The insurance business is a multi-billion dollar industry. In 2010, the top 10 car insurance providers made a total of 53 billion dollars in profits. With pockets this deep, many people wonder why it is so hard to get payment for injuries caused by their clients.
An insurance adjuster is in the business of saving money for his company. The first priority is to make as little of an impact as possible on the bottom line. To do this, an adjuster must coerce you into accepting a settlement that may not cover your costs, leaving you to pay for the mistakes of insurer’s client. Because of this, many people turn to the help of an experienced Orlando car accident attorney.
An Orlando personal injury law firm like Auto Justice Attorney has seen first hand the tricks that insurance companies play. Here are the top three to be aware of:
- Offering a low settlement initially –Many insurance adjusters will tell you that you do not need a lawyer to help with your claim. Instead, to try to stop you from getting an attorney, they will offer you a settlement up front. This settlement is usually very low compared to what you deserve to receive in compensation, and may leave you paying more money in the long term for something that was not your fault.
- Denying payment of medical expenses –Medical costs can be tricky to negotiate. Many times, if there is any doubt, the insurance adjuster will immediately deny you compensation. With help from an Orlando personal injury lawyer, you can put the law on your side.
- Get you to sign a release or statement –There is a lot of paperwork and confusion when it comes to car accident settlements. Your insurance adjuster may try to get you to sign a document that leaves you paying more than you may realize. Never sign a document without talking to your attorney first.