Stay ahead of the Insurance Companies with these 7 facts the big insurance companies don’t want you to know.
WHAT BIG INSURANCE COMPANIES DON’T WANT YOU TO KNOW
- Rigid legal timelines can prevent a victim from going to court. The insurance companies count on these time deadlines, known as statutes of limitations. The failure to act in a timely manner may be a complete barrier to your right to recover compensation for injuries.
- The goal of the insurance adjuster is to investigate the accident and gather enough evidence to prove the smallest settlement possible is “reasonable”.
- Insurance companies are profit-driven corporations. The goal is to make money. All of those compassionate commercials are false advertising. Insurance companies do whatever it takes to curtail claim payments.
- If you were injured by an uninsured motorist, your own insurance company may not be easy to cooperate. At the end of the day, it’s about the stakeholders and profit.
- The insurance companies will do whatever they can to minimize your pain and treatment costs. Photographs and video provide powerful evidence.
- Insurance companies use a shared database system to share information. They have programmed this software to favor themselves and this kicks out skewed data. The misrepresented data causes the claim to be framed in an untrue manner, resulting in settlement offers far below a fair and reasonable value.
- Insurance companies do not want you to hire a lawyer. Victims are consistently awarded more compensation when they are represented by counsel.
Remember – if you’re ever in an accident, the most important tip is to NOT give any information to the other person’s insurance company. Contact Huffman & Huffman immediately at (757) 599-6050.
Categories
Relative Posts
-
Teen Driver Risk Factors
View ArticleBecoming a licensed driver is a significant event in any teen’s life. Unfortunately, it can be terrifying for parents and caregivers. Driving is an enormous responsibility, and it is a task that requires quick decision-making. The reality is that teens are more likely to be in car accidents because of their lack of driving experience....
-
RAISE YOUR AWARENESS ABOUT DISTRACTED DRIVING
View ArticleDistracted driving is one of the fastest growing safety issues on the road today. Every day, thousands of people are injured in distracted driving accidents. It only takes a few seconds of taking your eyes off the road for an unfortunate accident to happen. According to the National Highway Traffic Safety Administration, over 3,142 people were...
-
WHAT IS CONTRIBUTORY NEGLIGENCE AND CAN IT HURT MY PERSONAL INJURY CASE?
View ArticleVirginia is one of only a handful of states in the country that uses contributory negligence rules when considering personal injury claims. If you’ve been injured in an accident in Virginia, contributory negligence can be a serious problem for you and your case. Under contributory negligence laws, you can lose your entire right to collect financial recovery from...