An insured owes an insurance company a duty of good faith.Insurance companies must also act with utmost good faith towards their insureds.The duty owed by the company to the insured requires,at the very least

Question

Quizplus · Accepted Answer

The duty of good faith requires the insurance company to promptly and fairly handle claims from their insureds. This includes investigating claims to determine their validity, but it does not require the retaining of experts or an independent investigator for every claim. Additionally, there is no requirement to immediately pay a claim without investigation, and the standard of evidence is not beyond a reasonable doubt, as this is a criminal law standard.

An Insured Owes an Insurance Company a Duty of Good