Insurance Claim Dispute Lawyer in Lakewood CO
Disputing settlements with an insurance company is a frequent occurrence; negotiating with an entire company without an insurance claim lawyer is daunting and leads to many settling for less than they deserve. That is why it is necessary to have an expert insurance claim lawyer and team in Lakewood working for you when dealing with a claim dispute after a car accident. Our Lakewood team has experience with all aspects of claims negotiation. Whatever your dispute, we have the confidence and expertise to garner the settlement you deserve. Do not be pushed around by insurers, hire an insurance claims attorney, and have the settlement you deserve after an auto accident with Fuller Law of Lakewood.
What is Bad Faith?
Sometimes, insurance companies will cheat and deny claims they should have paid. Sometimes they put their interest ahead of their insureds and refuse to pay the full value that a claim should be worth. Sometimes insurance companies will delay the processing of a claim to exert undue influence over a needy claimant. This type of conduct is generally referred to as Bad Faith. Bad Faith is a failure of either party to fulfill their obligation.
In Colorado, Bad Faith Claims arise from three distinct types of conduct:
- Statutory bad faith: Colorado has enacted laws that penalize insurance companies for the unreasonable delay or denial of claims. C.R.S. cite makes the insurance company liable for two times the covered benefit if they violate the standards set forth.
- Colorado Courts recognize a common law claim for bad faith. This claim arises when an insurance company breaches its contract to provide coverage, or otherwise fails to live up to its contractual obligations to its insureds.
- Another distinct application of Bad Faith law occurs when a claimant has made a claim for damages against a negligent driver and has offered to accept the full policy limits of the negligent driver’s insurance policy, and the insurance company fails to pay those limits. When that occurs, and a jury later enters judgment for an amount greater than the limits, that insurance company will most likely be responsible for the full jury award because the company placed its interest ahead of its insured by failing to pay the limits when it had the chance.
Bad Faith Cases require an aggressive insurance claim lawyer to represent you. Fortunately, your Lakewood insurance attorneys at Fuller Law stand ready to accept the challenge for your dispute. Call Fuller Law for your completely free analysis of your legal claim, including life and medical insurance claims. Should we accept your case in Lakewood, there are absolutely no fees or costs until we recover money for your damages.