DEALING WITH INSURANCE COMPANIES AFTER A CAR WRECK
Insurance companies look out for their interests, not yours. That’s why it’s important to have an experienced attorney on your side who knows how to deal with insurance companies, what questions to ask, what tricks they use, and ways to stay ahead of the curve.
It is the insurance company’s responsibility to try to limit the recovery of the damages caused by the accident and will seek to obtain the lowest settlement possible, despite cause for a larger settlement. Accordingly, insurance companies have established very specific and elaborate procedures on handling auto accident claims, especially in the early stages of the claim.
The insurance company is usually able to accomplish all of these items within the first week after the auto collision and many of them within the first 24 to 48 hours after the auto accident.
Although the approach or tactics of insurance companies vary, many insurance companies try to reach a quick settlement with an injured person. Their purpose is to avoid responsibility for future medical expenses, lost wages and other damages that are likely to develop. This is a trap which an injured person needs to avoid. When a person is injured in an auto accident, it very often takes months to completely assess the person’s injuries. At that point, the person may need surgery or other extensive treatment. The injuries may leave the person permanently disabled even after corrective surgery. Therefore, the true value of a claim can only be assessed after a firm prognosis has been established by a physician.