In October 2012, Hurricane Sandy swept through seven different countries and killed approximately 253 people, with damage estimates near $63 billion in the United States alone. Many of the 24 American states that were affected from Hurricane Sandy, also known as Superstorm Sandy, endured heavy flooding, wind, and property damage.
Dominic & Sheila Traina’s family was one of the many that lost their home in the devastating hurricane last year. The Trainas had lived in their Staten Island home for over four decades and had been paying Allstate Insurance loyally for 43 years to cover their home. Read the rest »
Two years after the death of Kaitlynn Fisher, Progressive Insurance finally reached a settlement agreement with the Fisher family. Unfortunately, it took the insurance company’s name being completely tarnished as the story quickly went viral throughout the Internet.
In 2010, Kaitlynn Fisher died in a fatal car accident after a driver ran a red light and crashed into her. The driver that ran the red light, Ronald Kevin Hope III, was underinsured, which meant that his insurance coverage was not enough to cover all of the related expenses. Maryland law does not allow for victims to sue the insurance company to pay for the difference. In order for the Fisher family to collect the difference, they were forced to sue Hope for negligence and prove fault. Read the rest »
Last year‚ we wrote about a story where an insurance agent failed to sell an auto insurance policy upgrade to a client of Northern Virginia personal injury attorney Ben Glass. The result? It cost his client $900‚000 in underinsured settlement funds while an increase in the policy limits up to the $1‚000‚000 case value would have only cost $7.49.
Failing to advise insurance customers of UM/UIM benefits and cheap additional coverage happens every day. In fact‚ it just happened to me! Read the rest »
I am absolutely furious!
I just heard a story from my friend and Northern Virginia personal injury attorney‚ Ben Glass‚ about a man who suffered a catastrophic injury. His injury was so bad that his insurance company‚ using his uninsured/underinsured (UM/UIM) motorist coverage‚ offered him his $100,000 policy limits without a demand letter even being sent. His case was probably worth $1,000,000 easily and now after paying his health insurance liens and bills‚ he will probably be lucky to walk away with $50,000 to last him the rest of his life while he deals with his lifelong and permanent injuries.
It is no secret that insurance salesman do a very poor job selling UM/UIM coverage. But this case takes the cake! Read the rest »
We’ve written before about Progressive Insurance’s tactic of coming to injury accident victim’s home to make a lowball offer early on following an accident . This practice seems to be growing in popularity amongst insurance companies. More and more insurance adjustors are trying to get to accident victims early on to convince them to sign a release before they can hire a personal injury attorney.
The insurance companies are not dumb. They know that their own insurance studies show that injury accident victims receive three times as much compensation when they hire a lawyer than when they do not. It is the goal of the insurance companies to try to get away with paying as little money to settle claims. This is just one tactic to acheive that goal. Read the rest »