02-02-2003, 07:41 PM
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CC Member
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Join Date: Oct 2002
Location: Texas,
Tx
Cobra Make, Engine: CSX 4039 427 FE 1966- SOLD
Posts: 749
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southernfriedcj said:
I wonder how much my insurance costs would be if we had Tort Reform? [/b][/quote]
Your settlement costs would be much lower, and your liability rates would be much lower, but your court costs would be the same, because trial and defense lawyers have this unspoken circle jerk, where even a frivolous suit with a summary judgement can cost $100,000 in defense costs with endless filings involved. In the end, the attorneys on both sides get rich, and in the event of a summary judgement dismissing the case, the plaintiff and the defendent get fleeced. No, you say?
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