Because an insurance policy is a contract, any dispute implicating an insurer’s bad faith will involve the meaning of the words in the insurance policy. This is true no matter the type of bad faith at issue. Construction and interpretation of an insurance policy come into play in statutory bad-faith cases brought under O.C.G.A. § 33-4-6 as well as in bad-faith cases under the common law. Below we will look at the types of bad faith insurance.
Types Of Bad Faith Insurance