Strategies auto insurers use to make lowball offers

Strategies auto insurers use to make lowball offers

On Behalf of | Aug 20, 2021 | Firm News

When a Massachusetts car wreck leaves you with serious injuries and considerable medical expenses, you may rely on your auto insurance company to offer you a settlement. However, insurance companies make money when they pay out as little as possible, so your insurance agent may have the company’s interests, rather than yours, at top of mind.

According to the National Law Review, your auto insurance company may try to use certain tactics and techniques in its efforts to reduce how much it must pay you after a car crash. More specifically, your insurance company may try to do the following.

Question your degree of liability

To make its initial offer appear more enticing if you reject it, your auto insurer may begin to question your level of liability in the wreck. Your insurer may suggest that you were contributorily negligent in some way or that the other driver’s actions were not negligent.

Question the extent and nature of your injuries

If you seek medical care after suffering injuries in a car wreck, your insurance company may ask if the treatment you had was completely necessary. Your insurance company may also raise questions about whether you might have had your injuries already at the time of the car crash. It may, too, suggest or imply that you are exaggerating how much pain you are in because of the wreck.

You may feel tempted to get your money as soon as possible following a crash. However, it may benefit you, in the long run, to hold your ground and hold out for a larger claim.