Insurance Bad Faith

Boulder, Colorado, Bad Faith Lawyers

Insurance companies have changed from benefit centers to profit centers. As a result, insureds are encountering more and more problems with their coverage and benefits. You pay a premium with the expectation your insurance company will cover you and pay you in the event of a car accident. When an insurance company refuses to honor its policies, denies your claim, or delays your claim, this is a bad faith insurance practice.

If you have encountered a problem with an insurance claim, contact Attorney Larry D. Lee P.C. Connecting the dots between the law and justice, Mr. Lee strives to hold insurance companies accountable and get fair compensation for injured people.

Unfair Claims Settlement Practices Act

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.
• The insurance company must communicate with you.
• The insurance company must pay valid claims timely.

Insurance companies regularly deny or delay payment for no good reason. Mr. Lee can provide you with aggressive legal advocacy and stand up for your rights. When you have been injured in a car, trucking, motorcycle, or other accident, the policy you pay for should cover you and pay your valid claim. You deserve the peace of mind you bought.

Contact our firm if your insurance company is acting in bad faith.