In 2015 – the most recent year for which data is available – Colorado residents shelled out a collective $32 billion in insurance premiums to roughly 1,400 different carriers. Of course, the top 27 insurance companies on that list collect more than half of that money. A little more than 11 percent of that premium went toward car insurance policies, while just around 6 percent was paid to homeowner policies.
Simply put, the majority of money insurance companies earn from the paycheck-devouring premiums customers pay on these policies do not get paid back out to customers filing claims. That money stays with the insurance company. But that does not stop these providers from denying or delaying what appears to be the most straightforward insurance claims.
Worse, they can afford to deny or just delay claim payouts. They can wait for months or even years before paying out on a claim. The average family cannot make it weeks, let alone months, without a vehicle, income or a place to live—all things your insurance is meant to help you cover.
Burg Simpson’s experienced Denver based insurance attorneys understand. We realize how a dispute with an insurance company can change the lives of the victim and his or her family dramatically. The cost of an insurance dispute can be devastating – both financially and emotionally.
If you find yourself in the middle of a disagreement with your insurance company – or someone else’s – the best thing you can do is to call a lawyer about your insurance dispute immediately. We can help educate you about your rights, walk you through your options and take on your fight as if it is our own. A lawyer trained and experienced in negotiation is more likely to obtain a reasonable settlement for you than if you were to try to settle a case on your own. Not only that, but any settlement you do reach is likely to be much higher than anything you could negotiate on your own. In fact, many times a defendant or insurance company will not do anything at all unless, or until, a lawyer experienced in these types of insurance disputes threatens them with a lawsuit. Even then it takes a trial firm like Burg Simpson, with a reputation for being ready to take them to the courtroom if necessary, to make sure insurance companies do not try to settle for less than what you are owed.
When you sign an insurance policy with your carrier, you agree to pay your premium in exchange for coverage if you suffer a loss. In Colorado, your insurance company is obligated to make you whole, which simply means restoring you to the condition you were in before an accident, to the best of their ability. But there is more to it than that. That policy is a legal contract. As part of that, your carrier also vows to:
- Defend you against legal claims from another party (or their insurance company).
- Pay successful claims against you.
If your insurance company has failed to do any of these things, you need a Denver injury attorney at Burg Simpson to help you make things right before it is too late.
Even with the best representation, negotiations do not always work. If your case is forced to go to trial, Burg Simpson’s insurance lawyers out of Denver have years of litigation experience. You could not be in better hands.
WHY HIRE A KNOWN TRIAL FIRM?
Trial and pretrial procedures are increasingly complicated. Attorneys unfamiliar with the courtroom are likely to make costly mistakes and forfeit opportunities to assemble the best possible case. Burg Simpson’s personal injury attorneys know the legal system and how to handle insurance dispute cases in court. We know the law. We know the judges and their case histories. And we know how to present a case to a jury. With our experience, we can also best decide what options you might have regarding a third-party claim.
When you have been injured in an accident or suffered a catastrophic loss, the last thing you want to do is spend time on the phone (or in court) fighting with insurance companies about how much money they are going to pay you. Let Burg Simpson help. We believe no other firm has the resources, reputation, or proven track record of success when it comes to assisting injured individuals and their loved ones. We have been battling with insurance companies and their armies of lawyers for decades. Call our insurance dispute lawyers today at 303-792-5595 or fill out our FREE Evaluation Form right now.