What Is Insurance Bad Faith?
You have paid your premiums to protect your financial health if an accident occurs or a lawsuit is filed against you.
An insurance policy is a contract between you and your insurance company, which promises to pay certain covered costs as long as you faithfully pay your premiums. Insurance companies must operate in good faith.
Unfortunately, an insurance company may refuse to pay a valid claim, fail to investigate your claim in a timely manner, delay payment, or offer you far less than should be paid under the terms of your policy.
In these cases, you need to take legal action against the insurance company to hold them accountable and get your claim paid in full.
Over $50M Recovered in the Past Seven Years
At the Tenge Law Firm LLC, our goal is to achieve the best possible result for our clients as soon as possible. Each case and each client is different, so we work directly with clients to meet their needs for medical care and personal situations. We have enjoyed great success, with exceedingly high client satisfaction, using this approach.
-
$3,250,000 Rollover auto accident involving defective roof and serious injuries
-
$1,475,000 Auto accident with head, neck and back injuries
-
$950,000 Car accident with brain injury and orthopedic injuries
-
$750,000 Policy Limits – Low speed auto accident leading to minor stroke
-
$533,000 Trial Verdict - Client hit by airborne patio umbrella with facial scar and concussion.
-
$450,000 Pedestrian hit by car
-
$300,000 Four-car accident resulting in vertebral fracture and facial injuries
-
$200,000 Auto accident with facial injuries
-
$120,000 Slip-and-fall at fast food restaurant
Hundreds of 5-star Reviews. Exceptional Results
-
"They treated me like family"
Todd, Liz and Nina were amazing. They handled my case very professionally. I recommend this law firm to anyone looking for a great firm. They treated me like family
- Jenn K. -
"They were extremely responsive and answered my questions very well."
Paige and Nina were a delight to work with. They were extremely responsive and answered my questions very well. They made me feel like I was in good hands and could trust them!
- Rachel V. -
"Definitely made it a stress-free experience"
Brenda was my attorney. She was amazing, helped me through the whole process. Definitely made it a stress-free experience, especially after going through something so traumatic! Was extremely attentive and always kept me updated on how my case was going! I would 1000% recommend them to everyone and anyone!! THANK YOU SO MUCH!
- Zitlaly O. -
"Everyone is extremely nice & very efficient"
I highly recommend this law firm! They take care of everything in a timely manner & alleviate any harassment while you recover from injuries. Everyone is extremely nice & very efficient...if you need an attorney, Tenge Law is the place to go!
- Betty C. -
"Would highly recommend to anyone!!"
Tenge Law Firm helped me out when I was in a accident that involved my whole family. They were great and fast with the entire process, and were awesome at keeping me updated throughout the entire process. Would highly recommend to anyone!!
- Zack K.
Auto Insurance Bad Faith
When you drive in Colorado, you are required to maintain liability insurance, with a basic limit of $25,000 for one person’s injuries, and $50,000 for all injuries sustained in an accident.
If you crash and your car insurance company refuses to pay under the terms of your policy, you may have a case of insurance bad faith.
If you were injured in an auto accident and were denied reimbursement, or you were paid less than you were due under the terms of your policy, it is a devastating situation, which can result in financial ruin.
How Does an Insurance Bad-Faith Case Work?
The first step is to conduct a full review of the terms of your contract. When you buy insurance, you probably did not read the fine print.
If you believe you are the victim of insurance bad faith, the terms can be reviewed to determine the best way to move forward with legal action against the insurance company.
Then, we send a formal letter, putting the insurance company on notice.
The letter informs the insurance company that you are represented by counsel, informs the company that failing to pay will result in a lawsuit, lists the amount to be paid, and gives a specific time limit within which payment must be forthcoming.
If the insurance company does not respond within that time limit, a lawsuit will be filed.
-
Reviews
When our clients are happy, they say so. Whether we’re being described for how well we communicate, our responsiveness, or the quality of our service, we’re consistently rated 5.0 out of 5.0 by those we represent.
-
Ratings
As an industry leader in the field of personal injury, we're proud to maintain a superb 10.0 out of 10.0 rating on AVVO.com, have a preeminent AV rating from Martindale-Hubbell, and have recently been awarded Client Champion Platinum status from Lawyers.com.
-
Results
In the last ten years, we've recovered $50 million on behalf of our clients. Our motto is simple - You do what you need to do physically recover, and we'll handle the rest.
Types of Insurance Bad Faith Cases
Various actions taken by an insurance company could be violations of the terms of your policy. These include:
- Ignoring a claim
- Delaying payment
- Underpaying a claim
- Denying a valid claim
- Unfair or deceptive practices
- Undervaluing claims
- Fraud
- Misrepresentation
- Making unreasonable demands
These actions can occur with any type of insurance, whether auto insurance, health insurance, homeowners insurance, or ERISA.
In most cases in which an insurance company has been found to have been acting in bad faith, they will be required to pay you all of your claim, along with other damages and your legal fees.
Why Choose the Tenge Law Firm, LLC?
Since 1992, our trial lawyers have successfully resolved cases of insurance bad faith against:
- Geico
- State Farm
- Allstate
- Progressive
- Farmers
- USAA
- Am Fam
- Hartford
- Travelers
- UNUM
At the Tenge Law Firm, LLC, our personal injury attorneys have recovered tens of millions of dollars in settlements, arbitration awards, and verdicts.
We offer a free consultation, take on a limited number of cases so we can devote our time to each case, and work on a contingency-fee-basis.
Teams of corporate lawyers typically defend lawsuits for insurance bad faith.
With representation from the Tenge Law Firm, LLC, your lawsuit will be managed by an attorney with extensive trial experience and an impressive record of success.
Call (303) 219-7377 today to reach us at our Boulder office.
Related Articles
Allstate Bad-Faith Insurance Claims in Colorado
Colorado Ranks 39th in Auto Insurance Laws and Compliance
How Do Colorado Insurance Companies Determine a Pre-Existing Condition?
