Traveler’s is the 9th
auto insurance company in this country. Maryland car accident lawyers have seen that, when trying
to sell insurance and collect premiums, Traveler’s clearly acknowledges that
automobile accident claims can readily be substantial. Their webpage notes
“[w]hether it's a serious auto accident involving pricey medical bills or an
incident on your property, you can quickly find yourself responsible for
damages that exceed the limits on your auto policies. And an expensive judgment
is the last thing you want to worry about.” While the statistics are not
available, any Maryland car accident lawyer I know would be very
interested to see the number of times a Traveler’s adjuster took the position
that a plaintiff’s damages “quickly” exceeded the policy limits. In any event
had an off year last year, with only
$618, million in profits, down from $895 million the year before.
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