Page 3 - Lawyer Copy of Final Version MPRC COLLATERAL OPTION 4 (8.5 × 11 in)_Neat
P. 3
OPTION 1- Insurance Company
Objective : Delay-Deny-Defend
What they do
Adjusting decisions that minimize your claim and their financial risk
Misled by asserting that they will only pay the lowest cost
Use delay tactics to either deny the claim or to apply economic pressure
Use a team of loyal vendors to document and defend their value position
Why it does NOT work
They control the You determine They use their Lack of Conflict of Ambiguity
claims process the cost of your economic transparency Interest - PV regarding your
by directing claim, not your advantage to and honesty signed contract contractual
their vendors to insurer your detriment with both insurer rights and
minimize scope and insured responsibilities
Your outcome
Denied Claim Significant ALE or LOI Incomplete Frustration Loss of Financial
or Partial Delays Payments or Inferior and Home or Ruin
Covered Stopped Workmanship Helplessness Business
Claim
Shortcut result:
Your Property
Investment
50% LESS in
your property resale value
You are still not made whole. Why
leave 50% of your investment money
on the table?
