Bad Faith Claims in Longmont
What Are Bad Faith Claims?
We tend to assume that insurance policies act as a reliable safety net and that the companies behind them are on our side. But take away the entertaining advertisements for a minute and stop to think about insurance companies’ business model—they make money by collecting premiums from customers every month while hoping those customers never actually need to make a claim. When claims are made, insurance agencies have an army of processes and attorneys at the ready to keep their costs low. If you speak to a seemingly cheery insurance representative on the phone, you may not even realize they are making an attempt to coerce you into accepting the lowest amount possible.
Such methods are generally considered standard business practice and are not necessarily illegal. However, it’s important to hire a lawyer of your own before speaking to an insurance company in order to avoid being hoodwinked. The Law Offices of Edward Smith is run by a reliable and experienced Longmont bad faith claims attorney who can help you navigate the murky waters of insurance, and fight back against those insurance companies who stoop to bad faith practices in Colorado.
Has your insurance company committed an act of bad faith? Or do you have questions about insurance claims? Contact The Law Offices of Edward Smith at (303) 578-9900 or online to schedule your free consultation with our Longmont bad faith insurance claims lawyer.
What Is Insurance Bad Faith? Understand Your Rights
By law, your insurance provider is obligated to treat you fairly if you make a claim due to a personal injury you suffered. If they act unjustly, this is referred to as “acting in bad faith.”
Keep in mind, though, that when third party insurance companies are involved, such as the insurance company of the driver who was at fault in your accident, the same rights will not apply to you. Disagreeing on the value of a claim is not necessarily “bad faith.”
However, delaying your claim, not paying promptly, and refusing to communicate with you can lead to a bad faith claim.
Bad faith can affect all types of personal injury claims, from workers’ compensation to premises liability. If you feel as though you’re not getting the money you need—or deserve—to cover medical bills, lost wages, and the pain and suffering you’ve endured from your injury, you need an experienced attorney on your side who’s familiar with the laws surrounding bad faith claims.
Examples of bad faith acts include:
- Avoiding your calls or not speaking to you about your claim
- Delaying your claim for an unreasonable period of time
- Denying an insurance claim without reason
- Denying payment of a valid claim
- Failing to adequately investigate a claim
- Proposing a payment that is far less than the value of a valid claim
- Refusing to provide you with important, relevant documentation
- Using threatening, vulgar, or otherwise inappropriate language while communicating with you
Contact us today if you suspect you’ve been affected by bad faith insurance practices. We’re on your side.
“He took care of everything which was a big relief. I got a settlement that was way more than what I expected.”- David B.
“For any other person seeking to redress a personal injury case, I couldn't recommend anyone higher for your consideration than Mr. Edward Smith, Esquire.”- Charlotte M.
“He was always available to answer my questions and concerns and was able to bring my case to the very best possible conclusion.”- Stuart H.