It costs you nothing to consult with a personal injury attorney at The Cochran Firm of The Mid-South, so why wouldn’t you? Many people who are injured in a personal injury claim believe that their insurance company has them in their best interest. In fact, insurance companies have one goal; to make money and spend as little as possible.
Here are 4 ways insurance companies may try to devalue your claim:
Offer A Quick Pay Out
One of the most common methods insurance companies use to avoid paying what policyholders are owed is to offer a quick pay out. Quick payouts can be significantly lower than what is owed, so don’t be too quick to accept.
Use What You Have Already Said Against You In Your Claim
Insurance companies are known for recording phone calls and using what you say against you. An insurance adjuster may contact you shortly after your injury and ask you to describe your injuries. We advise you to politely decline.
Devalue Your Assets
A common method insurance companies use to avoid paying for the full cost of your claim is by arguing that what you lost was not really worth what you say it is.
Prevent You From Seeking Legal Representation
The last thing an insurance company wants you to do is to seek legal representation. They will do everything they can to discourage your from speaking with an attorney.
If you have consulted with an insurance company and have realized that you are more injured than you thought, if damages result in a significant loss, or if you are facing financial hardships due to your injury, call us immediately. An experienced, reputable attorney will know exactly what to do to get you the maximum compensation possible.
Get Legal Representation
If you have questions about your rights after an accident caused by someone else’s negligence in Tennessee, Mississippi or Arkansas, call The Cochran Firm of the Mid-South at 1-800-THE-FIRM. Unlike insurance companies, we have your best interest in mind and will fight to get you the compensation you deserve.