Commentary: Why Do People Keep Suing Property Insurance Companies?

By Jason Wolf | December 11, 2013

  • December 11, 2013 at 3:25 pm
    Scott says:
    Like or Dislike:
    Thumb up 1
    Thumb down 1

    Agents need to give their clients every opportunity to comprehend their coverage.It is the consumers responsibility to know what they are paying for.
    Insurance companies need to pay for, what they agree to pay for and not hold out on theit clients. Good contractors hate litigation, and when insurance companies act badly….they need to be held accountable.

    • December 13, 2013 at 8:49 am
      Roland says:
      Like or Dislike:
      Thumb up 3
      Thumb down 1

      Well said, Scott. I think a major part of the problem is the demonization of private insurance by politicians and their lapdog mainstream media. Gullible Americans have come to view their insurance company as the enemy and the government as their savior. This despite the fact that a private insurance policy is simply a voluntary exchange from which both parties benefit, while government is a gang of thieves who take our wealth by force and then use it to boss us around. Go figure.

  • December 23, 2013 at 2:47 pm
    karin lawler says:
    Like or Dislike:
    Thumb up 0
    Thumb down 1

    Our company has been providing ’cause of loss’ investigations for property claims for over two decades as a vendor for insurance carriers. Having just lived through two frivolous, if not fradulent, cases in the past 12 months, named as a co-defendent to the insurance company, the points made in Jason’s article are exactly what we kept telling both our E&O adjuster and the assigned attorney. But….to our detriment and objection, both of the cases will be settled with payment going to the plaintiff. Even after exposing damaging information to the plaintiff in a deposition of their contractor. The carriers will not indemnify their vendors, yet each inspection performed is potentially a lawsuit if the claimant is unsatisfied by the carrier’s handling or resolution of the claim. Plaintiff attorney’s know that the more people brought to the litigation table, the more opportunities to extort settlement payments from each participant. Until the game changes, the vendors and the policyholders shall continue to pay the price. In our case; a long standing business that can not longer afford the high stakes of claims that are out of our control. A lose – lose for everyone.

  • June 24, 2014 at 4:43 pm
    Indira says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Can someone please let me know:
    What is the percentage that attorneys usually charge clients after winning a lawsuit against insurance?
    Is there a legal maximum in FL that attorneys can charge their clients?

    Thank you!

  • June 24, 2014 at 5:07 pm
    Indira says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Can someone help me:

    How much percentage an attorney usually charge a client for a lawsuit won against an property insurance company?
    Is there a maximum in FL that a attorney can charge a client in this cases?



Add a Comment

Your email address will not be published. Required fields are marked *

*