Insurance will Deny, Delay, Diminish, or Deflect Your Claim
Insurance companies are just that: companies. Their primary goal is to make money to make sure their shareholders or members are happy. If that means bilking you out of your rightful claim, they will do everything they legally (and sometimes illegally) can do in order to diminish the amount they pay out after a motorcycle wreck.
What can you do to combat this and ensure that you’re fully compensated for your losses? First of all, you can enlist the help of Herbert Law Group. With our experienced legal team, we make sure that you’re not stressing over what you legally are entitled to.
Long before the wreck, though, make sure to keep these points in mind.
An Insurance Company will Flat Out Deny Your Claim
The number one way that an insurance company will try to weasel their way out of paying for a claim is to simply deny that your loss is covered.
The way that they do this is often to get you to admit to something, anything, that can be used against you. If you’ve been in a wreck, don’t ever agree to be on a recorded line. If you admit to something as simple as, “I may have been going a few miles per hour over the speed limit” you set yourself up for your claim being denied.
An Insurance Company will Diminish Your Claim
Often the full extent of your loss won’t be known for a while. Your injuries may not present themselves right away, or your doctor may have to monitor you for a while to ensure no lasting effects come up.
The insurance company doesn’t want to pay out any more than the bare minimum. To diminish the severity of your claim, they will offer a lowball settlement that might look good at first, but will be far from good when it comes down to it. These settlements can include coverage for your property loss (fixing or replacing your busted up motorcycle), paying your initial medical bills, and maybe a thousand or two thousand dollar for pain and suffering.
An Insurance Company will Delay Your Claim
After your wreck, it’s important to get things taken care of as quickly as possible. There are two big reasons for this: witnesses and evidence are harder to analyze the longer the time passes, and Texas has a two year statute of limitations.
The insurance company is counting on witnesses forgetting key information, evidence that wasn’t taken into account right away is lost, forgotten, or overwritten (images and video are only kept for so long on security cameras), and eventually the statute of limitations will run out. A motorcycle wreck lawyer will help keep things moving, and even push for bad faith if the insurance company isn’t doing their part.
An Insurance Company will Deflect Your Claim
There are a lot of issues and moving parts to a motorcycle wreck claim. Sometimes they get downright confusing. Something the insurance company will use against you.
Here’s a way that it often works. The insurance company claims they need your medical records so they can verify that you did indeed seek treatment. But what they don’t tell you is that you’re giving them all of your records. So, when they see that you injured your arm in the wreck, but you also had surgery on that same arm years earlier (maybe from an old sports injury), they can deflect and say that the injury wasn’t from the wreck, but rather from that old injury.
Herbert Law Group will Defend Your Claim
Insurance companies need to make money. Unfortunately, they will often tread on the people they are there to help, in order to post a profit for that quarter.
When you have suffered a loss, you need someone on your side. You need a motorcycle wreck attorney in Texas that knows the law, understands what to fight for, and how to help you receive compensation that fully covers your losses.