Is the "Never Pay Policy" Making a Comeback? How to Fight It - Part I

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Insurance companies bombard us with clever television commercials suggesting they will not only save you money, but will be there in the event of a claim. However, based on the author's admittedly subjective experience, it appears that many insurance carriers act as if they are selling Monty Python's proverbial "Never Pay Policy" when they receive a claim. This article, which is Part I of a multi-part series, discusses the negative consequences on businesses, claimants, and, ultimately, society, that result from the "never pay" approach. Later articles in the series discuss some common sense steps businesses can take to protect their interests in dealing with their insurer.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© John Watkins | Attorney Advertising

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