Insurance Company Tricks

Shreveport Personal Injury Law Firm Informs Clients of Typical Insurance Company Tricks

If you or someone you love has been in a car accident, it is very likely that the other party's insurance company has attempted to contact you. Understand that these insurance employees are only concerned about protecting the insurance company. Do not return their call or sign any documents without legal representation by a personal injury attorney. Don't make the same mistake that countless others have; contact the Shreveport, LA car accident attorneys at the Law Offices of Mark D. Frederick to help you deal with the insurance companies and get the compensation you are rightfully owed.

Insurance companies have three main strategies that they use to lead car accident victims into getting less money than they are due:

The Recorded Statement

Car accident victims are often approached by an insurance adjustor or lawyer with a request for a recorded statement. The goal is to get you to make statements, on records, as to the nature of your injuries. This seems fine, except that if you later report any changes, the insurance adjusters have the recorded statement to prove otherwise. You should never give a statement without an experienced Louisiana personal injury attorney at your side.

The Vanishing Settlement

Many insurance adjustors and their attorneys will claim that the offer they have made, in advance of legal negotiations, must be accepted immediately or it will vanish. This is designed to scare you into accepting their too low offer before you've had a chance to contact a personal injury lawyer. This is not true-and most of the time, a better deal can be reached.

The Low Initial Settlement

An adjustor will often contact you the day of the accident with an offer to pay a lump sum payment only if you sign a waiver stating that you will forgo your right to seek further damages. You must speak to your lawyer before accepting any offer. Initial settlement amounts are unfairly low, and the attorneys at the Law Offices of Mark D. Frederick have found time and time again that they can do better for you.

Insurance companies are gifted at not paying enough compensation, but it doesn't have to be this way. If you've been injured in an accident, don't agree to anything until you've spoken with the Northwestern Louisiana personal injury attorneys at the Law Offices of Mark D. Frederick. Call them today at 866-385-4007.