Ten Things the Insurance Company Doesn’t Want You to Know
The insurance company is in the business of making money, not paying out claims to personal injury victims. Here are 10 things that the insurance company doesn’t want you to know because it will cut into their profits. The insurance company’s goal is to pay out as little as possible. Our goal as auto accident lawyers at Best Law Firm Florida P.A. in Orlando, Florida, is to get you the compensation you deserve.
1. The insurance company’s offer to pay all your medical bills and lost wages isn’t in your best interest.
It may sound great that the insurance company wants to pay all your medical bills and lost wages. However, what they aren’t telling you is that if you hire an Orlando auto accident lawyer you may be able to recover additional compensation such as for future wages (not just lost wages), lifestyle changes, or pain and suffering damages.
2. The insurance company hopes you don’t report minor injuries to the police at the scene of the accident.
If you don’t report any and all injuries, no matter how insignificant they seem at the time, the insurance company may use that against you in a settlement or court case. Don’t ever neglect to tell the responding law enforcement officers to put your injury(ies) in their investigative report.
3. The insurance company doesn’t want you to take pictures of the vehicles which were in the collision.
If you have the presence of mind, take pictures of the vehicles involved in the accident from many different angles. This can strengthen your case and increase the amount which the insurance company ends up paying you because there is evidence showing the extent of the vehicle damage.
4.The insurance company doesn’t want you to keep a record of your expenses.
If you have any expenses related to your personal injury case, you will need to have receipts in order to claim them. Make sure to have a file or folder in which you keep any relevant receipts for goods and services which result directly from your personal injury, including such things as (but not limited to):
- Car rental fees
- Catering services
- Lawn mowing services
- Prescription drugs
5. The insurance company wants you to admit fault at the scene of the collision.
If you admit fault or partial blame for the collision, you may end up being responsible for some of the costs of the accident. Unfortunately you may not be thinking clearly or recalling the facts accurately at the time of the accident because of the shock involved. Don’t ever admit fault. Get an experienced auto accident lawyer to help you navigate the sea of things that must be dealt with in the aftermath of a collision.
6. The insurance company doesn’t want you to hire an attorney.
Insurance settlements are usually for much smaller amounts when you don’t hire an attorney to protect your rights. When you negotiate your settlement or win your case using an attorney, your total payout from your personal injury claim is 3 to 4 times greater than it would have been without an attorney. That even includes the attorney’s fees!
7. The insurance company’s offer may not be fair or reasonable.To negotiate a settlement that is both fair and reasonable, most personal injury victims don’t have the:
Therefore, having a personal injury firm on your side that has the above qualities can make all the difference between the insurance company’s idea of fair and what is really reasonable. Often with an attorney you can get anywhere from 5 to 10 times the original insurance company’s settlement offer.
8. The insurance company doesn’t care if you understand Uninsured Motorist (UM) or Underinsured Motorist (UIM) coverage.
UM and UIM are some of the most important types of coverages you can have on your insurance policy, because if you are in an accident with motorists who don’t have insurance (or maybe let their policy lapse) or with motorists who simply didn’t purchase adequate coverage, you will still be able to be compensated.Be careful not to sign a release from an insurance company after a motor vehicle accident, because you might lose the right to use this additional coverage for your benefit.
9. The insurance company will try to limit the medical treatment that you get.
Insurance companies want to reduce the amount of medical treatment you receive because if your medical treatment is over sooner, your claim won’t be worth as much. Don’t be bullied into stopping your treatment prematurely. If your doctors prescribe treatment, they must believe that it is necessary and reasonable. The insurance company is required to pay you for all reasonable and necessary treatment within the limits of the insurance policy.
10. The insurance company wants to reduce the amount that it pays out for your injuries by trying to say that you have a preexisting condition or prior injury.
Insurance companies will often try to get you to sign something called an “Unrestricted Release for Medical Records.” Don’t. They simply want to try to find out if you ever had a similar injury so they can claim that you already had your current injury. Only sign such a document with the recommendation of your attorney. Your attorney may even draft a specific recommendation or inquiry on your behalf.