5 Myths Car Insurance Companies Want You to Believe

5 MYTHS ABOUT CAR INSURANCE COMPANIES

1. The insurance adjuster is your friend. Don’t expect them to take you out for lunch when this is all said and done. Insurance adjusters are paid to protect their company’s best interests, not yours.
2. You have to give a recorded statement. An insurance company might ask you for this so they can use this against you later if needed. Speak to a lawyer before you speak to an insurance company to avoid putting yourself at risk.
3. The insurance company will automatically pay what you deserve. If you’ve been involved in an auto accident through no fault of your own, you still aren’t guaranteed to receive benefits for your medical bills, car repairs, or lost wages. Also, people without a personal injury lawyer are more likely to receive lower payments for these costs.
4. Your settlement offer will be fair. It’s common to see insurance companies offer a low settlement payment to see if you’ll accept. Even if the first offer is higher than you expected, it’s better to see what a lawyer thinks about the offer.
5. You are obligated to accept the first offer. This is up to you and a lawyer. Often times, the insurance company will make a better offer once they see that you have legal representation.

With the growing number of people distracted while driving, it’s better to be prepared for an accident than assume it won’t happen to you. Keep these 5 myths in mind in case you’re involved in an auto accident that was caused by the negligence of another driver.

Additionally, here’s what to do if you’ve been injured in a car accident and it wasn’t your fault.