If you have an insurance company that you think may be operating in bad faith, you need an experienced attorney to help you get full compensation. At Rector Stuzynski Law Firm we excel at holding insurance companies accountable and getting them to pay their fair share when the time comes. There are a lot of hoops to jump through to get them to pay up, but with the right approach, it can be done. Just make sure you have a great Colorado Springs bad faith insurance lawyer on your side to make it easier and increase your chances of coming out on top.
Insurance companies are notoriously bad about paying a reasonable amount on all types of claims, but there are a few specific types of claims that our law firm will handle for our clients. Some of those cases are:
By law, insurance companies owe a variety of duties to their policyholders. They must investigate and pay claims in a prompt manner. They also must communicate regularly with policy holders regarding the status of their claims, and provide a reasonable explanation of any claim denial, or offer a settlement. While numerous other legal duties are included in the actual law, the goal of the law is to ensure that insurance companies act in a fair and transparent way toward their policyholders.
If an insurance company does not handle a valid claim in the proper timely manner, we are prepared to hold them responsible for any actions taken in bad faith.
Under certain insurance policies you might have, your insurance carrier is required to act in good faith toward you. This means your insurer has a duty to treat you fairly when assessing the validity of any claims you file following an accident or personal injury. If your insurance company acts unreasonably or unfairly in handling a claim, it may be liable for bad faith. Some of the Insurance bad faith claims may involve:
An insurance company may use many different tactics to deny, delay or underpay on a claim, such as using unreasonable interpretations of policy language to accomplish a certain result, or purposefully undervaluing property damage or the costs of medical treatment to pay less on a claim.
Here at Rector Stuzynski Law Firm, we are fully aware of the means insurance companies use to avoid paying policyholders the maximum value of their claims, and can determine if underhanded methods were used in your case.
If a court finds that an insurance company acted in bad faith, a policyholder may be able to recover not only withheld policy benefits, but also damages arising from the insurance company’s bad faith acts. For example, you may be able to recover for emotional or physical distress if the insurance company’s unreasonable denial or delay of a valid claim led to life-altering misfortunes, such as loss of property or the inability to receive needed medical care.
If you feel your insurance company has not honored the terms of your insurance policy, or has otherwise handled an insurance claim in an unfair or unreasonable manner, please contact us here at Rector Stuzynski Law Firm in Colorado Springs for a free initial consultation. We have specific experience handling insurance bad faith lawsuits, and have helped many clients receive maximum benefits under their policies, as well as additional compensation for mistreatment.
If you have a valid bad faith claim, then you will be entitled to damages which can come in two forms. Economic and noneconomic damages. These can be broken down into damages that can be measured in numbers financially and noneconomic damages would be other damages that don’t have a specific price tag. Let’s take a look at some of these.
Economic Damages – Damages such as costs to cover medical bills incurred from the bad faith claim that weren’t covered, loss of wages because of not being able to work, attorney’s fees and any other monetary damages incurred from the result of your insurance company not paying your claim.
Noneconomic Damages – Things that don’t have specific numbers attached to their value would be considered noneconomic damages such as pain and suffering, emotional distress and more.
This article was written by Michael Stuzynski of Rector Stuzynski Law Firm. Michael is a decorated personal injury attorney that has been helping Colorado Springs injury victims get compensation since 2019. With hundreds of injury settlements under his belt, he is an expert in all areas of personal injury law and litigation.
We provide legal services for personal injury and accident victims throughout the state of Colorado, but we focus on clients in these areas: Colorado Springs, Manitou Springs, Cimarron Hills, Northeast Colorado Springs, Southeast Colorado Springs, Stratmoor, Fort Carson, Air Force Academy, East Colorado Springs, Old Colorado City, Pleasant Valley, Broadmoor, Stratton Meadows, Fountain, Northwest Colorado Springs, Gleneagle, Northgate, Briargate, Monument, Woodmoor, Black Forest, Pueblo, Canon City, Larkspur, Security-Widefield, Peyton, Falcon, Calhan, Castle Rock, Teller County, El Paso County, Elbert County, Park County, Douglas County and nearby cities.
We serve clients injured in the following zip codes: 80907, 80909, 80918, 80917, 80931, 80932, 80933, 80934, 80935, 80936, 80937, 80941, 80942, 80946, 80947, 80949, 80950, 80960, 80962, 80977 ,80995 ,80997 80901, 80912, 80904, 80915, 80905, 80910, 80923, 80922, 80919, 80920, 80916, 80939, 80914, 80951, 80924, 80927, 80938, 80906, 80840, 80829, 80902, 80809, 80841, 80911, 80908, 80929, 80819, 80921, 80925, 80132, 80926, 80913, 80863, 80817, 80831, 80133, 80930, 80860, 80814, 80813, 80118, 80106, 80928, 80866, 80816, 80808, 80104, 80116, 81008, 80864, 80135, 81240, 81007, 80109, 81290, 80107, 80108, 80425, 81215, 81221, 80117, 80827, 81212, 80134, 80835, 81003, 80131, 81226, 81001, 80138, 80125, 81002, 81009, 81010, 81011, 81012, 80124, 81244, 80126, 80820, 80130, 80163, 80433, 80129, 80833, 80112, 80832, 81025, 81005, 81223, 81006, 80470, 80127, 80122 and beyond.
