Insurance Bad Faith Cases with a Contingency Agreement
July 24, 2020
Are you a policyholder thinking of suing your insurance company, but worried about how to pay for quality legal representation?
Consider a contingency fee agreement, meaning that the attorney fee is calculated as a portion of any settlement or judgment at the conclusion of the case, not on an hourly basis. Contingency fee agreements are generally associated with injury cases but can be used in insurance bad faith cases as well.
This type of fee agreement may be ideal for policyholders who have significant claims against their own insurance companies. It also means that anyone with a legitimate case may be able to hire an attorney, not only the wealthy.