Maryland Senate Bill 468 Relief For Injury Victims
The Waiting Might Get Shorter in Maryland
As we have mentioned before, there are some very specific and important advantages that insurance companies have over their policyholders. They have money, and they have time. These are things that many of us possess to a certain degree, but most of us certainly don’t have insurance company time and money.
For instance, if any of us get injured in a car accident, it usually goes without saying that we could use that insurance money as soon as possible. There is rent or the mortgage payment to worry about. There are utilities, groceries, and any number costs that we all accumulate in day to day life. The last thing anyone needs is a delay in getting that insurance settlement.
Unfortunately, those delays happen more often most of us would like, and they often happen on purpose. Insurance companies rarely simply receive a bill and then send a check. They haggle, they deny, they make a list of what they will and will not pay for, and then they offer you what they think is reasonable rather than what is fair.
Rarely do these payments cover all of the expenses that injury victims incur, and often the victim is left with the option of either taking less money than they should, or having to go to court. This is when the “waiting” aspect comes in, and this wait never works to the advantage of the injured. In fact, it is usually quite the opposite.
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