It is an understatement to say that being involved in a car accident is a miserable circumstance. Nevertheless, there still may be a silver lining behind this misfortune, especially if you are spared of any significant injuries. However, it would help if you dealt with insurance companies to be able to cover your medical bills, as well as the damage to your property.
Thus, here are some things you need to know when dealing with insurance companies after an accident.
Practice extreme precaution on preliminary negotiations
More often than not, insurance companies will initially let you talk with coverage adjusters. These are the people of the insurance company who may be helpful, but they are trained to protect the company’s best interest. Thereby, they have the task of negotiating the right amount of money being claimed to the bare minimum possible sum that you are willing to accept.
Thereby, be wary of accepting the first settlement that they are offering. The best thing to do is to seek the help of experienced auto accident attorneys for you to know your rights as a claimant. The seasoned lawyers from The Davis Firm, LLC, will be able to help you pursue the money that is right for you at the earliest possible time. It is essential to hire a lawyer to do the dirty work for you in terms of coverage claims. That way, you can focus on your healing, as well as the repair to your property.
Refrain from signing any document without a meticulous review
Generally, insurance companies are still established businesses that are in the industry for profit and revenue. Thus, it can be deemed that they may not be obligated to treat you fairly or promptly. There are even instances wherein the insurance company will try to avoid paying for your medical expenses and will only cover the repair for damages to your car. During these instances, you may be required to sign certain documents that you need to review thoroughly.
These documents may contain a version of the car accident that is beneficial for the insurance company. In addition to this, there might be a clause in the agreement that you are waiving your rights to file for additional damages, which may be inconvenient, especially if your injuries are worse than you thought. Thereby, before signing any document presented to you by the insurance company, make sure that you have a full understanding, and it will even be better if you have an experienced lawyer review it for you.
Watch out for Personal Medical Expenses
One of the most common tactics of insurance companies is that they will try to get out of paying your medical expenses. Just like what was previously said, insurance companies do this because they know that medical costs can be costly, and they can also be ongoing. Unlike replacing a car, a single payment can be made by the coverage company, and that is it.
That is why it is not uncommon to be presented with a large payout offer that comes with a caveat on the medical expenses saying that you will pay those yourself. Make sure you watch out for this tactic because it is not always beneficial for you. Yes, the payout may seem more significant, but you need to think about all the medical costs you might incur in the future due to your injury.
One of the best things you can do in this situation is to consult a medical doctor and have them assess your physical injuries after an accident. Make sure you ask the doctor if they think you will suffer from your injuries in the future, as this can help you make a decision.
Watch What You Say
When you are speaking with an insurance negotiator, you must remember that they are not on your side. The insurance negotiator may seem friendly at times, but you must never forget that they are not your friend.
Insurance negotiators work for the coverage company, not you, and they have a job to do, which is to reduce the financial liability of the company. When you are speaking to one, you must exercise extreme caution with what you tell them. They can hold anything you say against you, and this can result in your insurance claim being reduced or even denied outright.
You can Appeal the Insurance Company’s Decision
Another thing you should know when you are speaking to an insurance company after an insurance claim is that you have the right to appeal their decision. It is important to remember this because many people think that whatever the company tells them goes, but this could not be further from the truth.
If you feel like the company has low balled you by giving you a small insurance payout, then you need to consult a lawyer immediately so that you can begin the process of appealing the insurance company’s decision. Do not feel intimidated if an insurance company has low balled you. Just remember to stay calm and do not sign anything or accept the payment until you have obtained a second opinion from a lawyer. Make sure you do not allow the refund because it can hurt your appeal process.
If you have had an accident and are now dealing with an insurance company, you must remember these tips. Dealing with insurance companies can be an intimidating process, and you must be prepared when you speak to them. Make sure you exercise extreme caution and never make a decision without thinking first. If you need some help dealing with an insurance company after an accident, the single best thing you can do is speak to a lawyer as they will be able to help navigate you through the process and ensure that your rights are being upheld.