Five Secrets the Insurance Companies Don’t Want You to Know
If you've been in an accident, you're probably feeling confused and overwhelmed. The insurance company may appear to be on your side, but they are not. Insurance companies are for-profit enterprises, and their primary goal is to make a profit. They'll do anything to pay you as little as possible, including employing these five tricks. Secret #1: The Insurance Company Is Not Your Friend Insurance adjusters will make an effort to befriend and gain your trust. They may even sympathize with you and express a desire to assist you. But don't be deceived. Their job is to protect the bottom line of their company, not to assist you. Secret #2: Quick settlements are frequently undervalued. To avoid going to court, insurance companies may offer you a quick settlement. This settlement, however, is usually much lower than what you deserve. Accept their first offer only after consulting with an experienced accident attorney who can assist you in determining the true value of your claim. Secret #3: Delay tactics are widely used. Insurance companies frequently postpone the claims process in the hopes that you will give up or settle for less. They may request unnecessary paperwork or medical records, or they may require you to jump through other hoops. An experienced accident attorney can assist you in navigating these tactics and keeping your claim on track. Secret #4: Your statements have the potential to be used against you. Insurance adjusters will frequently request a recorded statement from you. This statement can be used against you in court, so use caution. An experienced accident attorney can assist you in preparing for these statements and ensuring that you do not say anything that will jeopardize your case. Secret #5: [...]