To avoid being victimized by insurance bad faith practices, policyholders should be aware of some of the most common ways that insurance companies practice bad faith.

To avoid being victimized by insurance bad faith practices, policyholders should be aware of some of the most common ways that insurance companies practice bad faith.

Many people have insurance for their valued assets, such as their homes and even their health, so that, in the event of a disaster, accident or unforeseen tragedy, they will have the financial support they need to help them recover as necessary. Unfortunately, however, the insurance safety net is not always as secure as people would like to think that it is, and quite often, people with legitimate claims on their insurance policies:

  • Are given the runaround
  • Have to fight with insurance agents
  • Are strong armed into to accepting far less compensation then they are actually entitled to
  • May have their claims denied altogether for very minor (or sometimes even unethical) reasons.

What can make matters worse is the fact that many policyholders do not regularly file insurance claims, want to trust that their insurance agents are being honest and, as a result, end up being victimized by insurance bad faith practices without knowing it. In such cases, policyholders can be left with little to no compensation, buried and bills and ultimately facing serious financial burdens.

Most Common Types of Insurance Bad Faith Practices

To avoid being victimized by insurance bad faith practices, it’s crucial that policyholders are aware of some of the most common ways in which insurance companies may exhibit these illegal and unethical behaviors. Specifically, some of the most common types of insurance bad faith practices include:

  • Unnecessarily delaying payouts on legitimate claims to try to get policyholders to accept less than they deserve
  • Attempting to deny that a policy was ever issued (i.e., post-claim underwriting)
  • Denying a legitimate claim altogether.

Contacting the Boulder County Insurance Dispute Lawyers at the Cederberg Law Firm

If you or a loved one has been injured in a car accident – or if you have lost a loved one in a motor vehicle accident, contact the Boulder County insurance dispute lawyers at the Cederberg Law Firm by calling us at 303-499-0449 or emailing us using the form at the right-hand side of the screen.

For more than 35 years, our esteemed legal professionals have been successful at securing results and compensation for people who have been seriously injured in car accidents and other types of traffic accidents. Having handled countless cases, our attorneys have a deep understanding of the law, as well as the legal experience you need, and we can fiercely defend your rights in any legal setting. In fact, while we are aggressive litigators in court, we are also skilled negotiators outside of court. This makes our trusted lawyers a formidable force that will not back down until you secure the maximum possible compensation for your injuries, expenses and losses.

At the Cederberg Law Firm P.C., you will not be handed off to a paralegal or assistant. You will receive personal attention and professional service from an experienced lawyer who cares about you and who is dedicated to providing you with superior legal services at every stage of your case. In addition to offering free initial consults and contingency fee options, our lawyers make hospital visits to ensure that you have access to the legal support you need – whenever you need it.