Colorado has some excellent laws on the books to protect customers of insurance companies. Once you notify your insurance company of a claim, they have a duty to promptly evaluate the claim and to pay out what is fairly owed to you, as the insured. The standard for when a company is acting in bad faith, or unreasonably delaying or denying benefits, is not black and white, but depends on the circumstances of each individual claim. These variables include the nature of the accident, the amount of damages, whether an injured person had a pre existing condition, and even the amount of insurance coverage available.
If you feel like your insurance company is treating you unfairly in evaluating your claim, by either paying out less than you feel they owe, taking too long to make an offer, or even outright denying payment all together, reach out to an experienced bad faith insurance attorney at Rector Stuzynski LLC for a free consultation and advisement.
If you have a valid insurance claim, you might be confused as to why the insurance company is investigating your claim so much. This is very common when an insurance company suspects fraudulent activity or has reason to believe your claim is being made according to an event that may not have actually happened. There are so many fraudulent claims that it is very normal for insurance companies to investigate even the smallest claims so that they can make sure they are only paying out settlements on valid cases.
In many cases, there may be delays due to the insurance adjuster’s schedules and availability, especially during times where there were a significant amount of other parties who were affected by the same incident. Other times your insurance company may just be waiting to get information from a police report or are still trying to track down the individuals who were at fault in your case.
There are many different reasons that your insurance company may be stalling, and some of them may amount to bad faith. Generally, a quick conversation with an experienced attorney can shed some light in tbe situation. At Rector Stuzynski LLC, we are happy to set aside time to talk to you about your potential bad faith insurance claim and give you the expert advice that we are known for. Initial consultations are always free, and our firm will not charge for bad faith insurance claims unless we recover money for you.
At Rector Stuzynski LLC, we have been fighting insurance companies for decades. We know exactly how to handle them so that they have to pay out the full amount and on time. We successfully recover millions of dollars every year for our clients and we would be happy to help you get what the insurance company owes you. So if you think your insurance company is acting in bad faith, give us a call today for a free consultation at (719) 578-1106 anytime or feel free to stop by our Downtown Colorado Springs office to speak directly with one of our attorneys.
We serve clients charged with crimes or injured anywhere throughout the state of Colorado, but we focus on residents of these areas: Colorado Springs, Manitou Springs, Fountain, Monument, Black Forest, Pueblo, Canon City, Larkspur, Security-Widefield, Peyton, Castle Rock, Teller County, El Paso County, Elbert County, Park County and beyond.