View Single Post
  #34 (permalink)  
Old 02-17-2023, 11:02 AM
eschaider's Avatar
eschaider eschaider is offline
CC Member
Visit my Photo Gallery

 
Join Date: Feb 2006
Location: Gilroy, CA
Cobra Make, Engine: SPF 2291, Whipple Blown & Injected 4V ModMotor
Posts: 2,732
Not Ranked     
Default

Quote:
Originally Posted by patrickt View Post
1) The insured picks a high number for loss of use.
2) The insurance carrier picks a low number.
3) Both sides hire prostitutes to opine on the value.
4) Both sides depose the other side's prostitute and run up billable hours.
5) The carrier tries to keep the case from going to a jury. Juries hate insurance carriers.
6) If the carrier can't keep the case out of the hands of a jury, they will likely settle for a higher number.
7) If they can keep the case away from a jury they will settle, but for less.
8) If the insured is unreasonable, the case will not settle.

All numbers are just made up by whatever side you're on. That's how the game is played.

Elegant, to the point and spot on, Patrick — thanks.
__________________


Help them do what they would have done if they had known what they could do.
Reply With Quote