The Truth About Insurance Companies
Let's be clear: insurance companies are businesses focused on profits. Their goal is to pay you as little as possible—or nothing at all. Understanding their tactics is the first step to protecting yourself.
Common Insurance Company Tactics1. Quick Settlement Offers They may offer a fast settlement before you know the full extent of your injuries. Once you accept, you can't ask for more—even if your injuries worsen.2. Recorded Statements They'll ask for a recorded statement, hoping you'll say something they can use against you later.3. Requesting Broad Medical Authorizations They want access to your entire medical history to find pre-existing conditions they can blame for your injuries.4. Delaying Tactics They may drag out the process, hoping you'll accept a lowball offer out of financial desperation.5. Denying Valid Claims Many legitimate claims are initially denied, counting on claimants giving up.
How to Protect Yourself
- Don't give recorded statements without consulting an attorney
- Don't sign broad medical releases—only provide relevant records
- Don't accept the first offer—it's almost always too low
- Document everything—keep records of all communications
- Get an attorney involved early—it levels the playing field
When to Hire a Personal Injury Attorney
If your accident resulted in significant injuries, lost wages, or permanent disability, you need professional help. An experienced attorney can:
- Handle all communications with insurers
- Gather and preserve evidence
- Calculate the true value of your claim
- Negotiate from a position of strength
- Take your case to trial if necessary
Free Consultation
Don't let insurance companies take advantage of you. Call Brad Freedberg at (303) 892-0900 for a free consultation.