In the midst of the coronavirus, will insurance companies still pay out personal injury claims?
Coronavirus has hit Colorado hard, spreading throughout several counties in the state. Whether you live in the heart of Denver County or the most rural parts of Mesa County, coronavirus is affecting your day-to-day life.
Since the outbreak, there have been many questions from clients and law firms regarding what kind of impact the coronavirus (COVID-19) will have on personal injury cases. While the situation continues to evolve and change day-to-day, our dedicated team of attorneys is here to help.
Are Colorado Insurance Companies Still Paying Personal Injury Claims Amidst the Coronavirus Pandemic?
Understandably, people are worried that insurance companies are going to stop paying out money for prior personal injury claims. Due to the influx of coronavirus cases, our state’s dependence on medical care providers has skyrocketed. This may cause people to worry about other insurance claims getting put on hold.
The truth is actually the opposite. Given the current economic environment, companies are paying out significantly more right now. The underlying assumption is that the government will come through with extra federal funding to reimburse these expenses. This means that now is actually the best time to go through the process.
Getting Help from Galperin & Associates
We recommend that you contact our team of personal injury lawyers before speaking to an insurance adjuster or filing a claim. Filing an insurance claim for personal injuries without consulting an attorney may result in statements being used against you.
We know how uncertain these times are, so the team at Galperin & Associates is here to help you every step of the way. Stay up to date on how Colorado is handling the coronavirus here for more updates on local and state-wide policy.