We have written many articles about insurance companies and their tactics. One of their favorite is to take advantage of a person’s fear by undervaluing the claim. A person must then choose between less money paid now, or a chance for more money later.

Why do they undervalue claims?

When a driver hurts someone else in an accident, the injured person typically files a claim with the driver’s insurance company. The insurance company will then investigate the claim to determine if their driver was at fault and the damages the driver caused. The adjuster is not trying to pay what the company owes; the adjuster, by undervaluing the claim, tries to find the least amount possible that the injured person will accept. Undervaluing the claim leads to the insurance company offering a settlement substantially less than the actual damages.

By undervaluing the claim, the insurer hopes to pay as little as possible, knowing the injured person can never get more. Undervaluing a claim is also a way that insurance companies try to take advantage of lawyers who do not take cases to trial. That is why it is important to find a Southern Colorado lawyer you can trust, who will work with you to get the best outcome possible. Especially if that means taking your case to trial.

What do they look for to undervalue a claim?

Insurers give many excuses for undervaluing claims. Some of the most popular are:

  • Pre-existing medical conditions;
  • Failure to seek medical treatment immediately after an accident;
  • Failure to seek medical treatment in the weeks and months after an accident;
  • Another driver was partially at fault;
  • The injuries are not as serious as claimed.

When an insurance company is undervaluing a claim, the injured person has a tough choice to make: a little guaranteed money now, or risk that for potentially more money later. There is not always a correct answer to that choice. Only by working with an experienced attorney you can trust can you determine what is the right choice for you.

If you or a loved one has been injured in an accident, don’t trust the insurance company. Instead, find a Southern Colorado lawyer you can trust to help you.