Claims and Insurance Bad Faith Information
Colorado Attorney R. Brian Daniel
When you purchase an automobile or motorcycle insurance policy, you expect your insurance company to provide the coverage for which you have been paying. Your premium payments evidence your reliance on the fact that coverage is in place and, after an accident, most individuals look to their insurer to receive compensation for medical expenses and property damage. In addition, you expect your insurer to offer you protection from liability in the event you are involved in an accident. Likewise, when you purchase homeowners insurance, you expect your insurance company to protect your home if a disaster strikes. Unfortunately, insurance companies do not always feel the same way and as a result, when a catastrophe strikes, you may find yourself involved in an insurance dispute.
At The Daniel Law Firm, we understand how the adjusters at the insurance companies think, because we know how they were trained. This knowledge was gained through experiance working as defense counsel for various insurance companies and seeing firsthand how a claim is received, administered and paid out (if at all). Your Parker, Colorado Insurance Dispute Attorney will use this knowledge to negotiate the best position possible with the insurance companies and to maximize any recovery or coverage to which you are entitled.
Reasons for Insurance Disputes
An insurance company has a responsibility to increase profits while decreasing expenses - after all, to them it is just a business. Unfortunately, one often used method of decreasing expenses is to deny claims or delay payment as long as possible with the hopes that the insured will accept a small settlement instead of the coverage or the recovery to which they are truly entitled. Think about it – if an insurance company pays you less then you deserve, they have saved money for the company and the shareholders will benefit from this type practice.
When you are injured in an accident, you may find yourself needing compensation for property damage, medical expenses, rehabilitation and/or lost wages. Unless you have legal representation on your side, an insurance company will almost always try to settle your claim early in the process for pennies on the dollar. As a result, without proper legal representation, you may be convinced to accept a small settlement right after your accident that will put some money in your pocket immediately; however, these settlements often require that you waive your rights to request any future benefits, leaving you with no means to pay for medications and treatments once the small settlement amount has been exhausted.
Types of Insurance Disputes
- Bad Faith Insurance Dispute
- Automobile Policy Dispute
- Uninsured Motorist Dispute
- Homeowner Policy Dispute
- Motorcycle Policy Dispute
- Health Insurance Dispute
- Business Insurance Dispute
- Life Insurance Dispute
- Disability Insurance Dispute
The Changing Colorado Insurance Laws
Colorado lawmakers are constantly changing the way insurance claims are handled. These changes can make insurance laws difficult and complex. As a result, you should consult with an experienced Parker, Colorado Insurance Dispute attorney to interpret these policies and to ensure that your insurance dispute claims meet the rigid guidelines set by Colorado law.
If you or someone you love is involved in an insurance dispute after an accident, a Parker, Colorado Insurance Dispute Attorney's services are invaluable. Your attorney will be able to negotiate with your insurance company on your behalf and ensure that you receive enough compensation to cover all of your expenses related to your accident and your injuries. If your insurance company is engaging in bad faith practices, your Parker, Colorado Insurance Dispute Attorney will be able to file the necessary claims against them and protect your rights. If your insurance company is found guilty of bad faith practices, you may be entitled to up to three times the amount of your benefits.
Being involved in a dispute with an insurance company can put an incredible financial strain on families already struggling to recovery after an accident. During this time a Parker, Colorado Insurance Dispute Attorney will be on your side, step-by-step, fighting for your rights to coverage and benefits after an accident.
If you are having an insurance dispute in the State of Colorado, contact a Parker, Colorado Insurance Dispute Attorney at The Daniel Law Firm, today. (303) 951-0233
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