Why You Should Never Take On An Insurance Company
Published on:December 17, 2015
Suing An Insurance Company

People who get into auto accidents or have slip and fall incidents at a business or public location have several significant decisions to make. The first decision is what to do about their care and how they will arrange for their recovery. If you are ever in an accident or have some sort of incident, we urge you to seek medical care immediately. Even if you don’t think you have been injured, you may just be feeling the effects of the adrenaline as it pumps through your body. Once that adrenaline wears off, you will start feeling the pain and you want to be treated for that pain before it gets worse.

The Insurance Company Process

If you experience an accident of any kind in a public place, there is a very good chance that an insurance company will be notified. If you get into an auto accident, then the other party will file a claim with their insurance company that will involve your information. After you slip and fall in front of a business and have to get medical treatment, the business may inform its insurance company to try to protect themselves.

If you are injured in an accident, then it is important for you to collect insurance information from the other party and inform your own insurance carrier immediately. The insurance companies will start processing your claim immediately, and you will be contacted in a very short period of time.

What Not To Do After An Accident

The worst thing you can do after an accident is to accept the first settlement any insurance company sends your way. Earlier we discussed how adrenaline can mask the symptoms of an injury, and ignoring that injury could lead to long-term issues. With an accident, it can be difficult to tell immediately what kind of long-term effects you will have to deal with. If you settle with the insurance company with their first offer, you could be putting yourself in a very bad position.

When you have an accident, you have to think of such expenses as:

  • Property damage repairs
  • Immediate medical care
  • Long-term medical care
  • Recovery and rehabilitation
  • Lost income
  • The inability to work

If you settle with the insurance company immediately, then you may have solved some of your short-term concerns. But what if the accident injuries prevent you from being able to work again? What if your property damage turns out to be more than you had anticipated? Once you settle with the insurance company, your case is closed. If you shorted yourself in your settlement, then you will have to deal with that.

What You Should Do After An Accident

After you have taken care of your immediate medical concerns and before you talk to any insurance companies, you need to hire an attorney. If you are unable to speak for yourself, then your family should hire an attorney for you. A good attorney will make sure that you get the settlement you need by collecting all of the pertinent information, and making the insurance companies recognize their responsibilities.

The actions you take immediately following an accident could impact the rest of your life. If you quickly settle with an insurance company and you wind up having long-term issues, then that could mean financial disaster. Instead of putting yourself in a financial hole after an accident, you should hire an attorney who will protect your interests and get you the compensation you deserve.