New Laws in Colorado Governing Attorney Fees in Bad Faith Insurance Matters
Recently, Colorado passed new statutes addressing insurance claims and attorney fees and how they are to be paid when an insurance company acts in bad faith by unreasonably delaying or denying your claim. Statutes can be difficult to understand. If you want to know how new laws may affect your rights, Taffet Law, P.C. will explain the changes to you.
When an insurance claim has been denied in bad faith or unreasonably delayed, an individual or business (called the first-party claimant) may be entitled to recover for the consequences that result from the denial or delay, including:
- Two times the covered benefit
- Reasonable attorney fees
- Court costs
This is an important change for those considering filing an insurance claim. Now, under new Colorado law, you may be able to recover attorney fees.
Steven Taffet has handled bad faith insurance claims throughout nearly 30 years representing policyholders. Many of these claims have resulted in a successful bad faith recoveries for our clients. We are now able to help you seek not only a recovery on your wrongfully denied insurance claim, but also the fees and double damages necessary to hold the insurance company responsible for their bad faith actions.
E-mail us at Taffet Law, P.C. to further discuss your bad faith insurance matters and the laws governing recovery of attorney fees. Free initial consultations are available.
Taffet Law, P.C.
2305 Broadway
Boulder, CO 80304
Phone: 303-449-2830
Toll Free: 888-816-2830
Fax: 303-449-2198
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From our office in Boulder, Colorado, Taffet Law, P.C. serves clients statewide, including, but not limited to: Boulder, Aspen, Aurora, Brighton, Broomfield, Colorado Springs, Denver, Fort Collins, Fort Morgan, Glenwood Springs, Grand Junction, Greeley, Lakewood, Littleton, Longmont, Louisville, Loveland, Steamboat Springs, Trinidad, Vail, and Westminster. The firm serves all of Adams County, Arapahoe County, Boulder County, Broomfield County, El Paso County, Denver County, Douglas County, Jefferson County, Larimer County, Mesa County, Pueblo County, Summit County, and Weld County. Additionally, we serve clients in North Platte and Scottsbluff, Nebraska; and Cheyenne, Wyoming.