CreiveHallVol
Serenity now, insanity later
- Joined
- Apr 7, 2015
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I know exactly what you're talking about. About 10 years ago, during Christmas shopping, my wife was backing out of a parking space and bumped into the back quarter panel of a car waiting for a parking space. The dent was barely visible and pictures were taken of the incident.Little late to this discussion, but I’m a civil defense attorney. It’s important to note that there is a significant difference in how an insurer looks at first party PIP/medpay, UM, and property damage claims vs. third party injury claims. My experience is that insurers generally try to take care of their insureds, though there are certainly differences in how various insurers approach claims.
Also, probably 60-70% of the injury claims that land on my desk range from exaggerated to fraudulent. What I regularly see that drives me crazy is a claimant who could have rested, iced, taken some ibuprofen and maybe done some PT for 2-4 weeks and been fine. Instead, they called an attorney from a commercial, who referred them to a chiropractor, who sent them to an ortho, who got an MRI and did injections, all within 4-8 weeks. The claimant now has $12-15k in wildly inflated medical bills that they can’t pay back unless they recover in a lawsuit.
That’s not a shot at Plaintiff’s attorneys generally, but I see that everyday, particularly when it comes to big, billboard personal injury firms.
Worst case scenario - jmo.
2019 Athletic dept revenue (football in parenthesis)
- Ticket sales: $36.2M ($29M)
- Contributions: $31.3M ($26.4M)
- Media rights: $34.9M ($15.2M)
- Royalties, licensing, advertisement and sponsorships: $13.5 ($10.1M)
5 home games X 16,393 fans each = 81,965 tickets total for season X $350/ticket = $28,687,750.
I had a similar situation. The city I live in flooded my house with 18" of water by turning on the water when I had winterized a rental property. Got a call the day after Christmas that it happened. The next Monday I called the water department and had them send me the documentation about the employee going out to do the meter reading. She said "That's weird. It looks like he marked out meter reading and wrote that he turned the water on." She emailed it to me and I called to meet with the mayor.Our lake house got hit by a tornado 5 years ago. Ripped half the house off the foundation and threw it away literally.
1st adjuster out said total loss. Was pulled from our claim in 12 hours. 2nd adjuster came out and said only cosmetic damage <$100k damages (1/2 of house is missing). Insurance lead adjuster sided with #2 for 5-6 months. I was nice and even hired an independent company adjuster that this guy recommended. Independent said $280k for repairs/rebuild was discarded as biased by lead adjuster even though he recommended him.
I told him that I had enough and would enjoy seeing him in court in Texas. (BTW, Texas Governor had already started publicly that insurers shorting insured would be frowned upon). I srnt him that quote. My last words to him were that I was gonna tie him and his company in court until he retired.
Got a settlement call the next day for $220K. I took it as the contents section of the insurance company had paid us retail price + appreciation (we bought everything on sale).
It cost $280k to rebuild/remodel.
If y’all can’t tell, it still pisses me off. Attorneys are good when you threaten an insurance company with them. Even when your attorney is with Dewey, Cheatem, and Howe
You older folks will get this
I wonder what the cost of that is. Especially with the quick turn around time for results.