We just finalized a $1 million dollar policy limits settlement for a client that was injured in a car accident. The client suffered a head injury and also required treatment and care on her back and neck.
The client was smart enough to carry a very good insurance policy that included a $1 million dollar policy for Uninsured motorists. That policy protects you if you are hit by a vehicle that doesn’t have insurance. San Diego is the number one place in the country for cars driving without insurance so it’s very important to carry good coverage to protect yourself. Unfortunately, the client’s insurance company refused to be fair with her and did not offer much to settle her claim. After demanding formal arbitration, it was was shown in a full arbitration that the client’s claim was worth well over the full $1 million dollars and the insurance company was forced to pay the entire million dollar policy limits. Although it’s a shame that the insurance company did not do the right thing on their own, we are glad we were able to help get the client a fair result. Insurance companies will often try to pay an unfair amount to settle a claim. That’s why you should always speak to an attorney prior to agreeing to a settlement. Most of the time,an attorney will be able to get you more money and make sure you are not taken advantage of by the insurance company.