You are here: /

How to Manage Your Finances Right to Start the Year

Share this article!

Facebook
Twitter
LinkedIn

A CAR INSURER TRYING TO SCAM YOU? To ensure that you will be taken care of in the event of an accident, you should purchase auto insurance. In return for the monthly premium you pay, the insurance provider should offer financial support if you need to cover medical expenses or have your car fixed after an accident. Unfortunately, this isn’t always the case. Even if you are legally entitled to the money, it can be quite challenging to convince the insurer to agree to a settlement because their main objective is to make money.

Can you file a lawsuit after being rear-ended? Yes, but there are times when your insurance provider won’t provide you with enough money to meet all of your obligations following an accident. To help you obtain the compensation to which you are legally entitled, it is imperative that you retain legal counsel.

Here are some warning signals to watch out for if you think your vehicle insurance company is trying to scam you.

OFFERING A SMALL SEPARATION AMOUNT If your car is an totaled , the insurance provider can offer to give you cash compensation equal to the worth of your car. This quantity frequently isn’t enough for you to buy a new car. The insurance will base its offer on the market value of comparable cars, and it will work to keep the price down by taking into account your car’s mileage, as well as any dings and dents.

NOT PAYING YOU FOR YOUR PAIN AND SUFFERING The insurance provider can make an effort to cover only a portion of your medical expenses by providing you with what is referred to as a fair and customary rate. This means that even if you were not at blame for the accident, you will still have to pay for the majority of your care after an accident because it is frequently far less expensive than the cost of your medical care.

TRYING TO GET YOU TO ACCEPT RESPONSIBILITY FOR THE ACCIDENT The insurance company representative may attempt to persuade you to admit that you were entirely or partially to blame for the crash by asking you seemingly innocent questions regarding the collision or your injuries. In order to lower your settlement offer, a claims adjuster could also try to get you to sign paperwork or give an oral statement. Don’t make any written or recorded comments to the insurance company without first seeking legal advice.

DESIRING YOUR SIGNAGE ON A FORM OF MEDICAL AUTHORIZATION Never provide the insurance of the other party with your medical permission form. This document can make it more difficult for you to receive a just settlement. The insurance company will have access to all of your medical records if you submit this form and will use that information to try to minimize the injuries you received in the accident by asserting that you already had certain medical conditions.

PRESENTING YOU WITH A FINAL PAYMENT CHECK Your costs will keep piling up after a vehicle accident, but if you were harmed and unable to work as a result, or if your car was damaged and you don’t have a way to get to work, you might not have the money to pay them. The insurance provider can try to issue you an final payment check , which is typically insufficient to cover your living costs and medical expenses. You could be tempted to accept a lump sum of money depending on your financial condition, but if you accept the final payment check, you won’t be able to pursue the matter further and obtain a just settlement in court.

GET LEGAL ASSISTANCE It’s a solid sign that you’re not being treated fairly if the insurance company makes an effort to talk you out of speaking with a lawyer. As soon as you can, speak with a lawyer to discuss the specifics of the accident, locate any witnesses, and determine what to say and what not to say to an insurance claims adjuster. By using these strategies, you’ll have a better chance of receiving just recompense after your car wreck .

Related Posts:

Share this article!

Facebook
Twitter
LinkedIn

Leave a Reply

Your email address will not be published.