People buy insurance for two reasons:People buy policy for two reasons : To protect themselves in the event of a catastrophe.
To comply with the law.
Everyone who purchases insurance, no matter what form, does it to give themselves peace of mind. unfortunately, many policy companies do not live up to their promises, and people like us end up paying the price .
insurance is one of the biggest industries in California. According to data from the U.S. Department of Commerce, California ’ s insurance industry accounted for 322,897 jobs in 2016, paying out $ 26.2 billion in compensation. ( And $ 2.6 billion in taxes. ) In total, the policy industry was creditworthy for $ 35.3 billion of the total California gross state product ( GSP ) in 2015. Altogether, premiums written by place, casualty, animation, and health policy companies in 2016 added up to closely $ 140 billion dollars .
Any way you look at it, indemnity is big business .
Insurance Companies Are Out to Make a Profit.
about every business wants to make money, and there ’ mho nothing ill-timed with that. But after decades of working with accident victims, we ’ ve seen how the avarice of these gigantic corporations has caused them to lose sight of how much people rely on policy to recover from severe and often tragic accidents .
If you trust your insurance company to provide you with the full moon recompense you are entitled to, you are gambling with your future. The U.S. policy industry is the largest in the world, and since 2011, it has systematically had gross of over $ 1.2 trillion per year. How do you think they make profits like that ? Easy. By paying out a little on claims as humanly potential .
What You Can Do to Protect Yourself.
It might not seem right that you have to protect yourself from the people you paid to protect you, but that ’ s often the case. For many people, the best and merely solution after a bad accident is to hire a lawyer and force the indemnity companies to pay what they owe .
indemnity companies are supposed cover fairly ( and honestly ) with customers, a concept known as the “ Implied covenant of good faith and carnival dealing. ” This duty mechanically exists in every insurance contract that has been signed. If you have a policy that your policy company is denying for no good argue, you as the policyholder have the right to sue the ship’s company .
You can proceed with a tort claim and/or a transgress of abridge claim. The difference between the two ? With tort claims, you have the right to sue for punitive and/or admonitory damages. This means that victims of regretful faith insurance can recover significantly more money than the face value of their policy when the insurance company was acting egregiously.
Why You Need a Lawyer Who Doesn’t Take Any Crap.
When you ’ ra dealing with billion-dollar companies by yourself, it ’ s about impossible to come out on the victorious side. They ’ ll pressure you to accept whatever village they are offering, and lowball you from the start. These corporations have armies of defense lawyers whose lone job is to save them money. To take them on, you need your own legal team .
If you were injured in a serious motive fomite accident, don ’ metric ton trust on your indemnity party to act in your best interests. Call us .
At Jurewitz Law Group Injury & Accident Lawyers in San Diego, we ’ ve seen plenty of victims barely like you. Don ’ metric ton get big indemnity air pocket your premiums and walk direction. Do everything in your might to be in full and fairly compensated for your injuries and damages. You can start by calling us, for free, at ( 888 ) 233-5020 .
Remember…Don ’ thymine get screwed !
Ross Jurewitz
Ross Jurewitz is the founder and managing lawyer of the Jurewitz Law Group, a San Diego personal injury attorney law firm. These San Diego injury accident lawyers specialize in helping people seriously injured in a variety of accidents throughout San Diego County and California.
Ross Jurewitz is the collapse and managing lawyer of the Jurewitz Law Group, a San Diego personal injury lawyer law tauten. These San Diego injury accident lawyers specialize in helping people seriously injured in a assortment of accidents throughout San Diego County and California.
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