Bad Faith Insurance Attorney in Denver
Often referred to as bad faith insurance, there can be many different ways that insurance companies can breach the terms of their insurance coverage policies. In some cases, they will claim that the policy terms do not cover a particular type of loss. Others may attempt to settle your claim for less than it is worth or fail to defend you against a particular claim. If you’ve been in a car crash, you know to call a top Denver car accident lawyer. But who do you call if your insurance company acts in bad faith? One of the best bad faith insurance lawyers in Denver, of course.
WHY SHOULD YOU CHOOSE THE PAUL WILKINSON LAW FIRM FOR YOUR BAD FAITH INSURANCE CLAIM IN COLORADO?
At the Paul Wilkinson Law Firm, we know that you have options for finding the right personal injury attorney for your bad faith insurance claim. But we know that our experience, dedication, and commitment to every case sets us apart from any other personal injury firm in the area.
Why should you call our experienced personal injury law firm when your insurance company has been acting in bad faith?
What is Bad Faith Insurance?
Bad faith insurance is when an insurance company breaches its policy agreement. When you sign up for an insurance policy (whether it’s for your car, house, or life), you’re actually entering into a legal contract. This agreement ensures you will pay for your policy and that the insurance company will honor and pay out any valid claim. Like any contract, it works both ways.
It seems simple, right? Sadly, this isn’t always how things work out. Anyone who knows how insurance companies work knows that these giant corporations don’t make money by paying out on claims.
While insurance is designed to protect your interests, insurance companies are still for-profit companies – meaning they’re trying to make money. The most effective way for these companies to make money is by minimizing their payouts.
Bad faith law is a specialized practice area designed to protect you when your insurance company refuses to honor their agreement. When your insurance company refuses to pay out on a covered loss, refuses to pay the full amount, delays payment, or simply makes the process too lengthy or complex, you may want to reach out to a bad faith insurance attorney.
When Should You File a Bad Faith Insurance Claim?
Knowing when to file a bad faith insurance claim isn’t always clear. It can be hard to know if your insurance company may be acting in bad faith. Unlike other types of personal injury cases, such as a texting while driving accident, it isn’t always obvious when your insurance company is being deceptive.
That’s where it pays to have a specialized attorney who understands bad faith insurance. Insurance codes and laws are confusing and complicated. Many of us simply make monthly payments on our policy and assume the insurance company will do the rest. Sadly, this is not always the case.
You don’t have to navigate this alone.
If you’ve submitted an insurance claim that you believe is covered in your policy agreement, your insurance company could be obligated to honor that claim.
If the insurance company is refusing to pay a claim in Colorado, offers only partial payment, or excessively delays paying, this could be bad faith insurance. It’s important to remember that this isn’t your insurance company being lazy or disorganized — this is illegal. The legal system is designed to protect you from this type of abuse.
GET SOME OF THE LEADING COLORADO BAD FAITH INSURANCE ATTORNEYS ON YOUR SIDE.
OUR EXPERIENCED DENVER BAD FAITH INSURANCE LAWYERS WILL GET YOU THE MAXIMUM COMPENSATION YOU DESERVE.
WHAT ARE SOME EXAMPLES OF INSURANCE BAD FAITH?
What constitutes bad faith? Bad faith insurance claims can take many shapes and forms. This makes it even more confusing to know exactly what bad faith insurance looks like and whether or not you have a case. Although state laws concerning bad faith insurance tend to vary from state to state, below are some of the most common bad faith insurance examples under Colorado law:
- Denying a valid claim without cause (such as a car accident claim).
- Paying less money than a claim is worth.
- The insurance company is refusing to pay the claim.
- The insurance company is delaying payment or processing of the claim.
- Failing to complete a thorough investigation of a claim.
- Misrepresenting the language of the policy.
- Failing to fulfill requests for documentation.
If you believe your insurance company is guilty of any of these scenarios, or you feel that your insurance company is not upholding their end of the bargain, you should reach out to our experienced bad faith insurance attorneys to see if you have a case. It only takes one phone call to find out.
If Your Insurance Company Has Unfairly Denied Your Claim, Don’t Give Up. Get a Lawyer.
NO FEES UPFRONT. I ONLY GET PAID IF YOU DO.
HOW DO YOU PROVE A BAD FAITH INSURANCE CLAIM?
To prove a bad faith insurance claim, you need evidence that your insurance company, without a sound or valid reason, refused to compensate you for a covered loss that is detailed in your policy. Essentially, you need to prove that they broke the contract by not upholding their end of the agreement.
Under Colorado insurance law, a bad faith insurance claim can generally be classified as a breach of contract, common law bad faith, or statutory bad faith. While each of these classifications is unique, the evidence that you will need to provide is similar to proving a bad faith insurance claim.
WHAT ARE THE TYPES OF DAMAGES YOU CAN RECOVER IN AN INSURANCE BAD FAITH CASE?
If you have a successful bad faith insurance claim, the courts will ensure that your insurance company pays out on your policy claim. However, you may not realize that your insurance company might be on the hook for much more than that.
Depending on the scenario, your insurance company may be required to cover other types of damages, including the following:
1. ATTORNEY FEES
Your insurance company may be forced to pay your legal team’s partial or full fees.
2. PUNITIVE DAMAGES
These types of damages are determined by a judge when the defendant’s actions have caused excessive harm.
3. EMOTIONAL DISTRESS
Going through a bad faith insurance lawsuit is complicated, stressful, and time-consuming. While an experienced legal team can help, a judge may still find that you should be compensated for the emotional distress.
4. STATUTORY PENALTIES
When a defendant knowingly disobeys a law or regulation, it’s classified as a statutory violation, which may mean an insurance company must pay statutory penalties.
Remember, however, that every case is unique, and there is no guarantee of recovering compensation for these types of damages. Consult with our bad faith insurance attorneys if you want to learn more about your individual case.
GET YOUR FREE BAD FAITH INSURANCE CONSULTATION TODAY
NO UPFRONT COSTS. WE ONLY GET PAID IF YOU WIN.
NOT EVERY CLAIM DENIAL IS MADE IN BAD FAITH
It’s important to remember that not every denial of a claim by your insurance company is done in bad faith. Often, there is a valid reason that your claim is denied—this type of suit is truly on a case-by-case basis. That’s why it’s essential to read and understand your insurance policy.
WHY CHOOSE OUR Denver BAD FAITH INSURANCE ATTORNEYS?
Due to my years of experience, I have a complete and thorough understanding of the protections provided by your insurance company. I know what steps to take when your insurance company unfairly denies you access to your paid coverage.
Not only that, but I also dedicate my entire Denver personal injury law firm to resolving your bad faith insurance claims. We are a fully committed team that understands how insurance companies work. We know their moves — we’ve seen it all before. That’s why you should consider calling us if you think you may be the victim of bad faith insurance.
What Our Clients Have to Say:
TALK TO AN EXPERIENCED BAD FAITH ATTORNEY
If you feel that your insurance company isn’t holding up their end of the bargain, it’s time to take action. Whether that’s a failure to pay out on a claim, failure to pay the full amount, delayed payment, or they’re simply making it too difficult to understand your claims process, you may be the victim of bad faith insurance.
At the Paul Wilkinson Law Firm, LLC, we’ve won countless bad faith insurance cases and we aren’t afraid to take the big insurance companies to court. We’re dedicated to fighting for you to ensure you receive the fair compensation guaranteed by your policy.
If you’ve faithfully paid for your insurance policy, and suspect your insurance company is not honoring your claim, don’t delay. Call Paul at the Paul Wilkinson Law Firm at (303) 333-7258 or fill out a confidential contact form. Get your free 15-minute consultation today.