Bad Faith Insurance
If Your Insurance Company Negotiating In Bad Faith?
Insurance can feel like an unnecessary hassle the vast majority of the time, but it becomes immediately vital the instant you’re in an accident. In a typical situation, your insurance company will thoroughly investigate your claim and provide you with a settlement that will cover the costs of repairing your vehicle, your medical expenses, and other damages resulting from the crash. However, some insurers will enter negotiations with the intention of offering you a settlement that doesn’t come close to covering your financial needs, if they even offer a settlement at all. This is known as negotiating in bad faith – if an insurer is found guilty of this charge, they could be punished with considerable fines.
Car accidents are incredibly stressful experienced on their own, and insurance companies shouldn’t add to that stress by working to give you less money than you are owed. Our Denver car accident lawyers at Bovo Law, LLC have dedicated their careers to providing injured victims with the legal representation they need to fight for and secure the compensation they deserve. If you believe that your insurance company is negotiating in bad faith, contact us today to learn more about what we can do to help.
What Are Signs Of A Bad Faith Negotiation?
Bad faith negotiations occur when an insurer either refuses to offer a reasonable settlement without providing a clear explanation or when it denies a claim without a reasonable cause. Some signs that could indicate bad faith negotiation include:
- Using false information in order to justify a settlement offer
- Delaying negotiations or withholding information in an attempt to let enough time pass for the statute of limitations to expire
- Improperly citing laws when providing an explanation
- Not providing clear reasons about the amount offered or why your claim was denied
- Taking a considerable amount of time to respond to a claim
Give us a call at (720) 262-2495 to discuss your case with a member of our firm.
Hire An Experienced Attorney Today
At Bovo Law, LLC, our Denver car accident attorneys are committed to providing our clients with the experienced legal advice they require to help them best understand their options moving forwards. Through our dedicated efforts, we have successfully secured millions of dollars in verdicts and settlements for our clients, and we will continue to stand up for injured victims in court and at the negotiation table for as long as we are needed. Call us at (720) 262-2495 to discuss your situation over the phone, or start out with a free case consultation by filling out our online form.