Re: auto insurance lawsuits or arbitration?

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Posted by BIZSMash on July 03, 2010 at 12:28:54:

In Reply to: auto insurance lawsuits or arbitration? posted by Inept on July 03, 2010 at 02:12:04:

Inept?

It's so true many auto insurance claims are fought by stalling and delaying and low ball offers. The car insurance company is not looking to make friends when you are asking them for money, they are a for profit business.

BIZSMash

: "Find out if you are giving up your right to go to court and will be forced into arbitration if there is a disagreement [between you and the insurance company]," one expert advised. "You're much better off if you don't give up this right. It makes it easier for [insurers] to take advantage of you." If you find a clause to this effect, all isn't necessarily lost. "At least in theory, a contract is a mutual agreement, so you should be able to cross out that line in the policy," he said. If the company won't agree to the policy sans clause, then you should probably take your business elsewhere.




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