
Q: What is Tort Reform? I keep hearing about it.
A: Tort reform in short, is a fairy tale that was made up and spread by the insurance industry in order to limit the maximum amount of recovery that a person involved in an accident can receive; no matter how serious the injuries, and to reduce the average payout to every injured person.
The insurance industry’s reason behind this “reform” is to make even greater profits, by raising your insurance rates and paying out less in settlements and verdicts.
Insurance companies try to sell us this story by telling us that Tort Reform will allow them to keep insurance rates low. When in fact, insurance companies just keep getting fatter and fatter, insurance rates continue to rise and the average person who buys into their fairy tale does not realize that they have been hoodwinked until they are in a serious accident and want only to be treated fairly.
The insurance industry has painted a picture of lawyers taking minor injury claims and getting hundreds of thousands of dollars for these cases. This is simply just not true! However, the success the insurance companies have had in tainting the minds of jurors has convinced them that it pays to make low settlement offers.
Jeffrey Meldon Tip: Make sure to hire a Florida car accident lawyer to represent you that has the determination, reputation and experience to go head to head with the powerful insurance companies.
Begin your case review by filling out the form below or call us toll free at 1-800-373-8000.
Jeffrey Meldon & Associates, PA
703 North Main Street
Suite A
Gainesville, FL 32601
Phone: (352) 373-8000
Fax: (352) 373-8400
Toll Free: (800) 373-8000
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