3 Tricks Insurance Companies Use After an Accident

Insurance companies are very clever. There is a reason these major companies have been making huge profits for every year for the past few decades. While they do help people who have been in accidents and require compensation, they may also use every trick in their book in order to limit the payouts made in these cases. For those individuals who were involved in a motor accident, it is better to speak with an attorney and make sure you are not falling for one of the following tricks insurance companies use:

1. Undervalue Claims

Insurance companies will engage in certain types of behavior to make sure your claims are as undervalued as possible. They will not make a fair judgment on the situation. Instead, they will try and find loopholes or justifications to ensure that you are paid as little money as possible. This is especially true in cases where the injuries are serious. They will attempt to use this against you so that you accept a lower settlement.

2. Selfishness

Insurance companies do not care if you broke your back in an accident and cannot go to work for three months. They do not care if you have tens of thousands of dollars in medical expenses because of an accident you did not cause. All they care about is their bottom line. It is important to know that you need someone on your side when dealing with these types of cases!

3. Tricking You into Not Getting an Attorney

Insurance companies may try to convince people into not getting an attorney to represent their interests. You can be sure that insurance companies have lawyers on their side advising them every step of the way. But why do they not want you to get a lawyer? Because they know that if you have an attorney, you will have someone experienced and knowledgeable fighting for your best interests.

SM Law Group Is On Your Side

Insurance companies want individuals to accept lower deals through quick settlements. They may entice you with the idea of resolving the case within the week. This is done so that you will get excited by the prospect of a quick payment and accept the lower sum on offer. Here at SM Law Group we want to get the best compensation for your situation. Call us today for a free consultation.

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