When you get injured, either in a car accident, a slip and fall, or a workplace accident, working with your insurance company is a frustrating and bewildering ordeal. Though insurers are there to assist you in recovering your losses, their goal is often to pay out as little as possible so they can maintain their profits as high as possible. Alas, there are some things your insurance company may not tell you that will impact your claim.
This Is How You Can Aid Yourself and Your Rights When You Become Injured
1. They Might Attempt to Settle Too Quickly
Insurance providers usually want to pay an insurance claim sooner rather than later. Although it may feel like a great deal initially, settling too soon can be a huge error. By settling too soon, you’re usually signing away less than you’re entitled to — and you may not know the full scope of your injuries yet.
2. They Don’t Always Have Your Best Interests in Mind
Although it might seem that your insurance provider is acting in your best interest, their top priority is to retain as much money as possible from ever being paid out. This can cause them to attempt to delay your claim, push you into a lower payment, or deny your claim outright. Some businesses will attempt to place the blame for the accident on you, even if you are not at fault in the situation, as a means of attempting to limit their liability.
3. They May Give You a Lowball Settlement
It is a usual practice with insurance firms to make you a settlement much less than you’re entitled to. This is an economy move, hoping you’re in a hurry for an instant settlement or are not aware of the actual value of your claim. The initial offer may seem attractive, but keep in mind that this offer will usually not account for all of your costs.
4. They Might Dispute the Extent of Your Injuries
Insurance companies may try to downplay the severity of your injuries, claiming that they aren’t as serious as you’re claiming. They may argue that your injuries were pre-existing or weren’t caused by the accident. This is especially true in cases of soft tissue injuries, which may not be visible through X-rays or MRIs but can cause significant pain and long-term issues.
This article was written by Alla Tenina. Alla is the best Ventura bankruptcy lawyer, and the founder of Tenina Law. She has experience in bankruptcies, real estate planning, and complex tax matters. The information provided on this website does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this site are for general informational purposes only. Information on this website may not constitute the most up-to-date legal or other information. This website contains links to other third-party websites. Such links are only for the convenience of the reader, user or browser; the ABA and its members do not recommend or endorse the contents of the third-party sites.
