We would all like to believe that others will treat us fairly, particularly when we have been injured and are at our most vulnerable. Sadly, the truth is that insurance companies often try to avoid paying claims in order to save money, even when it is clear that the victim deserves compensation. In many cases, this will take the form of a lowball offer that seems reasonable to the victim, but in reality does not even come close to paying all of his or her medical bills, let alone expenses related to other aspects of the injury. Unfortunately, many victims do not realize this until it is too late and they have already agreed to settle with the insurance company.
The skyrocketing rise in jury awards for victims of large truck companies was a topic we wrote about just as the new year began. The reasons, as we noted, are numerous.
Just as we published the article, we heard the news of a stunning $70 million jury award for the family who was devastated when a big rig truck slammed into their SUV.