Anybody who has had to file a personal injury claim can tell you that dealing with insurance companies can be frustrating. The insurance claims process is already complex as it is, but insurance companies have a way of making things even more difficult for the injured. If you are filing a claim or about to file a claim, you should be aware of how the insurance industry works and what to expect when talking to adjusters. Below are some things that insurance companies don’t want you to know.
Here are some secrets that insurance adjusters don’t tell claimants:
- Insurance companies don’t really want to pay you. In fact, they will often try to pay you as little as they can get away with, or find any reason to deny your claim. Insurance companies are out to make a profit, and they do so by paying out as little as possible.
- You are not required to provide a recorded statement. When an insurance adjuster approaches you to talk about your claim, he or she may ask you to give a recorded statement. The purpose behind recording you is so that they can catch you saying the wrong thing and use your statements against you.
- It might be better to wait a while before settling. Quickly settling a claim may be great for the insurance company, but it may not be in your best interests. Insurers would rather have you accept a lowball offer quickly rather than pay you the full amount you deserve. Before you settle any claims, you should always know what your case is worth.
- You can negotiate your claim. Don’t make the mistake of thinking that the insurer’s offer is their “best offer.” Most insurance claims are negotiable, and insurance adjusters do receive training on how to negotiate settlements.
- Your insurer would rather settle than go to court. Litigation is expensive and can cause insurers to lose money. Although they may appear willing to fight your claim in court, they are more interested in settling a case rather than going to court. An experienced attorney knows how to leverage the threat of litigation to help you get the best possible settlement.
- Having a personal injury lawyer improves your chance of settling. The reality is, insurance companies don’t want to deal with attorneys. Attorneys know the law and how to evaluate a claim’s true worth. When you are represented by a lawyer, you are much more likely to settle your claim fairly than if you tried to go at it alone.
Helping Clients Even the Playing Field with Insurers
Goeing Goeing & McQuinn PLLC’s team of Lexington, KY personal injury lawyers know how the insurance industry works. We know their tactics and the strategies that they use to delay, deny, and underpay claims. With more than two decades of legal experience on your side, we can help you even the playing field and protect you from being taken advantage of insurance companies.