What is insurance bad faith under Colorado law?
Insurance bad faith is a legal term which means that an insurance company has acted unreasonably or unfairly in the payment of a claim. Under the Unfair Claims Settlement Practices Act in Colorado, insurance companies are required to act in good faith by following these practices:
- The insurance company must acknowledge your claim.
- The insurance company must act promptly in response to your communications.
- The insurance company must investigate your claim promptly.
- The insurance company must not delay the process with extra forms.
- The insurance company must provide plausible reason for delays or non-payment.
- The insurance company must evaluate your claim fairly.
- The insurance company cannot deny your claim without giving a valid reason.
If you’re having difficulty getting a claim paid by your insurance company, then you may need legal counsel. Be especially concerned if the insurance company explains its denial of coverage by relying on an obscure passage in your policy, hoping that you may not understand the full extent of your coverage. The Law Office of Gregory A. Hall has dealt with many insurance companies, and understands the complicated language found in most insurance policies. Denver Lawyer Gregory Hall can help determine what events your policy covers and the amount your insurance company owes you.
If you have an insurance policy and you believe it covers an event, then to determine if you are entitled to the insurance benefits as set forth in policy you should begin by reviewing your policy. If you don’t have a copy of your policy, then write your insurance company and request a complete copy of your policy, as well as a copy of your file. If after reviewing the policy you’re convinced that your claim is legitimate and your insurance company has unreasonably refused to pay the claim, or has unreasonably delayed payment, you should not delay in seeking legal counsel from Denver Personal Injury Lawyer Gregory A. Hall.
The financial cost for an auto accident in the state of Colorado is the responsibility of the insurance company that covers the driver who is at fault. If you are hurt by a negligent driver, you can expect compensation for your losses and expenses, including:
- Medical expenses
- Lost wages
- Loss of earning capacity
- Repair costs
- Emotional trauma, mental anguish
- Pain and suffering
- Physical or mental disability
- Embarrassment and humiliation
- Disfigurement and permanent scars
- Loss of enjoyment of life
- Loss of love and affection
- Out of pocket expenses relating to the accident
- Loss of home services, such as inability to maintain the upkeep of your home
If you or a loved one has been injured in an auto accident and your need help sorting out your claim or obtaining benefits, contact Denver Personal Injury Attorney Gregory Hall for a free consultation:
Gregory A. Hall
A Denver Personal Injury Attorney
3570 E. 12th Avenue, Suite 200
Denver, CO 80206
The information on this website is not legal advice.