The driver who caused your car accident purchased car insurance for the same reason you did—because it is required by Kentucky law to cover any injuries or damages resulting from a crash. You assume that when an accident occurs, the insurance company will come through and pay what it owes. Hate to break it to you, but these companies will do whatever they can to make you settle for less. Keep reading for 4 insurance company tricks to avoid after a Kentucky car accident.
Insurance Companies Don’t Want to Pay Fair Car Accident Damages
Insurance companies maximize their profits by taking in premiums and then paying out as little as possible in claims. Accordingly, some insurers will try to either get out of paying car accident damages or they will try to settle claims for less than they are worth.4 Insurance Companies Tricks Used to Minimize Claims
Insurance companies may try to:- Get you to settle quickly for less than your case is worth
- Get you to say something that could be misinterpreted to harm your claim
- Confuse you so that you agree to something that is not in your best interest
- Delay your claim so that you are desperate to settle