Quote:
Originally Posted by retiredguy123
That doesn't answer my question. Why would an insurance company pay $9,000 for a claim that has no merit? Most people are not going to hire a lawyer to sue an insurance company. There are a lot of roofs being replaced in The Villages that were not totally damaged by wind. Many of them only have minor damage or none at all.
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People do hire lawyers all the time. Lawyers get a % of what they collect. Happens every day. Roofers tell the insured to call so and so attorney. Have you seen the ads on TV? There are agencies in The Villages that write lots of home policies. Each year the insurance company gives them their loss ratio. Claims paid vs premium collected. Many have over 100% loss ratio. Zero profit.
When I was an agent I had clients who called to report a claim and said they hired an attorney. I asked once, Why would you do that before even turning in the claim? There answer, “That is what they tell you to do on TV.”