Examples of Bad Faith Insurance Tactics

Insurance form with red "rejected" stamp to indicate a bad faith insurance claim

Insurance companies are meant to provide peace of mind when the unthinkable happens. You pay your monthly premiums in good faith, assuming that your provider will fully assist you should you need to file a claim. Unfortunately, there are instances when insurance carriers may go out of their way to deny or delay a claim. These practices are known as “bad faith” tactics, and they are prosecutable by law. Read our examples of some of the more common bad faith insurance tactics to know what to watch out for. Common Bad Faith Insurance Examples No Reason Given for Denial Your insurance carrier must...

14 September

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Does Auto Insurance Cover Car Theft?

Posted by Heather Kleinman

in Claims, Insurance Claim

thief attempting to break into vehicle at night

The state of Colorado has seen an alarming increase in the number of car thefts in recent years. In fact, as of 2022, it is the top state in the nation for auto theft, with over 24,000 cars already stolen in the first half of this year. If you or someone you know has been a victim of car theft, you may be wondering what to do next and if your vehicle’s insurance will reimburse you. Why Is Car Theft on the Rise? The most likely reason that car theft is increasing is because it is more lucrative. Inflation and supply chain...

25 August

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Single Car Accident Insurance Claims

Posted by Heather Kleinman

in Car Accidents Category, Insurance Claim

woman on phone after single car accident

The majority of car accidents involve at least two vehicles. However, there are times when only one car may be involved. These accidents, also called “single-car” accidents, occur for a variety of reasons and can be very difficult to prove on an insurance claim. You will need to take careful steps to document your single-car accident in order to receive compensation for damage to your car or for bodily injury. What Causes Single Car Accidents? Single-car accidents can be caused by any number of reasons, but one of the leading causes is driver negligence. This can be in the form of distracted...

09 August

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How to Get Your Pipes Ready for Winter

Posted by Heather Kleinman

in Claims, Water Damage

Freezing pipes account for a significant percentage of homeowners insurance claims during the colder months. Preparing pipes for winter ahead of time can help you avoid the inconvenience and expense of repairs. Are Frozen Pipes Covered by Homeowners Insurance? In many cases, yes, your homeowners insurance should cover the damage (minus your deductible) resulting from burst pipes. This scenario falls under “accidental water damage,” which is generally covered under the dwelling protection component of your policy. That being said, there are a couple exceptions when your claim may be denied: Damage occurred due to lack of routine maintenance Just as with other areas of the...