In an uninsured motorist case, GEICO was recently hit with a punitive damages award of $2,500,000 after a jury concluded it did not act in good faith by refusing to pay legitimate damages after a fatal accident caused by a driver without insurance.
Uninsured motorist coverage is supposed to protect you if you get hit by someone who doesn't have insurance or doesn't have enough to pay for the harms and losses he caused - your medical expenses, cost of surgery, future medical care needs, lost income, etc. And it's a coverage you buy and pay the premiums for.
Unfortunately, for one widow in Montana, whose husband was killed by a driver who was on drugs and didn't have insurance, it didn't work out that way. Even though her husband bought the insurance to protect her, the insurance company didn't live up to its promises and fought her every step of the way - even after a federal judge found GEICO had breached its insurance contract.
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Do you think your insurance company would do this to you or your family?