The Truth You Will Discover About the Insurance Company After Your AccidentNew Jersey Legal News
You might have seen commercials for insurance companies in the past with their promises to work for you and protect you if you have been involved in an accident. However, insurance companies tend to greedily deny you the rights that you were promised when an accident actually occurs, on some occasions. You might find that an insurance company is actually working against you after your New Jersey car accident, which is why it is always important to have an attorney on your side so that the insurance company never takes advantage of you after an accident.
What You Might Not Know About Insurance Companies After an Accident
Not Representing Your Best Interest: You might believe that your insurance company is doing the right thing and getting to the bottom of what happened so that they can help you and ensure that your rights are being protected. You might want to trust the insurance company because they called to “check up” on you and make sure that you’re recovering well. Some insurance companies even call the very same day of the accident depending on how urgent they feel it is, sometimes catching you off guard. Unfortunately, insurance companies are not always out to protect your best interests.
One thing that many people fail to remember after an accident is that an insurance company is always a for-profit business. The insurance company is doing everything possible to get as much money and ensure that they pay out as little as possible for you, which means making unreasonable offers or trying to get you to admit fault in your desperate time. You might wonder if you should even talk to the insurance company after an accident, and our best advice is to never do so without first consulting an attorney.
Low Settlement Offers: When it comes to offering you your first settlement, the insurance company always knows that what they’re offering you is too low – and yet they will try to have you accept the offer anyway, which can put you in a lifelong bad position when you have bills to pay. Perhaps you receive the first offer within days and you just want to jump on it because the bills are piling up against you and it sounds enticing. This is exactly what the insurance company wants from you, and you should never allow it.
If you tell the insurance company that you are not accepting their offer, they will be forced to negotiate, which means that you and the insurance company might be able to meet in the middle. This is why you need an aggressive attorney to fight these companies and help you achieve the very best offer.
Using Statements Against You: Anything that you say and do can be used against you, and this applies to the insurance companies as well. From the moment that you answer your phone, the insurance company will be using your words against you. Insurance companies have been trained in a certain way that they will look for certain statements that you make so that they can twist them around. They might also try to look for inconsistencies in your claim so that they can also use it against you. If you make contradictory statements, even without trying, the insurance company will pick up on it and it could mean that you will lose out on certain financial aspects.
You have an obligation to speak with your own insurance company after your accident and cooperate with an investigation. However, any attorney will tell you that you should always be as careful as possible speaking with the other party’s insurance company.
Not as Friendly as You Think: On the same note, insurance companies are trained to appear as friendly as possible. They might attempt to sound genuinely concerned about your case and tell you that they’re trying to help you get the money you deserve. Insurance adjusters are trained to sound approachable so that you will feed them the information they are looking for so that they can pay you less. You might find that a friendly person is easier to talk to, but this might also mean that you will lose out on certain aspects of your claim.
Good Faith: An insurance company is always expected to act in good faith, which means treating people with honesty, reason, and fairness. You should always expect this from an insurance company because they are not supposed to legally act in bad faith. If you find that an insurance company has acted unreasonably and has not thoroughly investigated like they were supposed to or have shorted you after telling you that you were supposed to gain a certain amount. If you believe that an insurance company is acting in bad faith, it’s a good time to speak with your attorney.
Exaggerating Urgency: Sometimes, insurance companies tell you that you need to act as quickly as possible to accept an offer. You do not have to feel rushed when you’re deciding about your settlement. There is no delay in making a decision about your settlement; however, you should never wait until the statute of limitations runs out on your claim.
How an Experienced New Jersey Accident Attorney Can Help
If you have been injured in a car accident in New Jersey, you have many rights to compensation through the use of a personal injury claim. Our experienced attorneys at Brady, Brady & Reilly are here to assist you during one of the most difficult times in your life, especially as the bills continue to pile up against you and the insurance companies attempt to make decisions that might not be in your best interest. This is why it is important to call us as soon as possible so that we can apply our skills to your claim. Please contact us at (201) 997-0030 to find out how we can assist you.