Personal Injury Lawyer

The Truth About Your Auto Insurance Company

Many drivers rely on good faith and do not anticipate having to sue their auto insurance company to collect compensation for expenditures incurred due to a car accident. The majority of people want their cars fixed and their medical costs reimbursed.

Unfortunately, the auto insurance lawyers of Alberta Auto Law deal with many automobile insurance companies regularly that take advantage of their customers by cutting off their benefits without warning or explanation. Some insurance firms also place people “under investigation,” which serves as a pretext to stop paying all medical bills and cause wage loss. In addition, insurance claims adjusters are ignoring, threatening, intimidating, and even lying to people.

Many auto insurance firms employ the following strategies to avoid or reduce payouts to their customers. There are suggestions on protecting yourself to avoid or minimize problems with your motor insurer.

  1. Many restrictions and limitations are buried in your policy’s fine print

Understanding and reading the fine print of auto insurance policy is a complex undertaking. According to auto accident lawyers, too many people have lost out on significant benefits because they were ignorant of important filing requirements buried in their policies. Many motor insurance policies, for example, include rigorous notification requirements, such as a 30-day notice requirement for hit-and-run accidents. Many contracts contain separate provisions for uninsured and underinsured motorist coverage that necessitate immediate notification, and insurance companies can amend their policy filing requirements at any moment. Vehicle accident victims can lose their insurance coverage if they do not react to notification obligations on time.

How to protect yourself:

Immediately notify your insurance company after any form of accident. Make sure you have your whole auto insurance policy, including any coverage adjustments from year to year. This can also include booklets or notes sent with renewal statements that detail any insurance terms or revisions. Declarations, conditions, insuring agreements, and exclusions with conditions are all common features of most policies.

It’s also crucial to analyze any additional coverage and verify insurance policies for any benefits that overlap with your health and disability insurance (such as uninsured and underinsured motorist coverage). Having a strong understanding of insurance coverage can help ensure that health care providers bill accurately when obtaining continuous medical care for car accident injuries.

If you’re unsure about your auto insurance coverage and have questions, don’t hesitate to call an auto accident lawyer; most will gladly offer advice and counsel for your safety.

  1. Insurance agents don’t always recommend the best coverage

Following a car accident, negotiating health insurance plans, managed care plans, retirement programmes such as ERISA, and coordinated/uncoordinated policies can present several concerns and challenges. Furthermore, insurance brokers may omit crucial coverage alternatives and appropriate discounts due to pay losses or decreased premiums that reduce their commissions.

Many people choose higher insurance coverage to avoid being held personally accountable in a serious car accident. On the other hand, some people merely pay the bare minimum in insurance premiums to renew their license plates each year, then let their auto insurance lapse. A driver or family member badly harmed by an uninsured motorist will have no legal recourse for their injuries unless they file a lawsuit against the uninsured driver for their assets if they do not have an uninsured/under insured motorist policy. The majority of people do not have enough personal wealth to compensate someone who has been gravely hurt.

How to protect yourself:

If you are injured in a car accident, contact an expert auto accident lawyer who can advise you on which insurance is primary and who is responsible for medical bills incurred due to the accident.

Uncoordinated or primary coverage is a safe move if you have ERISA health insurance. In the event of a car accident, an insured person with both ERISA and coordinated insurance may be left with no compensation for their pain and suffering.

Examine your insurance plan for uninsured/under-insured vehicle driver protection of at the very least $100,000 per person and $300,000 per accident. If you don’t have this type of coverage, contact your insurance company to add it; the cost is modest, and it’s a good idea to protect yourself and your family.

Raising your deductibles to at least $500 will also help you save 15% to 40% on your auto insurance prices. On older vehicles, consider reducing collision and comprehensive coverage. Unless you still owe money on the automobile, dropping those coverage’s can save you money if your car is worth less than 10 times the price. Finally, if you want to reduce the number of miles you drive each year, contact your insurance company for low mileage discounts.

  1. Accident Settlement Offers Are Always Too Low

Imagine you’ve just been in a car accident and are now recovering at home, in pain, and worried about how you’ll pay your bills.

An insurance representative shows up at your home with a $100,000 check for your accident. With the mental and physical devastation of a car or truck accident, a significant sum of money seems appealing, and some victims accept the first settlement offer. However, establishing the value of a vehicle accident case entails much more than a simple calculation of the type of injury, future expenses not covered by no-fault insurance, and the policy maximum of the perpetrator.

How to protect yourself:

It’s never a bad idea to get legal guidance from a car accident lawyer. Many lawyers can explain accident legislation, what you are entitled to and make sure your own insurance company pays everything they are obligated to – with no price or commitment.

  1. Releases and Recorded Statements Are Pushed Early On to Overwhelm Accident Victims

Many victims sign adjuster forms without first having the language checked by a car accident lawyer, assuming that they are merely ordinary accident verifications. As a result, individuals may lose their right to sue a careless motorist for injuries sustained in an accident. Claims adjusters frequently attempt to obtain recorded testimonies from victims as soon as possible to minimize the victim’s anguish and injuries for later use in court. Even vehicle damage releases may include wording that is irrelevant to your other claims and could imperil them.

How to protect yourself:

Never give an accident claim adjuster a statement, sign a release, or enable the adjuster to see your vehicle. Simply inform the adjuster that you will check the documentation with your lawyer and respond to them as soon as possible. No matter how desperate you may feel after being hit with medical costs, missed payments, and incapacitating agony, retaining the services of an auto accident lawyer will ensure that your rights are protected. Remember that the claims adjuster works for the insurance company and is looking out for the firm’s best interests, not the injured victims.

  1. Standard practice is to deny or delay claim payouts

The majority of people who have been injured in a car accident contact their auto insurance provider to find out what they should do next. They believe that they will be compensated fairly and promptly for their injuries if they follow the process due to the car accident. After all, they purchased auto insurance to protect themselves in the event of a car accident.

Despite this, many insurance firms use standard delaying techniques such as denying claims, failing to return calls, holding people on hold for long periods, demanding a victim to gather records again, and moving you from one adjuster to the next. Innocent automobile accident victims are soon forced to seek legal help due to the financial strain of time off work and growing medical expenditures. Worse, it may drive individuals to accept a low settlement offer, limiting their ability to recover damages in the future.

How to protect yourself:

If you’re encountering these common delaying tactics, speak with an auto accident lawyer who can help you get your claim processed and the benefits you’re entitled to under your state’s laws.

Bottom Line:

If your car accident entails injuries to you and your family (even seemingly minor injuries), get in touch with an auto accident lawyer asap. You’ll not only have a greater understanding of what benefits you’re entitled to, but you’ll also have the peace of mind that comes with knowing you got the maximum worth of benefits and compensation offered to injured drivers.

Alberta Personal Injury Lawyers
12955 153 AVE NW #71636
Edmonton, Alberta T6V 0E3

Phone: (587) 200-8750

$000 – $000