Bad Faith Insurance Lawyer in Englewood
Denver Insurance Bad Faith Attorney
When an individual pays for an insurance policy, it’s expected that both parties will fulfill their obligations listed therein. However, when insurance companies fail to keep the promises made in the contract, it’s important that the policyholder has somewhere to turn in order to seek help. At The Boyle Law Firm, we will work hard to hold insurance companies accountable for our clients. Let us help you get the compensation you’re entitled to.
Former Insurance Defense Attorney on Your Side
Are you having difficulty resolving an insurance claim? Disputes over insurance claims can be extremely difficult to navigate, especially if you are relying on the compensation to pay for your medical costs, property damage, or another loss after an accident or natural disaster. When you’ve paid your insurance premiums on time, you expect your insurer to honor the terms of your policies in a timely manner.
The reality is that many insurance companies intentionally hold up insurance claims and are known for underpaying or refusing to pay policyholders. If this is the case for you, you should not hesitate to hire an Englewood bad faith insurance lawyer to help you. As a former insurance defense lawyer, Attorney William Boyle knows the insurance industry inside and out. We can provide guidance and advocacy to help you resolve your claim in a timely manner.
Tell us about your bad faith insurance claim today.
Common Types of Bad Faith Insurance
There are three main types of bad faith insurance claims: Breach-of-Contract claims, Common Law claims, and Statutory claims.
- Breach-of-Contract: In these claims, the insured individual formally declares that they’ve met the terms of their insurance contract and that the insurance company has breached the contract by denying a valid claim.
- Common Law: These claims allow the insured to claim that the insurance company has acted unreasonably and recklessly for no legitimate reason.
- Statutory: An insurance company is required by Colorado law to pay undisputed claims promptly. Unreasonable delay or denial of claims is actionable and can lead to treble damages plus attorney fees is successful.
In each of these claims, the insured individual stands to win a significant amount of money to cover the initial claim and the legal fees associated with the claim.
Bad Faith Lawsuits in Denver
If you’re working with a reputable, experienced bad-faith insurance attorney, a bad-faith claim can end in favor of the insured party. Colorado law is designed in a way that helps the consumer avoid being taken advantage of. In addition, the Denver insurance bad faith attorney at The Boyle Law Firm is here to support you through every step of the process. Let us provide you with expert representation and guidance.
Damages You Can Recover in a Bad Faith Insurance Case
Depending on the unique case and claim type involved, an insured individual might recover significant damages when their insurance is refusing to pay a claim. In some cases, the insured individual might walk away from the case winning a sum of money equal to the funds denied in the claim. In other cases, the insured individual might receive an award for punitive damages that equal the sum they’d have been given otherwise.
Finally, in statutory cases, the insured individual might finish the case with three times the amount of money they’d have received if the insurance company covered the claim.
Why You Need Insurance Attorney
When dealing with an insurance company during a bad-faith claim, working with a bad-faith attorney is a must. As bad-faith insurance lawyers, we have the knowledge and skills needed to hold insurance companies accountable. We can provide you with exceptional support and expert representation so that you get the compensation you’re entitled to. Don’t risk being taken advantage of in court, work with an attorney.
Legal Ground for Bad Faith Insurance
In bad faith cases, legal grounds can be simple in some situations and complicated in others. In order to prove bad faith on the insurance company’s part, an insurance lawyer in Denver needs to prove that the insurance company wrongfully refused to pay the client for a valid claim. This is especially true when this refusal has led to further financial and professional disruption in the policyholder’s life.
Your Rights as a Victim
If your insurance company has refused to approve a claim for something that your policy clearly covers, you have the right to have your case evaluated. Your insurance company has violated its contract with you and as a victim in this situation, you have the right to seek your insurance payout with the support of an insurance attorney in Denver. Let us help you throughout your bad faith claim.
Filing Bad Faith Insurance Claim & Timeline
In plenty of cases, your insurance company may try to initiate a bad-faith settlement once it’s made aware that you’re seeking legal assistance. Sometimes, after filing a claim, the process will take a few weeks to resolve. In other cases, in which the insurance company attempts to drag its feet, the process may take longer. However, Mr. Boyle, an experienced Colorado insurance lawyer, will do everything to resolve your case as quickly as possible.
Why Choose The Boyle Law Firm for Bad Faith Settlements
We have the right expertise in legal assistance for Colorado policyholders. The Boyle Law Firm knows the ins and outs of how insurance companies work and we know how to pursue justice for our clients. Let us represent you throughout your case and we will do everything in our power to see to it that you’re compensated accordingly.
Examples of Bad Faith Insurance
Insurance companies owe legal duties to policyholders. An insurance policy is essentially a contract. Colorado law requires that insurance companies act in good faith when they evaluate and process claims. When an insurer fails to uphold this basic legal duty, then they can be held liable for their negligence or unreasonable conduct.
Examples of an insurer handling a claim in bad faith:
- Failing to investigate a claim promptly
- Unnecessarily delaying payment to a claim
- Failing to communicate regularly about the status of a claim
- Deceptively misrepresenting the terms of the policy
- Unfairly denying a claim or denying without a valid reason
Whether you have proof or you suspect that something of a bad faith nature is occurring, it is important to take quick action. From construction defects to personal injury claims, The Boyle Law Firm has extensive knowledge of laws surrounding insurance company conduct and the technicalities involved in claims processing. Have us guide you towards a timely and effective solution.
15+ Years of Trial-Tested Experience
Former Insurance Defense Lawyer Helping You
5/5 AV Preeminent® Rating for Ethics & Skill
Colorado Super Lawyers® Rising Stars℠
National Trial Lawyers: Top 40 Under 40 in CO