Expect your insurance company to give you the runaround

The last thing you need after a motor vehicle accident is an insurance company that doesn’t want to play fair. Unfortunately, this is likely to happen, as they’re in the business of paying out as little money as possible when satisfying claims.

Even if your insurance company is giving you the runaround, there are steps you can take to protect your legal rights on your way to receiving every dollar of compensation you’re entitled to:

  • Don’t delay in filing a claim: Once your health allows, contact your insurance agent to start the claims process. Don’t let them force you into sharing too much information at this point. You simply want to notify them to get the wheels in motion.
  • Review your policy: Your insurance company will prey on the fact that you don’t have as much knowledge of your policy and the industry as they do. But when you review your policy in great detail, you can pick up the knowledge necessary to protect yourself.
  • Don’t agree to anything just yet: Your agent may throw you a lowball offer, hoping that you accept it because you want to finalize your claim. As tempted as you may be, don’t agree to anything until you’re 100% sure that you’re okay with the settlement.
  • Be careful of what you say: It’s easy to trust your agent, especially if you have a long-standing relationship. But if you say too much, you could admit fault, which will hinder your ability to collect compensation. If you’re uncomfortable answering a question or addressing a specific detail, simply tell your agent that. They can’t force you to talk.

When you prepare for your insurance company to give you the runaround, you’re never surprised by anything that comes at you. You’re in position to deal with it accordingly, thus allowing you to protect your rights.

Remember, the insurance policy you pay for every month is a contract. Your insurer is obligated to live up to the terms and conditions in the event of an accident. Forge ahead with the idea that you won’t let them off the hook.