How Insurance Companies Undervalue Injury Claims
When you’ve been injured, whether in a car crash, a fall, or another incident, your life can change in an instant. As medical bills arrive, you may think, “Well, that’s what insurance is for.” Unfortunately, many injury victims find out the hard way that insurance companies don’t always play fair. Insurance companies are in the business of protecting their bottom line, not yours. One of the most common tactics they use to preserve profits is undervaluing injury claims. That means offering less than what your case is worth. In this blog, our Charleston law firm will explore how these companies work behind the scenes and what you can do to protect yourself. The “Quick Settlement” Trap If you’ve ever received a phone call from an insurance adjuster shortly after your accident, you may have been offered a fast settlement. It might even seem generous initially, especially if you’re still dazed , missing work, or facing extensive medical expenses. But this is one of the most common tactics u...