With more than 45 years of experience, we can help you successfully deal with insurance companies so that you get maximum compensation.
Being involved in a car accident can be a harrowing experience, leaving you physically and emotionally shaken. Dealing with insurance companies in the aftermath can add another layer of stress to an already difficult situation. While insurers are there to help, it’s essential to understand that they are businesses too, and their primary goal is to minimize their payouts.
5 Secrets They Don’t Want You to Know
Here are five secrets that insurance companies don’t want you to know after a car accident. This information can empower you to navigate the claims process more effectively.
- Initial Settlement Offers May Not Be Fair: Insurance companies often rush to provide a quick settlement offer shortly after the accident. While this might seem like a convenient solution, they typically lowball the initial offer in hopes that you’ll accept a smaller amount than you deserve. Before accepting any settlement, take the time to evaluate the full extent of your injuries and damages and consult with a trusted legal representative if necessary. Remember, you usually forfeit your right to seek additional compensation once you accept an offer.
- Your Statements Can Be Used Against You: Insurance adjusters might seem friendly, but you must be cautious about what you say after an accident. Anything you communicate, whether in written statements, recorded conversations, or social media posts, could potentially be used against you to dispute your claim or downplay the severity of your injuries. Be honest and concise when communicating with the insurance company, and avoid speculating or admitting fault before a thorough investigation is completed.
- You Have the Right to Seek Independent Legal Advice: Insurance companies may not readily inform you of your right to seek independent legal counsel. They might attempt to convince you that hiring a lawyer is unnecessary, but having an experienced attorney can significantly improve your chances of receiving fair compensation. A lawyer can negotiate with the insurance company on your behalf, protect your rights, and ensure you are aware of all your options.
- Total Compensation May Include More Than You Think: In the aftermath of an accident, your focus may be on immediate medical bills and vehicle repair costs. However, insurance companies may try to downplay the long-term effects of your injuries and losses. It’s crucial to consider future medical expenses, lost wages, pain and suffering, and potential impacts on your quality of life. An experienced attorney can help you accurately assess the full scope of your damages and ensure you pursue a comprehensive claim.
- Time Limitations Can Affect Your Claim: Insurance companies may not be forthcoming about the time limitations of filing a claim after an accident. Each state has a statute of limitations that sets a deadline for pursuing legal action. Failing to file your claim within this timeframe can result in losing your right to seek compensation altogether. As such, you must be aware of these limitations and act promptly to protect your interests.
Understanding the tactics used by insurance companies can give you an advantage when dealing with the aftermath of a car accident. Remember that you have rights and options, and seeking independent legal advice can be beneficial in navigating the claims process. Take your time to evaluate settlement offers, consider the full extent of your damages, and don’t let the insurance company pressure you into settling for less than you deserve. Knowledge is power, and with the right approach, you can ensure that you receive fair compensation for your losses and move forward on the path to recovery.
Free Consultation with a New York Car Accident Lawyer
Contact Apicella & Schlesinger Attorneys at Law to request a free consultation.(212) 568-4245