bfernald0
Well-Known Member
- May 18, 2020
- 408
- Boat Info
- 340 Sundancer 2001
- Engines
- 8.2L Mercruiser ECT Horizons
All insurers have deep pockets. Some, however, treat their customers better than others, and some develop a reputation for denying claims out of the gate. Progressive is one such insurer that has developed that reputation, at least among professionals in the marine industry. This is approximately a $20,000 claim. The unfortunate reality is that few would hire an attorney to pursue a $20,000 claim, because the cost of paying an attorney, on top of the cost of funding the repair yourself, makes little economic sense. As a result, insurers like Progressive get away with denying a legitimate claim, knowing full well that they will not be called to account for it.What attorney would publicly announce that they are a “lawyer” and they will “sue out of principal “ while publicly trashing a huge insurance company with deep pockets?
In this instance, however, I intend to hold Progressive to the letter of their policy, as I can do so without paying another attorney to go through the process. The reality is that Progressive is going to spend far more defending a lawsuit, than they will simply paying the claim. However, as these are large insurers with a bureaucracy to match, I suspect they'll do so anyway.
I am going to document the process, to give others a roadmap on how to challenge a no from an insurer. Doesn't cost me anything to do it and hopefully it will be helpful to others in a similar situation.