What is insurance bad faith?
Insurance bad faith is a legal term, which means that an insurance company has acted unreasonably or unfairly in the payment of a claim. Under the Unfair Claims Settlement Practices Act in Colorado, insurance companies are required to act in good faith by following these practices:
- The insurance company must acknowledge your claim.
- The insurance company must act promptly in response to your communications.
- The insurance company must investigate your claim promptly.
- The insurance company must not delay the process with extra forms.
- The insurance company must provide plausible reason for delays or non-payment.
- The insurance company must evaluate your claim fairly.
- The insurance company cannot deny your claim without giving a valid reason.
If you’re having difficulty getting a claim paid by your insurance company, then you may need legal counsel. Be especially concerned if the insurance company explains its denial of coverage by relying on an obscure passage in your policy, hoping that you may not understand the full extent of your coverage. The Law Office of Gregory A. Hall has dealt with many insurance companies, and understands the complicated language found in most insurance policies. Denver Lawyer Gregory Hall can help determine what events your policy covers and the amount your insurance company owes you.
If you have an insurance policy and you believe it covers an event, then to determine if you are entitled to the insurance benefits as set forth in policy you should begin by reviewing your policy. If you don’t have a copy of your policy, then write your insurance company and request a complete copy of your policy, as well as a copy of your file. If after reviewing the policy you’re convinced that your claim is legitimate and your insurance company has unreasonably refused to pay the claim, or has unreasonably delayed payment, you should contact the Law Office of Gregory A. Hall at 303-320-0584 for assistance.
If you’re having trouble getting a claim paid, you should not delay in seeking legal counsel at: http://www.adenverpersonalinjuryattorney.com/
Gregory A. Hall
A Colorado Personal Injury Attorney
3570 E. 12th Avenue, Suite 200
Denver, CO 80206
Phone: 303-320-0584
Email: gregory@federallaw.com