Is the Insurance Company Really on Your Side?

When you sign a contract with an insurance company, you are often made to feel that the insurance company is your “friend,” that they will be looking out for your best interests, and that they are there to protect you. You believe that in exchange for the expensive premiums you pay, you will be fully covered in the event that you have an accident that involves personal injury or property damage. Many people simply have a hard time believing that their insurance company will be anything other than fair following their accident.

One question that clients at Console & Hollawell frequently ask is, “Is the insurance company really on my side?” The answer is “no.”

Don’t be fooled. Insurance companies are more interested in making a profit than they are in protecting you. As the rest of America struggled during a difficult economy, health insurance companies in the United States increased their profits by 56% in 2009 alone. During the same year, the top execs at the five largest for-profit insurance companies received nearly $200 million in compensation combined.

Insurance companies make profits by limiting the amount of compensation they pay out to customers just like you. Insurance adjusters are highly skilled and trained at finding ways to limit compensation.

Insurance companies will use every trick in the book to deny, reduce, or delay your claim, including offering quick settlements that may not cover long-term costs. Unfortunately, many of their customers don’t fight back, because they trust that the insurance company is correct, or don’t think they’ll have a chance against a big corporation. Other customers are incensed and angry about how they’ve been treated, but simply don’t have the knowledge or experience necessary to take on big insurance companies.

If you’ve recently been in an accident and want to make sure that your insurance company isn’t limiting compensation for injuries or property damage, the New Jersey and Pennsylvania personal injury lawyers at Console & Hollawell can help. Since 1994 we have successfully battled some of the biggest names in the insurance industry, know all of their tricks and will fight to get you what you rightfully deserve.

Don’t let your insurance company reduce your compensation. Studies show that accident victims who work with an attorney receive roughly 3.5 times more compensation than those who handle their claims on their own. Contact us today and let us review your situation, educate you on your legal rights, and come up with a plan designed to ensure you receive the compensation you rightfully deserve.

Call the award-winning Pennsylvania and New Jersey personal injury attorneys at Console & Hollawell today 866-778-5500 for a free consultation