Introduction:
Insurance companies are in the business of making profits, often employing strategies to minimize or deny claims. Here’s a look at how insurance companies handle claims and why having an attorney is crucial.
Content Outline:
Common Tactics Insurance Companies Use
- Delay Tactics: Insurance companies may drag out the process to pressure clients into lower settlements.
- Denial of Liability: Adjusters may argue that their policyholder is not at fault.
- Offering Quick Low Settlements: Insurance companies may offer a quick, low settlement, hoping clients will accept it without realizing the full extent of their injuries or damages.
Why Insurance Companies Aren’t on Your Side
- Explain that insurance companies have their financial interests in mind, even when working with their own policyholders.
- Outline how they might use clients’ statements against them, highlighting the need to be cautious with communication.
How an Attorney Can Level the Playing Field
- Negotiating for Fair Compensation: Attorneys know the true value of a claim and push for compensation covering all damages.
- Protecting Client Rights: Attorneys prevent clients from being taken advantage of and ensure they aren’t pressured into low settlements.
- Experience with Insurance Policies and Laws: An attorney knows state laws and policy regulations that can significantly impact the claim’s outcome.
Conclusion:
Hiring an attorney shifts the balance, ensuring you have a knowledgeable advocate who will counter insurance tactics and secure a fair settlement or take the case to court if necessary.