Loveland Bad Faith Insurance Lawyer
Insurance Companies That Act In Bad Faith
When an insurance company acts in bad faith by unreasonably delaying or denying payment to an individual, that’s where Colorado law comes into play. Under state law, insurance companies are prohibited from acting in bad faith toward individuals entitled to insurance benefits, and there are protections in place for policyholders. If you believe an insurance company is acting in bad faith towards you, our Loveland attorneys can help you reach an effective resolution as quickly as possible.
Understanding Colorado’s Insurance Bad Faith Laws
Colorado has laws in place to penalize insurance companies who act in bad faith. For example, if you are injured in a car accident and the insurance company of the person at fault unreasonably delays or denies your claim, you may be able to seek damages.
An insured individual may also seek damages against their own insurance company if they unreasonably delay or deny payment of a claim and the insurance company knew it was acting unreasonably. For example, this situation might arise in a home repair, where the homeowner's insurance company unreasonably delays benefits for storm damage.
Colorado also has statutes in place to protect insured individuals from having their claims unreasonably delayed or denied by their own insurance company, and that provide for specific penalties for an unreasonable delay or denial.
Turn to Jorgensen, Brownell & Pepin, P.C.
If you believe an insurance company is giving you the run-around on your claim, contact JBP for a case evaluation. Our reputable full-service law firm has handled many insurance bad faith claims in Loveland and beyond. We have the resources necessary to take on insurance companies, hold them accountable, and ensure you receive the benefits to which you are entitled.
I would like to give a big thank you to Matthew Crowther and his paralegal, Nicolas Allen, for doing a great job on my case. They settled for more than I expected and were always available when I had questions. I would highly recommend them and would go back to them if needed. Thank you again.