In the early stages of a personal injury case the insurance adjuster will appear understanding, sympathetic and helpful, just like a best friend, which is exactly how the insurance adjuster is trained to act, and an act it is.
The insurance adjuster will be quick to pay damages that unusually cannot be disputed, such as auto repairs and rental costs. Over time the adjuster will gain the trust of the unrepresented claimant.
The claimant will have no clue that he or she is being offered far less than the claim is actually worth when negotiating a settlement for personal injury damages. Despite a duty of good faith in dealing with its own insureds, that tactic will even be employed by the insurance carrier against its own insureds.
According to the Insurance Research Council, although only 40% of injured claimants hire an attorney, those 40% who do account for nearly 80% of all monies paid by insurance companies each year in personal injury settlements.
Delay handling your claim, deny that you were hurt and defend their position in drawn-out court battles that most insureds cannot afford.
According to distinguished law professor Jay M. Feinman, this strategy was first introduced in the 1990′s as a way for insurance companies to cut their losses and decrease costs. It didn’t take long before insurance companies realized that they could increase their profits and make billions of dollars by denying legitimate claims as well.
Research conducted by the insurance industry has revealed that settlements paid to represented injury claimants averaged 4.8 times greater than settlements paid to unrepresented accident victims. Even after deducting the attorney fees charged, represented claimants still walked away with more than three times more money than claimants who chose to handle their own claims.
Insurance companies have their own lawyers and so should you. Without an attorney to protect your rights, you may walk away from compensation that rightly belongs to you. The bottom line is that it makes dollars and sense to hire a lawyer when you have suffered injuries as a result of someone else’s negligence.
If you have been injured in an accident or are having problems with the insurance company claims adjuster, contact David Laurence Altman, a California and Utah personal injury lawyer who is experienced and knowledgeable in dealing with insurance companies.
All personal injury cases including auto accidents, truck accidents, motorcycle accidents, bicycle accidents, boat accidents, pedestrian accidents, dog bite injuries, drowning accidents, theme park accidents, airplane accidents, drunk driving accidents, slip & fall accidents and wrongful death accidents.
Our law firm serves clients throughout entire State of Utah including but not limited to St. George, Washington, Hurricane, Ivins, Santa Clara, Salt Lake City, Provo, Salt Lake County, Washington County, Iron County, Utah County.