Auto accident personal injury claims can take a long time to settle. Although insurance companies have an ethical and legal duty to act in good faith and pay legitimate claims promptly, many will deny, delay, and defend claims as long as possible. Auto accident lawsuit funding can help auto accident victims stay afloat, make ends meet, and avoid financial disaster during the litigation process.
A man suffered serious injuries and underwent numerous surgeries after a 2011 auto accident caused by an uninsured driver. Despite having uninsured motorist coverage under his own auto policy, and despite paying his premiums, the man’s insurance carrier denied his claim and refused to make medical payments. The innocent victim filed a lawsuit, which wasn’t settled for five years. During that time, his family faced financial hardship.
Suffering a personal injury in an auto accident is bad enough, but when your own insurance company refuses, in bad faith, to negotiate or settle the claim, the victim is forced to fight for his/her rights.