The aftermath of a car accident largely involves your insurance—after all, you pay them a monthly premium to be there for you when you need it most. However, when it comes down to it, many insurance companies look out for themselves rather than you.
How? We break it down below, with the four things you should know about your insurer.
1. Their Goal: Save the Company Money
While you may think insurance companies are there to cover the majority of your medical expenses, damages, and time off of work—this may not be entirely true. Instead, your insurance adjuster prioritizes saving their company as much money as possible, offering you an amount that’s most likely less than fair. Being that the majority of New Mexicans are covered by the same big name insurers, the odds of you being involved with another individual who is insured by your same company are high, and your chances of getting fair compensation, low. This is because insurance adjusters are influenced by their company to pay as little as possible on any claim that is also their fault.
2. They Don’t Always Want to Accept Responsibility
You’re swayed to believe by insurance companies that you’ll be treated fairly, but oftentimes, you won’t be. Insurers will often recommend against you getting a lawyer, saying it will cost you more money, but the truth is, it will cost them more money. This facade prompts you to think that they will take care of your entire claim, but will they? You should certainly speak with a lawyer before speaking to your insurer to ensure you’re awarded all you’re entitled to.
3. They Claim to Be Fair, but They’re Not
When it comes property damage, the settlement is intended to satisfy the insurance company, not you. This means if your vehicle was stolen, vandalized, or damaged by a third-party, you’re forced to negotiate to get a fair settlement. Though the incident occurred through no fault of your own, you will still pay the price, which certainly isn’t fair.
4. They Think You Should Hire an Attorney, but Won’t Admit It
Insurers mainly deal with car accidents on a base level, and don’t have experience or knowledge of the legal guidelines, rules, and time restrictions regarding them. Though they know that hiring an attorney is your best chance of receiving maximum compensation, they won’t always admit that to you.
Remember this: If your insurance company doesn’t want you to hire an attorney, that’s the first sign that you should hire an attorney!
If you’ve been involved in a car accident, call the Carter & Valle Law Firm before speaking with your insurance adjustor. We’ve represented countless New Mexicans in personal injury cases, and have successfully guided many towards justice. If you’re ready to be treated fairly and attain the compensation that’s rightfully yours, call the Carter & Valle Law Firm today at (505) 888-4357!