After a crash that wasn’t your fault, you need compensation for your medical bills and lost wages. For injured drivers and their passengers, settlements typically come from the at-fault drivers’ insurance policies, their own insurance policies, or both. But despite spending big money every year to convince people that they have their best interests in mind, insurance companies are instead focused on protecting their profits.
Big insurers generate huge profits year after year because they reduce or deny the payments that innocent victims are owed. One of the most effective ways they do that is by giving victims a chance to jeopardize their own claims. For example, insurance companies often contact victims in the hours or days after their accidents occur to ask them questions or offer them settlements. If victims admit fault, make contradictory statements, or accept the initial settlements, they may end up with far less money than they deserve.
Whether or not you have personal injury protection or MedPay insurance, you’re still required to alert your own auto insurance provider of a crash. When talking to your insurance company, stick to the facts of what happened. And if the other driver’s insurance company contacts you, the same strategy applies, though you should know that you aren’t obligated to speak with a representative of someone else’s insurance company.
The adjuster you speak to may seem friendly, but remember that their job is to either reduce or deny your settlement. If you have an attorney handling your claim, refer representatives of any insurance company that isn’t your own to your lawyer.