Louisville Car Insurance Quote
March 172010
If you are an absolute victim of an accident one of the most frustrating things is how long it takes to actually get to a considerable understanding. Insurance companies tend to delay cases in an effort to wear the persons down and settle the case for less. I have listed a two of the most prevalent delays for the consumer/accident victim to be aware of.
The Insurance Company Drags Their particular Feet through Recognizing Liability for the Accident
This can together with does indeed come up all of the a period of time. Your trusty phone call isn’t returned. Your FAX is lost. Nothing can happen in reference as part of your getting compensated by the at-fault party’s insurance company up to the point they accept legal responsibility.
Your car will not get mended. You won’t need to receive a rental car. You will not end up being compensated for your anguish and suffering.
From time to time the adjuster will tell you they can’t get in touch with their driver to obtain a statement. Other times they will have to wait for the accident report. They will have to speak with a key witness. Or maybe the car will have to be evaluated and pictures taken. It will always be one thing. The key reason why? It truly is just one or two thousand dollars that they owe everyone. Well time is money. The longer the insurance company holds onto your money the longer they can collect interest. You might think that interest for a few weeks on a few thousand dollars is not that much. And you would be right if you were the only person that these delay tactics were being used on, however there are thousands and thousands of promises across the country. That is a lot of interest and therefore a lot of extra funds in the income column on the insurance company.
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