A $7 million verdict was awarded to the widow of a Tampa police veteran killed in a motorcycle accident. The Officer was killed in May 2008 when a county employee turned his pick-up truck into the path of the off-duty officer’s motorcycle. The truck driver said he never saw the motorcycle. The family offered to settle with the county for $2 million – the maximum amount covered by the county’s insurance policy, but the county refused electing to go to trial.
It took almost four years to obtain appropriate justice in this case. The plaintiff’s attorney asked for $5.1 million. Ultimately, the jury felt the case was worth more and once learning there was not damages cap, awarded the plaintiff $7 million.
The county has 30 days to file an appeal. An appeal will result in further delays, further uncertainty, and increased financial distress. Appeal or not, it could be years before the family sees any of the money because the award exceeds the county’s insurance policy.
Lawsuits are expensive; the majority of injured people who make claims do not have significant assets. Defendants, typically, do not have this problem. Someone who causes an accident turns the matter over to a billion dollar insurance company; the insurance company likes to hold on to its money, keeping it invested, making more and more money. It engages in frivolous defenses, anything that will prolong the litigation and make the plaintiff more desperate to settle for less. Even in cases where the defendant is obviously at fault, the insurance company will “delay, deny, confuse and refuse”. The plaintiff, on the other hand, spends thousands of dollars and years in litigation to negate a frivolous defense.
Litigation funding may have helped this family during the lawsuit and a potential appeal. It is an emergency cash advance, designed to help the plaintiff financially – paying medical expenses, funeral and burial expenses, mortgage rent, car payments – while awaiting a lawsuit settlement. Applying for a lawsuit cash advance requires one to simply complete an application online or call our office. If the application is approved, your pre-settlement funding proceeds are in your hands within 24 – 48 hours.