Insurance companies sell liability insurance to provide coverage to policyholders in the event they are sued for wrongdoing or negligence. Liability coverage can be sold to individuals and massive corporations alike. The policyholder is expected to make minimal monthly payments in exchange for the coverage, which brings about welcome peace of mind.
When you are seriously injured by a negligent party, you have the right to seek the full and fair amount of compensation needed to cover your damages. However, it’s unlikely that you’ll be demanding payment from that party in particular. Instead, your claim will be answered by the negligent party’s insurance provider.
This might seem unusual, but it is actually beneficial in most cases. For example, an individual who causes a car accident may have no way to pay for the damages due to their personal financial limitations. However, the insurance company that sold them a car insurance policy will have ample means to provide for the wrongfully injured. In other situations, homeowners’ insurance can pay for accidents that happen on someone’s property, medical insurance can pay for a physician’s medical malpractice, and so forth. Similar circumstances apply to workers’ compensation insurance, which pays for the medical needs and missing wages of a hurt worker.
The role of the insurance provider is not only to pay out claims to plaintiffs. They are also duty-bound to attempt to defend and represent their client when a claim or lawsuit arises. To this end, you must expect some opposition when filing a claim, and you should only advance your case with a legal representative by your side.
Insurance companies are at no loss for customers, finances, and new opportunities. Whenever a claim is filed by an injured party, the answering insurance company can send a powerful team of defense attorneys to shut it down. People who try to pursue damages on their own are unprepared to take on the strength of the opposition.
Sheer size is not the only advantage insurance companies have in injury claims. They are also capable of using a variety of tactics and strategies meant to catch accident victims and claimants off-guard. Most notably of all, claim investigators know what to say and do to lead the conversation in such a way that liability is easier to pin on the claimant, even when this is known to be factually untrue.
To make certain you are not coerced or overlooked by an insurance company when you file an injury claim, retain the experienced services of The Daspit Law Firm. We have the know-how required to seek a fair settlement out of court to get you the money you deserve without delay. When matters are more complex and the responding insurance company will not cooperate, we’re not afraid to take your case to trial.
We offer free case evaluations to inquiring clients. Contact us today.
All too often, accident victims are steamrolled by insurance companies determined to minimize or deny their claims. Don't let this happen to you. Hire us to fight for the compensation you deserve.