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.
I had a wonderful experience with this law firm.- Stephen P.
I wouldn’t hesitate to recommend him or any of the team at Potts.- Theo C.
The Potts Law Firm is a powerhouse of brilliant attorneys.- Molly H.
I would recommend Potts Law Firm for any and all legal matters that come my way in the future!- W. Gary
Great law firm!- Hugo G.
ERISA Class Action Settlement $36 Million
Potts Law Firm 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
Potts Law Firm 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
Potts Law Firm 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.