Partner
You pay your car insurance premiums on time, and you have the right to expect that this means you’ll be treated with respect when it’s time for the company to hold up its end of the bargain. Ideally, a good payment history and company loyalty would mean an insurance provider has your best interests in mind when protecting you and your rights following an accident. Unfortunately, profit margins drive big businesses, not customer satisfaction, and insurers prioritize the former over the latter.
Your insurance coverage may provide a financial safety net, but that doesn’t mean that your provider will willingly hand over a share of its profits to make you whole again or use their vast and expensive resources to protect you when the need arises.
Will My Car Insurance Provider Look Out for Me After an Accident?
Your insurance provider will look out for your best interests following an accident in so far as it benefits them as a company. Your insurance provider is a for-profit entity. For these companies, profit margins are the priority. It is not in their best interest to pay top dollar for your claim because that eats into their profits. It is in the company’s best interest to settle car accident claims quickly, efficiently, and for as little money as possible to protect its profitability.
This oppositional dynamic is bad enough when you’re dealing with your own insurance company, but it becomes even more pronounced should you have to file a claim against another driver’s liability policy. Their insurer has even less incentive to treat you fairly. What’s more, your own insurer might try to negotiate directly with you and the other insurance company separately, offering you a relatively small settlement while seeking a larger payout from the other insurer. This tactic allows them to pay you less than you deserve and pocket the difference.
Insurers accomplish this task by using tactics that help them justify denying accident claims. They may also give you a lowball offer, hoping you’ll accept pennies for your losses. Without legal representation and sound advice, this strategy works because many accident victims are badly in need of money to help pay mounting medical and daily expenses. You may also feel pressured into accepting a low settlement by strong-arm tactics used by insurers or because you feel intimidated by the prospect of negotiating with your insurance company.
Who Will Protect Me After an Accident?
The best way to protect yourself and seek the compensation you deserve is by finding an experienced car accident attorney to advocate for you.
A car accident attorney understands insurance companies’ tactics against claimants and how to fight against them effectively. You need skillful and resourceful legal representation to hold your insurance company accountable and fight to recover the money you need to rebuild your life after an accident. An attorney can:
- Manage communication between you and the insurance companies
- Investigate the cause of the accident
- Collect and preserve crucial evidence to support your claim
- Negotiate for maximum compensation
- Prepare a lawsuit as necessary
An attorney also offers moral support to help you manage the stress and frustration of this intense situation. Your insurer may not be on your side, but a dedicated personal injury attorney is. You increase your chances of obtaining a favorable outcome to your situation by hiring an experienced personal injury attorney to manage your claim.
Contact a Car Accident Attorney to Protect Yourself
You are right to question the motives and practices of your car insurance company. They are looking out for themselves, not you. The legal team of Nagel Rice LLP will advocate for you, with the goal of getting you every cent you need to move on with your life after a serious accident. Contact our office today and request a free initial case evaluation with a car accident lawyer serving New York and New Jersey.