fail to hold up their end of the bargain and have no legitimate basis to deny or underpay a claim.

Examples of bad faith insurance practices include:

  • Denying an insurance claim for no justifiable reason
  • Refusing to pay a legitimate insurance claim for no justifiable reason
  • Delaying the payment of a legitimate insurance claim for no justifiable reason
  • Failing or refusing to conduct a sufficient investigation into an insurance claim
  • Delaying an investigation into an insurance claim for no justifiable reason
  • Modifying an insurance policy’s terms after a claim has been filed
  • Offering an unacceptably low settlement for an insurance claim that warrants a greater level of compensation
  • Failing or refusing to communicate with the policyholder in a timely manner
  • Making inappropriate or unreasonable demands of the policyholder

Do not wait to get legal support if it becomes clear that your insurance company is not going to treat you fairly. Our Albuquerque insurance attorneys are prepared to advocate for you and will make every effort to facilitate a swift, favorable resolution.

    Let us put our over 250 years of combined legal experience to work for you. Call (505) 305-1283 or contact us online today.

    It's All About Your Recovery

    Hear From Our Past Client's
    • I had a wonderful experience with this law firm.

      “They were able to complete it in a timely manner and were great at keeping me up to date with communication throughout the entire process. I highly recommend using this law firm if the need arises.”

      - Stephen P.
    • I wouldn’t hesitate to recommend him or any of the team at Potts.

      “Michael Bins has been extremely helpful in helping us to navigate a situation with an insurance claim on a commercial property. He’s gone above and beyond in moving our case toward a positive resolution that we’re satisfied with.”

      - Theo C.
    • The Potts Law Firm is a powerhouse of brilliant attorneys.

      “They know the law from every angle, dig deep, and will not accept anything less than what was asked in the original suit. The Potts team never backed down until the case was settled in full.”

      - Molly H.
    • I highly recommend Adam and Potts Law Firm

      “From the first meeting, Adam made me feel like he had my best interest at heart and took care of everything.  I can't say enough good things about how helpful, professional, and caring Adam was to me.”

      - Mary H.
    • I would recommend Potts Law Firm for any and all legal matters that come my way in the future!

      “The Potts Law Firm answered all of my numerous questions in layman’s terms which is what I needed. I was able to lie back & heal from my injuries knowing full well that my obligations were being handled appropriately.”

      - W. Gary

    it's all about your best possible result

    Explore our past successes
    • ERISA Class Action Settlement $36 Million

      T. “Micah” Dortch served as class counsel in the ERISA class action, Diebold, et al. v. Northern Trust Investments, N.A. et al., 09-Civ-1934 (Diebold), in the United States District Court for the Northern District of Illinois where the Court approved a collective settlement of $36 million dollars for class representatives resulting in millions of dollars returned to investors.

    • Fraud Against Lender $10.7 Million

      “Micah” Dortch and Chris D. Lindstrom represented a United States Bankruptcy Trustee. The case stemmed from the massive bankruptcy of Royce Homes, one of the largest homebuilders in the country.  Micah and Chris represented the bankruptcy Trustee against a multitude of defendants, including the chief Lender,  for claims related to the homebuilder’s downfall and the fraudulent transfer of assets from the rightful owners, the creditors.

    • CEO Fraud $20 Million

      “Micah” Dortch and Chris D. Lindstrom represented a United States Bankruptcy Trustee in C.A. No. 4:11-cv-3700; Rodney Tow vs. Amegy Bank, John H. Speer et. al, in the United States District Court for the Southern District of Texas.  After over Ten Million Dollars in pre-trial settlements with various defendants, the case proceeded to trial against the target defendant with an ultimate verdict in favor of the Plaintiff.

    What Types of Damages Can I Recover?

    You must not wait to explore your legal options if there are signs your insurance company is not going to pay you what you deserve. Under New Mexico law, the default statute of limitations for insurance dispute litigation is six years. This means you could have up to six years from the date of the covered event to take legal action against an insurance provider acting in bad faith.

    In many situations, however, you will have significantly less time to start the legal process. Insurance companies operating in New Mexico have the right to reduce the amount of time you have to take legal action if they include the provision as a term of your policy. In other words, your insurance company could specify that you only have one year to file a lawsuit should a dispute arise, and the state will generally enforce that modified time limit.

    It is thus extremely important that you get in touch with Potts Law Firm as soon as you begin to suspect your provider is acting in bad faith. We can review the specific language of your policy and work to ensure you do not miss a deadline. Protecting and enforcing your right to recover just compensation is our top priority. Our Albuquerque insurance lawyers will fight to get you compensation for:

    • Contract damages (what you were owed under your policy, plus any applicable interest)
    • Extracontractual damages (money to cover any financial consequences resulting from your provider’s failure to treat you fairly, including both economic and non-economic losses)
    • Punitive damages (additional money meant to discourage the insurance company from behaving similarly in the future)

    IT'S ALL ABOUT YOUR SUCCESS

    Work With an Award-Winning Legal Team
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