Bad Faith Agreements
Experience Colorado Bad Faith Insurance Lawyers
The Colorado Springs lawyers at the law firm of Sears & Swanson P.C. handle cases involving misconduct of insurance companies in delaying, or failing to pay benefits under an insurance policy. Insurance companies owe duties to act with good faith in adjusting and settling claims, whether they be claims for fire damage, commercial losses, medical benefits or uninsured motorist benefits.
Colorado has enacted the Deceptive Trade Practice Act which controls the conduct of insurance companies in this state. Among the insurance practices which are prohibited are: misrepresenting insurance coverage; failing to act reasonably promptly with respect to claims; failing to adopt reasonable standards for the prompt investigation of claims; refusing to pay claims without conducting a reasonable investigation; failing to affirm or deny coverage within a reasonable time; failing to act in good faith to reach prompt, fair and equitable settlements of claims in which liability is clear; maintaining a policy of appealing from arbitration awards; failing to maintain complaint handling procedures.
When an insurance company has violated the Deceptive Trade Practice Act, or otherwise acted unreasonably in investigating, adjusting or handling a claim, the insurance company is liable for damages caused by such conduct under a bad faith claim. Our attorneys are familiar with insurance claims practices and have challenged the reasonableness of insurance conduct in many different claims situations in representing our clients in bad faith cases against insurance companies.
If you are dealing with an insurance company's misconduct, please contact Sears & Swanson, P.C. Our attorneys will work to protect your rights.