For years you faithfully paid your premiums on time and trusted your own insurance company would keep its promise if you ever presented a claim. Unfortunately, many insurance companies wrongfully delay or deny benefits to its very own customers.
Depending on the circumstances of an accident, Colorado law may allow you to seek compensation from your own auto insurance company if you purchased Medical Payments Coverage and/or Uninsured/Underinsured Motorist Coverage. You may be entitled to two times the covered benefits if it is determined that your own insurance company unreasonably delayed or denied your claim. Additionally, your insurance company may be liable for attorney’s fees and costs.
In addition to unreasonable delay and denial damages, insurance companies in Colorado owe a duty of good faith and fair dealing to its insureds. Examples include unreasonably delaying or denying payment, not promptly or properly investigating a claim, and not communicating promptly and effectively. Damages may include not only economic, non-economic and physical impairment damages but punitive damages as well. Punitive damages are damages designed to punish the insurance company for its wrongful conduct, and to try and deter such conduct in the future.
At Pribila, Aquino & Fields, we do not dabble in different areas of the law. We dedicate our practice exclusively to handling personal injury claims and personal injury litigation. If an insurance company is not living up to its promises, it is important that you contact an experienced personal injury lawyer in our firm. Rest assured, all of our lawyers have personal injury trial experience and are willing to try your case if necessary to obtain fair compensation.