What is usually factored into a bad faith claim in Denver, Colorado?

There are many factors taken into consideration in a bad faith claim against an insurance company; however, only a Denver, Colorado bad faith attorney, who has experienced handling these types of claims, can accurately determine if you have a valid case.

Common factors considered in a bad faith claim include the following:

• Severity – How severe were the injuries and damages involved in the claim? How severe were the effects of the insurance company’s denial or refusal of the claim?

 

• Reasonability – Were the insurance company’s actions regarding the claim reasonable? Were the company’s delays, denials, or refusals of the claim reasonable in nature?

 

• Quality of the investigation – Did the company make every effort to investigate the claim thoroughly and adequately?

 

• Duty – Did the company fulfill its contractual duty to the policyholder?

 

• Cooperation and Communication – Was the policyholder informed of developments with the claim? Did the company make efforts to communicate with the policyholder regarding the claim or its investigation?

 

• Timing – Was the investigation of the claim done in a timely manner? Did the insurance company make efforts to address the claim and communicate with the policyholder in a reasonable amount of time?

Contact a Denver, Colorado Bad Faith Attorney

If you’re considering filing a bad faith claim against your insurance company, it’s important to seek legal advice to ensure your case’s success. Call 303-300-5060 to speak to a bad faith attorney at the Law Office of D.J. Banovitz today and learn about your legal options.

To learn more about bad faith and personal injury, order our free book: 7 Costly Mistakes that Can Ruin Your Colorado Injury Case.