Insurance

Colorado ranks second only to Texas for the number of insurance claims filed due to hail strikes on homes, property and cars over the past three years, according to the National Insurance Crime Bureau. In Colorado, hail-related insurance claims numbered 182,591 between 2013 and 2015, accounting for 9 percent of the U.S. total, even though…

“You were in an accident. Nobody was hurt. But they’ll still be pain.” This familiar refrain from the latest Nationwide auto insurance commercial is all too common to many drivers who have had their insurance claims denied. While some claims, such as full car replacement, are specific to certain policies and may not cover every…

We all know that dealing with insurance companies can often be stressful, frustrating and downright unpleasant but things can get even worse when an insurance company acts in bad faith by denying or delaying claims under a policy. According to a study by the U.S. Government Accountability Office, as many as 25 percent of insurance…

It can be difficult to comprehend that a dollar amount could be attached to pain and suffering or that the loss of a loved one could somehow be reimbursed. As delicate a situation is as this, compensation is sought in an effort to recover damages. For example, a person who is liable for an accident…

Good insurance can sometimes seem like an oxymoron. Insurance, by its very definition, is protection. When you buy insurance, it’s to protect yourself from loss, whether it’s related to your car, your home, your belongings, or your business. Should anything happen to the items listed on your insurance policy, you expect the insurance company to…

Colorado Governor Bill Ritter recently signed House Bill 10-1168, also known as the Make Whole bill, into law. The new law offers more protection for consumers from unfair insurance practices, particularly those instituted by health insurance companies. For example, if a person is injured in a car accident, the person at fault may not have…

Many of us naively believe that our insurance providers, whether they provide medical, car or home insurance, are here to provide a level of protection for when an accident, illness or tragedy occurs. We assume that that because we’ve paid our premiums that the insurance companies will fulfill their promise to provide financial relief. In…

We’ve all been there, or we know someone who has; feeling the frustration of waiting for an insurance company to decide on a claim, or seeing an offer that is substantially less then your expenses come in, or having a legitimate claim flatly denied. Sadly, up until recently, there was little that could be done…