Auto insurance adjustors are known for employing strategies to minimize your injury claim. Discover the tactics they use and how to protect yourself.
Auto insurance adjustors often use various strategies to reduce the amount they have to pay out on claims. Understanding these tactics can help you navigate the claims process more effectively and ensure you receive the compensation you deserve. This article delves into three common tactics used by adjustors, providing detailed insights and statistics to help you stay informed.
Auto insurance is a legal requirement in most states, with 49 states mandating some form of auto insurance coverage. According to the Insurance Information Institute (III), in 2019, 12.6% of drivers in the U.S. were uninsured, highlighting the importance of having your own coverage to protect against uninsured motorists.
Insurance companies are businesses focused on profitability. While they provide a necessary service, their primary goal is to minimize payouts. Adjustors are trained to use various tactics to achieve this, often at the expense of the claimant. Here are three common tactics they use:
Adjustors often request recorded statements immediately after an accident. This is a strategic move because injuries may not fully manifest until days or even weeks later. For instance, a study by the National Institutes of Health (NIH) found that symptoms of whiplash can take up to 72 hours to appear. If you initially report only minor injuries, it can be challenging to claim more severe injuries later.
Insurance companies may ask you to sign a medical authorization form, ostensibly to access records related to your accident. However, these forms often grant them access to your entire medical history. This can be detrimental if you have preexisting conditions. For example, if you had a back injury years ago, the insurance company might argue that your current back pain is related to that old injury, thereby reducing your settlement.
Adjustors know that financial pressure can force claimants to accept lower settlements. By delaying the claims process, they hope to exploit your need for immediate funds. According to a report by the Consumer Federation of America, delays are a common tactic used to pressure claimants into accepting less than they deserve.
Understanding these tactics is the first step in protecting yourself. Here are some tips:
Auto insurance adjustors are skilled at minimizing payouts, but being aware of their tactics can help you protect your rights. Always consult with a legal professional to ensure you are adequately represented and receive the compensation you deserve.
For more information on how to handle insurance claims, visit the Insurance Information Institute and the Consumer Federation of America.
By staying informed and cautious, you can navigate the complexities of auto insurance claims more effectively.
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