Colorado Springs Insurance Dispute Lawyers
In Colorado, insurance companies are legally required to owe a duty of good faith to the customers they insure. Often called the “implied covenant of good faith and fair dealing” this requirement automatically exists by operation of law in every insurance contract. If an insurance company violates that covenant, that company is acting in bad faith, and the policy holder may be able to seek restitution from the insurance company. If you feel that your insurance company is denying a legitimate claim, our Colorado Springs bad faith insurance lawyers may be able to help.
An Insurance Company’s Legal Responsibilities
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 with their clients.
If you feel that your insurance company is treating you unfairly, or is acting in bad faith, it might be in your best interest to contact an attorney. Your attorney will be able to give you a better idea as to whether or not your rights have been violated, and what the best possible course of action might be.
Contact Our Colorado Springs Bad Faith Insurance Attorneys
The Rector Law Firm offers free consultations. We’ll answer your questions, and let you know if you have a case. Our office is committed to providing the best legal service available. Our attorneys are natives of Colorado and have over 75 years of combined experience dealing with insurance companies, and representing victims of personal injuries. Call (719) 578-1106 or fill out the contact form on our website.
“I debated for a long time about getting a lawyer after an accident. Finally, when it looked like my own insurance company was letting me down, I was referred to Dan Rector and the Rector Law Firm. I found everyone there to be helpful, communicative and responsive to my concerns and upsets. It did actually feel like I had someone on my side who did the conflict resolution for me. They definitely helped with the stress of it all and finally got me a settlement that was beyond anything I could have done on my own and that allows me to get the treatment I want for an on-going issue. I would not hesitate to recommend this firm to anyone needing legal help after an accident.” – C. Schik