Ways Auto Claim Adjusters Lowballing Your Compensation
If you have been injured in an auto accident, you should get full and fair compensation for your damages, including medical bills, lost wages, and pain and suffering. However, the insurance adjuster will likely attempt to lowball your settlement offer. Don’t let them deprive you of the cash you need to facilitate your recovery! The best way to beat them is to learn how they think and use their own knowledge against them. Here’s how you can do that.
SECRET #1: Immediate Action Is Necessary
Evidence is the keystone of any successful injury claim. Unfortunately, with the passage of time, the power of evidence fades. If you do not carefully collect and preserve important evidence, your claim will later lose credibility. Even memory is subject to fogging, so make sure to record all witness accounts as well as your own as soon as you can. If you stall, you will only give the insurance adjuster more room to frame all facts and impressions in their favor.
SECRET #2: Insurance Adjusters Are Not Working for You
Insurance companies are multi-billion dollar industries. Like any other corporation, they operate to make profits above all else. In other words, their loyalties are to their shareholders, not their customers. Your needs are not their concern. The medical gauntlet which you have to run is not their concern. Their one primary concern is to pay as little as possible.
Even if you are a longtime customer, the adjuster will not hesitate to fight you on your claim – after all, that is their job. Therefore, don’t believe them when they say they’re on your side and act accordingly.
SECRET #3: The Insurance Industry Uses Computer Systems to Evaluate Cases …
And the calculations are usually biased. Clerks are known to key in very select, limited medical information that frames the totality of a claim in favor of the insurance company. This skewed data may include the number of physicians visited, the diagnoses and treatments, duration of care, the number of surgeries performed, and so on. Since their evaluation of a claim is based on this data, their offer range is typically far below fair and reasonable value.
SECRET #4: Insurance Companies Don’t Expect Claimants to Challenge Them
Insurance adjusters often confront claimants with an aggressive “take it or leave it” attitude, and tell them that taking legal action will cost them more in the end than just accepting the settlement offer. They do this, knowing that many claimants are not aware of how much their claims are actually worth. However, when confronted by a knowledgeable and persistent claimant, they are more willing to negotiate a fair settlement because they want to avoid litigation, which can cost millions of dollars.
SECRET #5: Those with Professional Legal Representation Tend to Fare Much Better
It’s true. According to a study by the Insurance Research Council, accident victims who obtain a lawyer – even after paying the contingent fee – receive over twice as much money as those who do not obtain a lawyer.
Contact an Auto Accident Law Firm Today
Is the insurance company refusing to give you the financial support you deserve after a bad crash? If so, please don’t hesitate to contact the experienced California car accident attorneys at Wilshire Law Firm for immediate legal assistance. We have a deep understanding of how insurance companies work and can counter their tactics in order to net you maximum recovery for your losses. To learn more about your rights and best options, call us today at (800) 522-7274. We offer FREE consultations.