Stubborn insurance company refuses to pay judgment
There’s still no movement on the auto diminished value claim of Vic, and there’s a very good lesson for those of you following this story. I have a judgment against the other driver, I have recorded the judgment in 2 counties, and the insurance company still hasn’t paid the damages. The next step is to start collection activities such as suspending the driver’s license of the at fault driver, attaching his bank account and property, demanding the insurance company turn over information about his policy and whereabouts, among others. Despite the risk to the at fault driver of having his driver’s license suspended, and his property seized, the insurance company still refuses to pay. This is exactly the opposite of what insurance is supposed to do. Insurance is supposed provide a financial source to pay claims and judgments. This doesn’t do any good for the driver. He still hasn’t been paid for his diminished value claim. But it’s also a great lesson for do-it-yourself claimants.