Secrets Insurance Claims Adjusters Don’t Want You to Know
After an accident, the first company to reach out to you will be the at-fault party’s insurance company.
They might seem as though they are on your side. They will tell you that they are concerned about you and your family’s well-being. However, there are things that they do not want you to know, especially when it comes to their strategy.
Insurance claims adjusters are very well-trained. They know how to talk to victims and get them on their side. However, the goal with this training is to do one thing: lower the amount of compensation you receive. After all, insurance companies have a bottom line. They are a business and a business wants to preserve their funds. So, whatever it takes to lessen your settlement, they will do.
10 Things Insurance Companies Don’t Want Victims to Know
You are the victim, but now is the time to be your advocate. You must know what the insurance company really wants from you and more importantly, how to get what you need.
They do not want you to hire an attorney. The worst nightmare for an insurance claims adjuster is the victim who hires a lawyer. If you hire an attorney, you are already a step ahead of their plan and they know that they cannot use the same tactics with a lawyer. So, they try to offer a settlement before you get one – in hopes that you will not hire a lawyer.
The insurance claims adjuster pretends to be your friend, but they aren’t. No matter how friendly and understanding they are, you must realize that insurance claims adjusters are not your friend. They are there to make money for their company, and they cannot do that if they pay out millions in a settlement.
Recorded statements are not required. The claims adjuster will try to tell you that you need to give a recorded statement, but there is no law requiring you to do so. Therefore, do not give in and do it.
They may mislead you. While insurance companies are not allowed to lie or deceive, they may use statements to see how much you know about your rights. These statements are purposely misleading, such as telling you that you cannot receive compensation for prescription medications and so forth.
They do want to settle, but not for much. Surprisingly, the insurance company is just as motivated as you to settle the case, but they are not as motivated as you are. Also, they are not there to settle for as much as you deserve or think you should receive.
They are trained negotiators. Insurance companies have all claims adjusters trained to negotiate. Therefore, they know how to bargain and get you down to a lower settlement amount. It is their job. Thinking that you can negotiate with one puts you at a serious disadvantage.
You are dealing with their attorneys too. You might not hire an attorney, but if you are talking to a claims adjuster, you are dealing with their lawyers. Insurance companies have attorneys that advise their adjusters when making settlements.
Insurance companies use doctors to deny claims. The insurance company will have a doctor review your injuries and statements. This is not for your benefit. Instead, they use these doctors to deny your claim or lower your settlement amount by saying treatments or diagnoses were incorrect.
Insurance companies make money. Insurance companies are there to make money. That is why they advertise their services online and try to get new clients. They are there to run a successful business.
Spending millions on lobbying laws that do not work in your favor. Sadly, insurance companies do spend millions with lobbyists trying to pass laws that work in their favor more than the victims’.
You Have the Right to an Attorney
You have the right to hire a lawyer to assist you with your case. Do not let an adjuster talk you out of hiring an attorney for your claim. Instead, hire someone that is on your side and is there to negotiate and protect you, while you focus on healing.