When you take out an insurance policy, under the law you are owed the duty of utmost good faith. This means that both you and the insurer must act in the utmost good faith when you take out an insurance policy. This involves meeting your duty of disclosure by telling the insurer anything that is relevant before taking out an insurance policy.
For example, if you take out a motor vehicle policy you must tell your insurer if you have wheel and suspension modifications on your vehicle. By being open, honest and transparent you’re acting in the utmost good faith which will make it more difficult for an insurer not to pay your claim.
You don’t need to tell an insurer everything though. For example, you don’t need to tell them anything that they already know about you based on your previous dealings or anything that is common knowledge.
Our insurance law experts have experience and depth of knowledge in a wide range of insurance issues, claims, underwriting and policy disputes. We’ve helped clients who need legal advice on everything from complex commercial disputes to car accident claims and specialise in large, complicated and serious insurance matters. We don’t want to waste your time, so it’s worth knowing that we only take on insurance claims or disputes of more than $50,000. We have handled over 200 medium to large insurance claims with a 98% success rate. This means we have helped our clients to recover over $10 million in claims.
We understand how important it is to deal with insurance claims quickly while still being technically correct and responsive to your needs. Whatever type of insurance your claim relates to, our personal lawyers can: