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#550016 - 09/21/09 04:11 PM Frivolous Lawsuits
Insurance Guru Offline

BellaOnline Editor
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Registered: 10/24/08
Posts: 24
Frivolous lawsuits cost policyholders millions in premium increases each year. As a former bodily injury adjuster I have seen my share of frivolous lawsuits. What experience have you had with frivolous lawsuits?
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#725832 - 11/16/11 10:13 AM Re: Frivolous Lawsuits [Re: Insurance Guru]
Lisa LowCarb / VideoGames Offline
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Registered: 01/05/04
Posts: 20144
I do worry about a random person coming along with a wild lawsuit and destroying everything I have worked so hard to build. I do carry business insurance. It's sad that we live in a world where a single person can destroy others as long as they can pay for a lawyer. It seems as if the person with the most money can "automatically win" by driving the other person to bankruptcy.

Sort of a Sword of Damocles thing.
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