3 Things You Need to Know Before Talking to the Insurance Company

Many people understand calling insurance companies might be necessary after an accident. For example, when two cars collide, both drivers will call their own insurance companies to report the incident. In some cases, one driver might call an at-fault driver’s insurance company to file a claim. However, there are several things people should know before making the call. Here are 3 relevant facts you should be aware of before contacting an insurance company.

Insurance Companies Are Businesses First

Businesses almost always put their own profits ahead of everything else. While the law holds them to good faith practices, many will do whatever is in their legal power to avoid paying a claim. Sometimes, they might take your recorded statement and try and twist it to mean you are partially liable for the accident. Other times, they might try and offer a lower amount than your claim is worth. Never take what an insurance company says at face value.

Hire a Lawyer

If you encounter a bad faith insurance company, you might consider hiring an attorney to represent your interests. Many personal injury lawyers work on contingency and will help you collect money from a bad faith insurance company. These companies might also be less inclined to treat you poorly or give you an inadequate offer if they know you have legal representation. Litigation can be expensive, and if the value of a claim is less than the cost of a trial, they will want to avoid the additional expense. An attorney can also help you create a written statement that doesn’t place any liability on you after an accident, so an insurance company can’t use it against you.

Take Time Before Telling the Full Story

If you are involved in an accident, you’ll have to call your insurance company. However, make this conversation as brief as possible. You will likely call just after a crash, when you’re still full of adrenaline and confused about what happened. Take time to review your policy and speak with an attorney before making any in-depth statements.

If you need help filing a claim or appealing a denied claim, talk to one of our skilled NYC personal injury lawyers today. Lurie, Ilchert, MacDonnell & Ryan LLP is dedicated to helping the victims of accidents seek compensation for their injuries. Let us see what we can do for you.

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Categories: Personal Injury