Legal Question in Insurance Law in Colorado
protection from winning
how can a small town with limted money defend it self from baseless lawsuits. Even the cost of winning is to much if we get to many. Insures has informed us that the cost of defending wil result in higher premiens and possable canceltion.
1 Answer from Attorneys
Re: protection from winning
It sounds like you are being given wrong
advice from your insurer, who received premiums
for agreeing to defend baseless (and valid) claims.
There are a number of risk management options, and
I suggest you speak to a knowledgeable insurance
broker. Higher deductibles, staff counsel, negotiated
panel counsel; these are some of the options.
Just because you are in a small town doesn't mean
you cannot use the services of a metropolitan
broker who knows about risks.