If an insurance company has denied awarding the settlement you deserve, you are protected under state law. A Colorado law called the Unfair Claims Settlement Protection Act spells out the insurance company’s duties to its policyholders. Contact us today if an insurance company is not acting in good faith on your behalf.
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Insurance companies can be found to be engaging in unfair practices if they:
The definition of reasonable or unreasonable behavior varies from case to case, which is reason enough to request a free consult with CO Injury Law. We understand how to work within the parameters of the law to help you receive compensation when the insurance company has prolonged your case or refuses to pay.
If an insurance company is found to be acting in bad faith, they can be found liable for the benefits specified in the insurance policy as well as up to three times that amount. The company can also be required to pay reasonable attorney’s fees and costs.
If you believe your insurance company is acting in bad faith, contact us today. We’ll give you an informed perspective about how best to proceed. Call us today.