An insurance company is not looking out for your best interests. They are looking out for theirs and accordingly, they work to reduce your claim as much as possible, if not deny it. They may sound and act like they are on your side and are going to help you by settling the case early and quickly, but they are not protecting your interests. In fact, many companies engage in a tactic we call “swoop and settle” to come in and settle with injured persons for a small amount very early on before the person knows how bad they are hurt or otherwise knows their rights.
Insurance companies make money from people paying premiums. This builds up the company profits and encourages them to pay you, the personal injury victim, as little as possible to protect their profits. If they do convince you to settle, you are likely giving up your rights to fair compensation, because once you sign on the dotted settlement line, you cannot ever reopen your claim. This is one of the major reasons why it is best to have a personal injury attorney speak on your behalf while dealing with the insurance company.
If the insurance company calls you, do not speak to them. Just refer them to your attorney, or if you do not have an attorney when they call, inform them that you are in the process of hiring one and that the attorney is going to return their call. Do not discuss the accident at all. Refuse to talk about it and do not respond to questions about it. It is your lawyer’s job to protect your rights. Speak only to your lawyer.
Other Personal Injury FAQs:
- Are catastrophic injury cases different than personal injury lawsuits?
- Can I handle my personal injury claim without a lawyer?
- Can I wait to contact a personal injury lawyer?
- How does a victim of a catastrophic injury deal with insurance companies?
- How long does it take to get my case settled?
- How long does it take to get results in a catastrophic injury cases?
- I don’t have a lot of money after my accident how am I going to afford an attorney?
- I don’t have a lot of money and work at a low paying job. How can I possibly afford to hire a personal injury lawyer?
- I was in a bad car accident and sustained serious injuries. Can an attorney help me get compensation for my medical bills?
- Should I accept the settlement offer from the insurance company after my accident?
- What am I supposed to do after being involved in an accident and I am badly injured?
- What are catastrophic injuries?
- What are special and general damages?
- What is a personal injury lawyer and why would I need one?
- What is the statute of limitations for filing a personal injury case in Texas?
- What kind of compensation am I eligible to receive by filing a personal injury claim?
- What kinds of accidents cause catastrophic injuries?
- What kinds of damages am I eligible for after an accident?
- What kinds of expenses could I claim after being injured in an accident?