Unfortunately, filing a car insurance claim isn’t an easy process, and many claimants are absolutely shocked to discover that their insurance company isn’t on their side as they claim to be. It is more common than you may think for an insurer to take advantage of those who file an insurance claim. This is because they are losing money by having to provide you with an injury settlement.
However, there are ways you can protect your money and prevent yourself from losing money you deserve. Continue reading to learn more about how you could outsmart the insurance company when you file an insurance claim.
One of the most common ways an insurer will try to reduce your settlement is by asking you for a statement. Though it may seem innocent enough, the insurance adjuster is actually going to use your own words against you, if they can.
Many insurance adjusters have been known to manipulate a claimants words to make it seem as though they have admitted fault in some way or accepted responsibility for causing the accident, according to one personal injury law firm, Custodio & Dubey, LLP. Your best bet is to have any statement you might give be reviewed by a legal professional as opposed to giving them a statement that could be used against you.
Similarly, don’t give a statement to the other party’s insurance company at all; you are not obligated to do so. They are only looking for you to admit fault so they don’t have to cover your damages.
In many situations, the insurance company will make you an injury settlement offer. But, just because they made you an offer doesn’t mean you have to accept it. You are well within your rights to reject their offer and even make one of your own by counteroffering. The insurer is likely going to offer you far less than you deserve, so don’t be afraid to negotiate for what’s rightfully yours.
Though it can be tempting to accept an offer from the insurance company, you should also be sure to review your offer with your lawyer before you make the decision to accept.
It is very unlikely that the insurer has made you a fair offer, and while you may need the money as soon as possible to cover your damages, you could also obtain a much larger settlement if you refuse to accept less than you deserve. Go into your settlement discussions with the knowledge that the insurer is looking out for themselves, so you should too.