Insurance companies play hardball with minor car accident claims Insurance companies make it increasingly difficult to collect the medical expenses incurred due to minor car accidents. According to a recent survey conducted by CNN 18 months, you may be in the fight of your life if you try to get a car insurance company to pay medical expenses you incur as a result of auto accident even if the accident was not your fault.
The article states that this type of insurance Hardball "happens especially in relatively minor accidents such as collisions where there is no injury that can be seen with the naked eye or established by an X-ray.
This insurance company's-play-hard "is apparently a trend in recent years, a strategy adopted and executed by two priests of the nation's largest insurance companies of State Farm and Allstate. According to the CNN poll, the result of such a strategy has been very profitable for insurance companies, but has caused such harm to consumers. People end up getting dragged through the legal system on the claims attachment, but we see no advantage, such as reduced premiums. In fact, the dirty little secret of the insurance industry for the past 15 years has been this - they're paying less for minor car accidents, their profits are as high premiums. Of course, for them it is a winning formula.
The investigation team examined documents CNN has more than 6,000 businesses and court files and conducted interviews with many people including former insiders of the insurance companies, victims of accidents and other experts. That is what they have learned. If you disagree with an insurer after a car accident and refusing to accept what the insurance company gives you, even if you're offended by it - you will be left no choice but to go to court and being dragged into a complex, expensive and slow system.
Why is it that the fight against an insurance company is not beneficial for the consumer? Because it takes much time and much money. You can not really speak to a lawyer because of injuries experienced refuse to take on these cases. They know that the gains for the client and the firm is too weak to return to take up the cause. The firm makes no money and the customer is not satisfied with the resumption of the law firm obtained for them. This is a winning business for lawyers. It is simply not worth for them to be involved.
employees of Allstate Insurance Company were instructed to get rid of claims quickly by offering a pittance for victims of accidents - in some cases, amounts as low as $ 50. The injured person could take it or leave or sue. And then the insurance companies complain of the court proceedings.
CNN spoke to two victims who have experienced first hand. Roxanne Martinez of Santa Fe suffered injuries to his back and neck when she was sideswiped by a driver insured by Allstate. After three years of back and forth, the company offered him $ 15,000, barely half what it needed to cover losses of income and pay medical bills. She took him to court and four years after the accident, a jury awarded $ 167,000 for his interest and more.
But a woman from Indiana, Ann Taylor, has not been so lucky. Taylor suffered a herniated disc and muscle tears after being struck by a State Farm insured. His bills and lost wages totaled nearly 15,000. But how State Farm to offer? $ 2,000. She was insulted and she sued, but the jury came back with a price of only $ 1,500 because the lawyer of their insurance company showed an enlarged photo of Taylor's car after the accident, in which the vehicle has a small hollow. Thus, the jurors said they believed that Taylor was trying to get more money from the insurance company.
Experts say this strategy has been designed to increase profits for insurance companies in the mid 1990s W.
Posted on May 9, 2010.
