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, providing specific penalties for an unreasonable delay or denial.

No Upfront Costs & No Recovery, No Fee

At Jorgensen, Brownell & Pepin, P.C., we accept insurance bad faith claims and statutory unreasonable delay and denial claims on a contingency fee basis; that means we don't get paid unless you do. We’re in this together! Our fee and the case costs we advance for you come out of the money we get for you. No recovery, no fee. It’s that simple.