If you are a recent victim of a car accident, the bills have started to pile up on your desk. The pressure to pay off costly healthcare and auto repair bills prompts you to check on the status of a car insurance claim every day. Insurance companies have no incentive to pay out insurance claim money, which means they love it when claimants apply for compensation without the help of a car accident attorney. In fact, your insurance company might discourage you from hiring an auto collision lawyer, especially if your claim is worth a substantial amount of money.
Let’s review why insurance companies do not want you to hire a car accident attorney.
Conducts a Thorough Investigation
Auto insurance companies assign experienced investigators to gather physical evidence, as well as interview witnesses. If you do not hire a car accident attorney, your insurance company can count on you not coming up with the proof you need to file a persuasive claim. A car accident lawyer from Schiff & Associates ensures you file a convincing insurance claim by referring to the official police report, which should describe in detail what caused the car accident.
The official police report also contains the name and contact information of every witness.
Calculates a Reasonable Claim Value
One of the most common reasons why insurance companies deny car accident claims concerns the submission of an unreasonable value of compensation. This factor alone might be the reason why your insurance company does not want you to work with an experienced lawyer from Schiff & Associates. With the legal support provided by a car accident attorney, you add up the tangible costs associated with the auto crash, such as medical and auto repair bills. Your attorney also calculates a fair value for non-economic damages, such as the costs generated by treating the symptoms of Post-Traumatic Stress Disorder (PTSD)
Helps Complete the Insurance Claim Form
Just one mistake in completing a car insurance claim form can lead to the denial of your claim. Whether you insert inaccurate personal information or forget to fill in a section, the insurance company processing your claim can send your claim back denied without having to present an argument against any of the physical evidence filed with the claim. Hiring one of the highly-rated lawyers from Schiff & Associates ensures you file an accurate and fully completed car insurance claim.
Negotiates a Settlement
Car insurance companies hope claimants accept no as an answer the first time they file a car insurance claim. They can then file away a denied claim and move on to other customer claims for processing. Hiring an auto collision lawyer provides you with the opportunity to avoid a lengthy claim process by negotiating a settlement. Instead of denying your claim and moving on, your car insurance company must negotiate with your attorney to end any stalemate that arises during the claim review process.
Your attorney submits a reasonable offer, which your insurance company can either deny or send back with a counteroffer.
Highly Motivated
Auto insurance companies fear interacting with car accident attorneys because of the motivation to seek as much money as possible by filing a claim. A vast majority of auto insurance lawyers operate on a contingency fee basis, which means they receive compensation only when their clients get paid by an insurance company. The financial incentive to receive the highest possible value for compensation keeps insurance company actuaries awake at night.
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