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Old 19th October 2005, 17:54   #6
maladjusted
 
Posts: n/a
Re: Insurance questions

Quote:
Originally Posted by taco
It still looks like a jamaican shantytown down there still two years later.

Which is why it's ridiculous that the FL commish was fining companies that hadn't paid all their claims yet-- there was nobody to do the work.

People were demanding the money for their roof repairs, but had nobody to hammer the nails and they STILL DON'T.

There's also some issues w/ the FL policies and what's storm or wind damage and what's hurricane damage IIRC, that could be another bog down issue, but it's not intentional lowball trickery..

Look into bad faith-- that's the theory that your instance company has to act in good faith on their part of the contract they have with you for 1st party coverage. Simply, they cannot just fuck you and walk away, for if they do, you get treble damages. Also, every state has codified unfair claims settlement practices, which a company would violate if they paid someone $10k for what they knew was a $20k claim (FIRST party, not third party-- I can fuck a third party in the peehole with a rusty meat mallet and nobody gives a shit)
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