Automobile insurance adjustors want to save their companies money on every claim, so they will try many different ways to get a claimant to accept a low-ball offer, even if their claim might call for a higher compensation. One highly questionable tactic is the quick low-ball settlement offer that is extended by the insurance company shortly after the accident takes place. Insurance companies will do this to:
- Blindside the claimant and bring the offer to their attention during a stressful time where the person might not be at their best to make an important/informed decision regarding settlement.
- Get the claimant to accept the low-ball offer prior to the victim accessing all the damages and injuries, they have sustained from the accident, without the benefit of multiple doctor visits and/or diagnostic testing.
- Have the victim agree to an offer that doesn’t represent what their claim is possibly worth Insurance Companies may also postpone/delay the processing of the claimants’ documents to try to get them to a point where they will accept anything to pay for mounting medical bills, car repairs, and everyday expenses they may be struggling to pay for after an accident. Furthermore, after not seeing any progress in a claim people will sometimes drop their claims altogether which is a win for the insurance company.
The Bodily Insurance adjustor (the at fault’s insurance company) might reach out to a claimant just a few hours after an accident to try and get details from the claimant and get them to deny that they were injured from the accident. Therefore, never speak to the adverse insurance carrier prior to consulting with an attorney. Adjusters also may ask the claimant for a statement that is recorded but again this can negatively impact the victim’s claim, as this can provide the adjustor with information to give you less of a settlement. If requested, always respectfully decline, and contact an attorney.
Insurance companies may also send the claimant a medical authorization to execute, which will allow the insurance adjuster to obtain ALL of your medical records regarding your entire life. Signing this form will allow the adjustor to obtain every medical record/report generated by every doctor the claimant has ever seen. In summary these records can be used by the insurance company to make a case against the victim that they were not injured by the accident in question and again justify giving the claimant less money for their claim.