Tag: policy limits

Legal Chaos or Just Business? Georgia Insurance Company Pushes Back on $22 Million Payout

John Bowers
Georgia Insurance Payout

Georgia Insurance Carrier Refuses to Pay $22 Million Verdict A High-Stakes Collision That’s Far From Over Imagine you’re sitting on a hefty $22 million verdict awarded by a jury. Now imagine the insurer responsible for covering that claim refuses to pay more than their policy limit of $1 million. Welcome to the legal aftermath of a 2021 collision in DeKalb County, Georgia, where a truck accident left the jury awarding the multimillion-dollar judgment. Yet, the insurer, Knight Specialty Insurance Co., has drawn a line, capping their liability at the policy…

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The Most Important Things To Know About High Value Homeowners Insurance

Guest Author

While a standard home insurance policy may provide a passable level of protection, high value homeowners may struggle to enjoy the proper peace of mind. The additional coverage that high value homeowners insurance has to offer alleviates many of the more common concerns but there is a wide range of considerations that need to be made. By taking the time to do the necessary research, it has never been easier for a high-value homeowner to zero in on the coverage that they need. The more protection that a homeowner obtains for…

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