Denver-based Fuller Law is Helping Injured People Dispute Bad Faith Insurance Companies
Negotiating settlements with an insurance company on your own is daunting and can lead many to settle for less than they deserve. At the end of the day, insurance companies are for-profit businesses that will do what they can to pay out as little as possible. However, just because they may work in their own interests doesn’t mean that they aren’t held to a level of responsibility as defined by the contracts they agree to with their clients. Insurance companies will sometimes put their interests ahead of those they insure and deny claims that deserve to be paid or refuse to pay the full amount; this is called Bad Faith conduct. That is why it is important to have an expert insurance claim legal team on your side when dealing with a claim dispute after an auto accident.
Our Denver insurance settlement lawyer has experience with both life and medical insurance dispute cases. Whatever your dispute, our team has the confidence and expertise to claim the settlement you deserve. Don’t be pushed around by insurers. Hire an insurance claims attorney, and receive the settlement you deserve after an auto accident with Fuller Law in Denver.
What is Bad Faith?
Not every insurance company is honest, and some will engage in Bad Faith behavior. Bad Faith is the purposeful failure of either party to fulfill their obligation. Insurance companies that try to cheat and deny claims they should have paid or will only pay out less than the full value of what the claim are showing Bad Faith conduct. They might even exert undue influence over a Denver claimant by denying the processing of a claim.
In Colorado, Bad Faith Claims arise from three distinct types of conduct:
- Statutory bad faith: Colorado has enacted laws that penalize insurance companies for the unreasonable delay or denial of claims. C.R.S. cites makes the insurance company liable for two times the covered benefit if they violate the standards set forth.
- Breach of contract: Colorado Courts recognize a common law claim for bad faith. This claim arises when an insurance company breaches its contract to provide coverage or otherwise fails to live up to its contractual obligations to its insureds.
- Liable insurance company bad faith conduct: Another distinct application of Bad Faith law occurs when a claimant has made a claim for damages against a negligent driver and has offered to accept the full policy limits of the negligent driver’s insurance policy, and the insurance company fails to pay those limits. When that occurs, and a jury later enters judgment for an amount greater than the limits, that insurance company will most likely be responsible for the full jury award because the company placed its interest ahead of its insured by failing to pay the limits when it had the chance.
Victims of insurance bad faith do have options to pursue companies under Colorado insurance bad faith law. Contact the office of Fuller Law today to set up a free initial consultation.
How Do I Know if I’m Dealing With a Bad Faith Insurance Company?
A lot of people like to give others the benefit of the doubt. However, don’t let this cloud your judgment: an insurance company is a business, not a person. If any of the following sound familiar to you, you may be dealing with bad faith insurance claims:
- Delaying payouts for approved claims
- Refusing to cover a claim fully
- Refusing to cover death by a life insurance policy
- Refusing to pay for storm damage when all your neighbors were covered
- Dragging out an evaluation of a claim by involving multiple adjusters
- Maliciously twisting policy language to avoid payment
- Failing to investigate a claim adequately
- Purposefully offering a low settlement
- Promising that a claim will be covered then refusing to cover it
- Insisting that changes be made to a property to make it insurable, then refusing to cover costs of repairs
If any of these sounds like your situation, you may be dealing with a malicious insurance company. Our qualified bad faith insurance lawyer will dedicate their time and energy to making sure you get the compensation you deserve.
Do I Need a Lawyer to Fight a Bad Faith Insurance Company?
Whether you’re still waiting for a promised settlement or having difficulty having your case recognized by an insurer, Fuller Law’s insurance claims team has the legal experience to fight on your behalf. With our Denver insurance settlement lawyer, you can rest assured you are being represented to the fullest. Our insurance claims legal team learns the ins and outs of every case and brings the full weight of our experience to your aid. Receive the representation you need and the settlement you deserve with our Denver medical and life insurance claims lawyer today!
Is Fuller Law the Best Fit for My Bad Faith Insurance Dispute?
If you or a family member are the victims of Bad Faith conduct from insurance agencies in Colorado, get the Fuller Law Team on your side today. Our team of legal professionals is ready to begin working on your case today. We offer free, no-obligation consultations on the phone, in person, via free video conference, or even hospital visits if necessary. Contact us today and experience the Fuller Law Advantage for your Denver, Colorado case.
How Do I Contact Fuller Law?
Being involved in an accident can already be devastating to the victim. And when their insurance company refuses to pay, it can feel like being victimized all over again. If this sounds like your situation, do not hesitate to contact a qualified insurance disputes attorney for support in your case. Our experienced personal injury attorney has handled many different types of personal injury cases throughout Colorado, including cases involving bad faith insurance companies, and is prepared to fight for you and your family. Our office is located in Denver, but we can be reached both online and over the phone.
For a free consultation, contact our law firm at 303-597-4500.