What you need to know if you've been involved in a car accident involving someone insured with Allstate, or if Allstate won't pay your claim.
If you've been involved in a car accident, you have a lot to take care of: medical bills, car repairs, lost wages, etc. Handling a claim with a company like Allstate may seem like the best option, but it can be much trickier than you think. The experienced car accident attorneys at Grossman Law Offices are all too familiar with the tactics used by insurance companies to devalue claims like yours. In this article, we'll share some of what we know about working with Allstate.
What to Expect: Dealing with Allstate Insurance After a Car Accident
What all lawyers have come to know is that dealing with companies like Allstate is a nightmare. They routinely deny valid claims, when they find the opportunity to do so, and usually the only way to beat them is to file suit. As you are probably aware, Allstate is one of the largest insurers in the United States.
Allstate's CEO put it very simply one day when he stated "our obligation is to earn a return for our shareholders." This pretty much sums it up. There's nothing wrong with seeking profits, every business does this, but when it is at the expense of car accident victims, we have a problem. So how do they do this?
How Does Allstate Avoid Paying Valid Claims?
Allstate May Delay Until the Last Minute
First and foremost, they delay settlements and payouts until the very last minute. Most insurance companies use the coffers that their customers provide through premiums, as a tool for their investment branch or as an interest-earning commodity. It makes sense then, that the more cash on-hand, the more interest earned.
Allstate Will Utilize Their Extensive In-House Litigation Team
Further, they employ their own in-house litigation team, whereas many other companies will farm out a lawsuit defense. Again, this is fine, but it incentivizes an insurance carrier to litigate almost any claim. In other words, by having attorneys on retainer for litigation, they are able to effectively reduce your injury claim by always taking it to court. And if the attorneys are on retainer, there's really no added expense by pursuing litigation. This again slows down and/or limits the recovery of a victim who has a legitimate personal injury claim.
Grossman Law Can Level the Playing Field Against Allstate
If you have been involved in a car wreck and need assistance dealing with insurance companies, contact Grossman Law Offices at (855) 326-0000. We have over 30 years of experience working with insurance companies like Allstate. We're confident we can answer whatever questions you may have regarding your potential claim.
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