In the past, lawsuits have revealed internal documents which proved that insurance companies sometimes intentionally delay payment on their claims. These documents have also revealed that the insurance companies intentionally attempt to make enforcing your rights so expensive that you simply give up on your claim. When you give up, the insurance companies make big profits which are funneled to their CEOs in the form of bonuses or are paid out as dividends to their shareholders. Sometimes, it does not always work out so well for the insurance companies.
Taylor, Warren & Weidner, P.A. took Universal Property & Casualty Insurance Company to court for refusing to pay a claim it had promised to do so in the policy it sold to the homeowners. Universal Property & Casualty Insurance Company refused to pay for a home that burnt down after a fire which left a family of six out on the street. The jury agreed with the family and ordered Universal Property & Casualty Insurance Company to pay for the damages as it had promised to do when the homeowners purchased the policy of coverage.
The verdict justly compensated the family for the losses. However, this justice took over eight years of costly litigation. Based on this delay and the costs of the litigation, which the family needlessly had to endure, Taylor, Warren & Weidner, P.A. asked the Court for additional compensation. The Court agreed and awarded the family $132,793.07 in attorney’s fees and costs and $73,540.82 as compensation for the delays. These funds were in addition to the money the family was awarded by the jury to rebuild their house.
This family is a perfect example of how resolve and determination can help level the playing field between a big insurance company and an individual. Some people choose to forego legal representation because they do not believe they can afford a lawyer. This is not always the case. In these economic times, you cannot afford not to hire a lawyer. The best chance you have of receiving full and fair compensation is to consult with a lawyer as soon as possible. Contact us today to discuss your rights without any obligation, fee, or cost unless you retain us and we make a recovery on your behalf.
