Things Insurance Companies Don’t Want You to Know

Things Insurance Companies Don’t Want You to Know

  1. The insurance company is NOT on your side. Claims adjusters and insurance company lawyers are paid to minimize the money they pay out to claimants, even if it is your policy.

It seems reasonable that if you are involved in a car accident you should first contact your insurance company. You may believe they have your best interests at heart. However, contacting a personal injury attorney is important. There are things that insurance companies don’t want you to know. A qualified car accident attorney has experience dealing with insurance companies and will help you make the right decisions about your accident claim.

Based in St. Louis, The Hoffmann Law Firm, L.L.C. wants you to have the information you need to make an informed and intelligent decision, including whether you should retain an attorney to assist you with your claim. Therefore, we are providing you with what we believe are the top five things insurance companies don’t want you to know.

Top Five Things Insurance Companies Don’t Want You to Know

  1. The insurance company is NOT on your side. Claims adjusters and insurance company lawyers are paid to minimize the money they pay out to claimants, even if it is your policy (as in the case with uninsured or underinsured motorist coverage). The insurance company works for its shareholders, not the people who pay their premiums.
  2. After a serious car accident or truck accident, a claims adjuster, lawyer or investigator working for the insurance company is at the scene putting together evidence to support either denying your claim or minimizing the amount of compensation. For this reason, it is important to contact an experienced car or truck accident attorney to gather evidence and statements to help maximize your compensation.
  3. Insurance companies and their employees will ask you questions designed to confuse you or to have you admit to something you don’t fully understand that can be used against you in court. Therefore, you should not give any statements to the insurance company without first engaging an experienced attorney to represent you.
  4. If the person who hit you does not have sufficient insurance coverage to cover your claim, and you have underinsured motorist coverage that exceeds that person’s coverage, then you may be entitled to compensation from your own insurance company. We can help you make that determination.
  5. Even though the insurance company may attempt to discourage you from retaining the services of a qualified car or truck accident attorney, they have high-powered lawyers protecting their interests and representing them. You should retain your own high-powered attorney to protect and represent your interests. It is much better to take advice from someone who is totally on your side as opposed to someone whose interests are in direct conflict with yours.

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