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Colorado Springs Insurance Bad Faith Lawyer

Colorado Springs Bad Faith Insurance Attorney: Your Advocate Against Unfair Insurer Practices

As dedicated insurance bad faith lawyers serving Colorado, we understand the frustration when insurance companies fail to honor their obligations. If your insurer has denied legitimate claims, delayed investigations, or offered unreasonably low settlements, our experienced legal team at McCormick & Murphy, P.C. is prepared to fight for your rights and the compensation you deserve.

Treated Fair

When you faithfully pay insurance premiums, you deserve fair treatment when filing claims. Unfortunately, insurance companies often prioritize profits over policyholder interests. While insurers aren’t your advocates, they still have a legal duty to act in good faith under Colorado law.

If your insurance provider has unfairly denied your claim, failed to investigate promptly, offered inadequate compensation, or engaged in deceptive practices, you may have grounds for a bad faith insurance lawsuit. Our Colorado Springs insurance bad faith attorneys have extensive experience holding insurers accountable for their contractual obligations and can help you navigate the complex legal process to secure the compensation you’re entitled to.

What is Insurance Bad Faith?

Insurance bad faith is governed by Colorado statutes (CRS 10-3-1115 and 10-3-1116), which establish that insurers must act in good faith when handling claims. The law explicitly prohibits insurers from “unreasonably delay[ing] or deny[ing] payment of a claim for benefits owed to or on behalf of any first-party claimant.”

A first-party claimant refers to “an individual, corporation, association, partnership, or other legal entity asserting an entitlement to benefits owed directly to or on behalf of an insured under an insurance policy.”

Colorado courts have further developed this statutory framework through case law, providing additional protections for policyholders against unfair insurance practices.

Examples of Bad Faith Insurance in Colorado

Insurance companies may engage in bad faith practices in numerous ways, including:

  • Refusing to investigate filed claims
  • Unreasonably delaying claim investigations
  • Acknowledging claim validity but failing to make appropriate settlement offers
  • Failing to communicate claim eligibility determinations in a timely manner
  • Offering settlements substantially below the claim’s value
  • Ignoring communications from claimants (calls, emails, etc.)
  • Inadequately explaining policy terms and coverage limitations
  • Intentionally misrepresenting policy provisions to avoid payment

If you’ve experienced these or other unfair insurance practices, our Colorado Springs bad faith insurance lawyers can evaluate your situation and determine whether you have grounds for legal action under Colorado’s Unfair Claims Practices Act.

Remedies for Plaintiffs Who File a Colorado Bad Faith Insurance Claim

Colorado law provides significant remedies for successful bad faith insurance claims, including:

  • Double damages (twice the covered benefit amount you were originally entitled to)
  • Attorney fees and legal costs
  • Court costs and litigation expenses
  • Additional damages for breach of insurance contract

Depending on your claim’s value and case duration, these damages can result in substantial compensation. Our experienced Colorado Springs insurance bad faith attorneys can provide a realistic assessment of your potential recovery and guide you through the complex litigation process.

How Do I File a Bad Faith Claim Against an Insurance Company in Colorado Springs?

Filing a bad faith insurance claim requires specialized legal knowledge and experience. Our attorneys will:

  1. Thoroughly evaluate your claim and insurance policy terms
  2. Document all instances of bad faith conduct by your insurer
  3. Calculate the full value of damages you’re entitled to
  4. Handle all communications with the insurance company
  5. Prepare and file necessary legal documents
  6. Represent you aggressively in settlement negotiations and court proceedings
  7. Work to secure maximum compensation under Colorado law

Our firm has successfully handled hundreds of insurance bad faith cases throughout Colorado, helping clients recover the benefits they rightfully deserve plus additional damages for their insurers’ misconduct.

Finding the Right Colorado Bad Faith Insurance Lawyer for Your Case

When you consult with an attorney, you should consider asking the following questions:

  • Have you handled cases similar to mine in the past?
  • How can you tell that my experience with the insurance company amounts to bad faith under Colorado law?
  • What outcomes have you obtained in similar bad faith insurance cases in Colorado?
  • Do you have past clients with whom I could speak or client testimonials I could read?
  • What kinds of damages might I expect to receive if I win my case?
  • How long do you expect my case will last?
  • Will we be able to settle my case out of court, or will we need to take my case all the way to a verdict?
  • How will I communicate with my lawyer—phone, email, or text?
  • How will I pay you, and can we wait until I obtain a settlement or verdict from the case (in other words, do you take cases on a contingency basis)?

You should feel comfortable asking a potential lawyer any questions that seem important to you as you decide who to hire for your case.

Contact a Colorado Springs Bad Faith Injury Attorney

Dealing with an insurance company acting in bad faith can be devastating, especially when you’re counting on that insurance money to cover medical expenses, property damage, or lost wages. The experienced bad faith insurance attorneys at McCormick & Murphy, P.C. are ready to evaluate your claim and fight for your rights.

Call 719-389-0400 or contact us online today for a free consultation to discuss your Colorado insurance bad faith case. We serve clients throughout Colorado from our offices in Colorado Springs, Denver, and Pueblo.

Insurance Bad Faith Attorney Colorado Springs Q&As

Yes, you can sue your insurance company for bad faith if they fail to uphold their contractual obligations or act unfairly or in bad faith in handling your claim. Bad faith claims arise when insurers act dishonestly or unfairly towards their policyholders, denying legitimate claims or offering inadequate settlements. Consulting with experienced bad-faith insurance attorneys can help you understand your rights and options for pursuing legal action against your insurer.

The answer to this question is yes. Insurance bad faith claims require knowledge of specific regulations and laws that pertain only to these types of claims. It is a specialty within the practice of personal injury law that many attorneys are not qualified to handle competently.

Bad faith cases can be complex and involve navigating legal statutes, insurance policies, and court procedures. They often result in litigation, and many of those cases are handled in Federal Courts. A knowledgeable attorney can provide valuable guidance, advocate for your rights, and help you pursue fair compensation for your damages.

Combating a nationwide corporation that denies you compensation is one of the most challenging areas of personal injury law, which is why very few lawyers take those types of cases.

At McCormick & Murphy we have handled hundreds of bad faith insurance claims cases over our decades in practice.

Proving that your insurance company is acting in bad faith typically requires demonstrating that they acted unreasonably or unfairly or in bad faith in handling your claim. This can involve showing that the insurer failed to conduct a thorough investigation, unreasonably denied or delayed payment, or offered an inadequate settlement offer. Consulting with experienced bad-faith insurance lawyers can help you gather evidence and build a strong case to support your bad faith claim.

The compensation awarded in a bad faith insurance claim may differ from that of a regular insurance claim in that it may include additional damages beyond the initial claim amount. In addition to reimbursing, you for your original losses, such as medical expenses or property damage, compensation in a bad faith claim may include punitive damages or double damages intended to punish the insurer for their misconduct and deter future bad behavior.

In Colorado Springs, Colorado, the statute of limitations for filing a bad faith insurance claim is typically two years from the date the bad faith conduct occurred. However, this can be difficult to determine, and you must consult with an experienced bad-faith attorney as soon as possible.

In Colorado, insurance companies are generally required to investigate claims and make decisions promptly and fairly within a reasonable time frame. While there is no specific deadline set by law, insurers are expected to handle claims efficiently, in good faith, and promptly after a full and fair investigation. If an insurer unreasonably delays or fails to properly and fully investigate a claim, it may be considered bad faith conduct. Consulting with knowledgeable bad-faith insurance lawyers can help you understand your rights and options if you believe your insurer is acting in bad faith.

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