How Our Firm Deals With Low Insurance Company Offers (10/12/11)

Many of the nationally known insurance companies are using a formulaic approach to evaluating personal injury claims. They arrive at a very low dollar amount and will not increase their offer even in the face of higher court-ordered arbitration awards to the injured party. When the insurance company appeals an arbitration award to superior court and fails to secure a more favorable result from a jury, they're required to pay attorneys' fees and costs.

Our firm has achieved success in multiple cases where the insurance company has appealed. By way of example, in one case the insurer could have settled the case for $26,040.16; however, they ended up writing a check for $84,436.75 to satisfy the judgment after an unsuccessful appeal. In another case, the same insurer could have paid the arbitration award of $24,126.40, but was required to pay $74,114.84 to satisfy the jury verdict. In a third case, the same insurer appealed a $19,145.00 arbitration award and was required to write a check for $52,598.18 to satisfy the jury verdict.

Our firm has a track record and reputation of fighting insurance companies who refuse to fairly compensate victims of negligence for their injuries and damages.

Sincerely,

Michael L. Jacobs, Esq.

Jeffery M. Jacobs, Esq.