Union County Insurance Broker Malpractice Lawyers

An insurance broker malpractice lawsuit can be a complex matter, which is why you want an experienced and knowledgeable team of lawyers to fight for your rights.

Whether it’s there to cover the costs of damage to your home, protect you when you have been in a motor vehicle accident, or minimize your losses with respect to other personal property, insurance offers comfort, security, and the confidence that you won’t be personally responsible for major losses. When you’ve experienced uncovered losses due to gaps in coverage caused by the carelessness or negligence of an insurance broker, you have a right to take legal action to recover compensation. Product liability claims often arise on construction sites when defective equipment or tools lead to injuries, and it’s crucial to understand your rights in such situations.

At Lee Law Firm, LLC, we have aggressively advocated for individuals and businesses across New Jersey for more than three decades, including clients who have suffered losses because of insurance broker malpractice or negligence. We’ll use our considerable skills, knowledge, experience, and resources to help you pursue full and fair compensation for all your losses.

A highly experienced litigator, Mr. Lee has been certified as a Civil Trial Attorney by the New Jersey Supreme Court since 2005. He’s been designated a New Jersey Super Lawyer, received an “Excellent” rating from Avvo, and named among the nation’s “Top One Percent” by the National Association of Distinguished Counsel.

When You Have Suffered Losses Because of Insurance Broker Malpractice

At Lee Law Firm, we have extensive experience handling a wide range of insurance disputes. We have worked with many insureds, helping protect their rights after careless or wrongful conduct by insurance companies, adjusters, brokers, and agents after a personal injury. We can help you when:

• A broker or agent failed to put insurance in place
• A broker or agent sold you the wrong policy or a policy with the wrong coverage
• You have experienced an uncovered loss because of a gap in your insurance caused by the negligence of a broker or agent
• An insurance company wrongfully refuses to pay a claim or wrongfully refuses to pay the proper amount or value of a claim
• Your broker or agent failed to inform you at the time you bought the policy about exclusions or gaps in your policy, and you suffered an uncovered loss as a result

Contact Our Insurance Broker Malpractice Lawyers

We offer a free initial consultation to every prospective client. Appointments are available evenings and weekends, if necessary. We have offices conveniently located in Springfield and Newark, and we’ll also travel to your home or the hospital for a consultation. Contact our insurance broker malpractice lawyers for a free initial consultation today.

Insurance Broker Malpractice FAQ

What constitutes insurance broker malpractice?

Insurance broker malpractice can include failure to secure appropriate insurance, selling a policy with gaps in coverage, or not informing you of policy limitations that lead to uncovered losses. In New Jersey, our firm specializes in holding such professionals accountable for their actions.

Can I file a lawsuit for insurance broker malpractice in Newark?

Yes, if you’ve suffered losses due to an insurance broker’s negligence or wrongful actions, you may have grounds for a lawsuit. Our Newark-based insurance broker malpractice lawyers can assess your situation and advise you on the best course of action.

Can I sue my insurance broker if my claim was denied?

Yes, if the denial was caused by your broker’s negligence in securing or explaining coverage. For instance, if you requested flood insurance but your broker only sold you general homeowner’s insurance, the broker may be liable. The key issue is whether the broker’s failure caused your lack of coverage. Attorneys often compare your stated requests with the policy you received. If there’s a mismatch, it can form the basis of a malpractice claim. This helps you recover damages even if your insurer lawfully denied the claim.

What damages can I recover in an insurance broker malpractice case?

You may recover the amount you would have received had proper coverage been in place. This includes compensation for denied claims, out-of-pocket expenses, and sometimes consequential damages. Courts may also award interest or additional penalties depending on the broker’s conduct. In some cases, lost business opportunities due to lack of insurance may also be compensable. An attorney will calculate your total financial losses related to the broker’s negligence. This ensures you are made whole as if the proper coverage had existed.

Why choose our firm for your insurance agent malpractice attorney needs?

With over three decades of experience in New Jersey, our attorneys have the knowledge and expertise to navigate the complexities of insurance malpractice cases. If you’re facing difficulties due to an insurance agent’s negligence, reach out to us. We’re here to ensure you receive the compensation you deserve.

Additional Information & Resources

• New Jersey Division of Insurance: This state department oversees the various types of insurance regulated within New Jersey, ensuring that insurance products and rates comply with regulations and that financial solvency is maintained among licensees.
• Unfair Claims Settlement Practices: This regulation outlines the standards and practices that must be adhered to in the settlement of insurance claims, ensuring fair treatment of consumers