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Madison, United States Attorneys in related practice areas.
Insurance law governs the contractual relationship between insurance companies and their policyholders. It regulates the making and enforcement of insurance policies, the liabilities of the parties involved, and dispute resolution measures. In Madison, as well as the broader state of Wisconsin, insurance law covers a plethora of insurance categories, including but not limited to, auto, life, health, property, and business insurance.
Insurance issues can become complex, and having a lawyer can be beneficial for several reasons. If you're involved in a dispute with an insurance company regarding a claim, a lawyer can guide you through the process, ensure your rights are protected, and negotiate on your behalf. If you're a victim of an insurance company's bad faith practices or if you need to understand the complex language in insurance policies, a lawyer can provide invaluable assistance. Lawyers are also crucial when drafting or reviewing insurance contracts, or setting up insurance components of a business structure.
In Madison, and throughout Wisconsin, insurance laws are governed by the state's statutes and regulations. All drivers are required by law to have minimum auto insurance coverage. The state also follows a "comparative fault" rule in car accident cases, where you can have your damages award reduced by a percentage equal to your share of the fault. Homeowners’ insurance laws in Wisconsin offer protections for consumers from policy cancellation or non-renewal. Insurance companies also can't deny a health insurance claim without a reasonable investigation, as that could be considered an act of bad faith.
Bad faith practices can include denying a claim without a reasonable investigation, delaying claims processing unnecessarily, failing to communicate pertinent information to the claimant, or trying to settle claims for less than they are worth.
Yes, all drivers in Wisconsin must carry minimum liability insurance, uninsured motorist coverage, and underinsured motorist coverage.
An insurance company can cancel a policy for reasons such as non-payment of premiums, fraud, or substantial changes to the insured property. However, they must provide a notice period, and they cannot cancel solely based on age or due to a single claim within a year.
If your claim is denied, seek a detailed explanation from the insurance company. It's advisable to have an attorney review this information to determine if the denial was legitimate or an act of bad faith.
It means when an accident occurs, each party involved may have a percentage of fault assigned to them. Any damages awarded to you would then be reduced by the percentage equal to your fault.
The State of Wisconsin's Office of the Commissioner of Insurance (OCI) provides information about different types of insurance, regulations, and how to file a complaint. The State Bar of Wisconsin also provides resources on understanding insurance law and offers a Lawyer Referral program.
If you require legal assistance with an insurance matter, it is advisable to consult with a legal professional experienced in insurance law. Collect all pertinent information such as policy documents, claim details, communication with the insurance company, etc. Be prepared to discuss your issue in detail. If you aren't already working with a lawyer, the State Bar of Wisconsin's Lawyer Referral program can help you find one proficient in insurance law.
