There is no denying that those who are injured in accidents need a bit of help recovering. Unfortunately, it is not uncommon for car accident victims to attempt to secure excessive verdicts for more compensation than they realistically need or could benefit from. Texas insurance companies are often labeled the bad guys if they do not immediately shell out, too.
Is negligence just too common?
Accidents are a rather routine part of life. Allegations of negligence that go along with these accidents are fairly common as well. Insurers often see allegations of neglect in regard to:
- Car, motorcycle and truck accidents
- Slip and fall accidents or other premises liability cases
- Medical malpractice
- Professional liability
- Dangerous products
- Workplace accidents and injuries
How much is too much?
As society has grown more litigious, more and more people seem eager to go after the largest possible payout. This includes six- and even seven-figure payouts that more than cover a victim’s bills and related damages. While these men and women certainly deserve some type of compensation, it should always be in accordance with the insurance company’s policies.
Frivolous claims can cause a heavy blow to your insurance company’s daily operations. Minimizing conflict over these types of claims and avoiding litigation that may lead to excessive verdicts is often preferable to waiting to see how things play out on their own. If you are ready to learn more about protecting your company and how insurance litigation works in Texas, be sure to visit our website.