After an incident where a person is injured, such as between a bicyclist and a car, both parties are going to get calls from insurance companies and insurance companies want to take a statement because they want to find out what happened and document their file.
- If it is very clear in the person’s mind what did occur, it might be appropriate to talk to the insurance adjuster. However, if you are in doubt as to what occurred, you probably ought to talk to a lawyer before you talk to the insurance adjuster.
- You may talk to your own insurance company about what occurred, but if you give a recorded statement, that may be disclosed to the other side in any type of litigation. In addition to that, if you suffer serious injury and you do anticipate filing something like a lawsuit to recover your money, you should not talk to the insurance adjuster before you talk to a lawyer.
- The insurance company’s agents are trained to ask questions and they are trained to ask questions to make it look like their insured was not at fault and, that is their job. You don’t want to talk to them without having a chance to talk to a lawyer first.
How Do Insurance Companies Handle Car Accident Claims?
Having represented insurance companies for many, many years before I started representing victims, I understand how the insurance companies work and it’s a little bit backward from what most people think. First of all, everyone needs to understand that insurance companies are a big business and these cases involve big business decisions.
- Their goal is to hold onto their money as long as they can because the longer they hold onto their money, the more money they’re going to make on investments, interests, and so on.
- The way that affects victims of accidents that the insurance company isn’t looking at a case and saying “oh, we owe this person dollars to fairly and adequately compensate them.” They’re saying yeah, we owe that money but if we can hold onto it and drag this out for a year; two, three, four years, we’ve held onto that money and by the time we pay that million dollars, for example, it’s really not a million dollars they’re paying.
- They’ve made money on that money so it’s lot less. The victims are suffering; a lot of people are out of work.
- A lot of people need medical care, need medical treatment that’s not covered by insurance or they don’t have the means to get things.
So a lot of people suffer greatly.
How to Get Your Car Fixed After an Accident?
Step 1: Pick a repair shop. You have the right to pick any repair shop that will fix your car, but if no particular shop comes to mind, consider the GEICO Auto Repair Xpress program for a fast and easy process.
Step 2: Inspection. At the shop, an adjuster will check out the damage and write up an estimate. It takes about 30 minutes.
Step 3: Get a rental. If you have rental reimbursement coverage, you can get a rental car covered so you won’t have to Miss Larping accident this week. Just make sure to check your “per day” and “per loss” rental coverage limits.