Insurance companies function on the simple principle of taking in more money by collecting premiums than they pay out in claims in order to make a profit. For this reason, they often search for any reason to undervalue a claim, delay it, or deny it completely. Some common maneuvers used by insurance company adjusters include:
Offering quick settlements, sometimes before you could possibly know or understand the extent of your injuries and the amount of time and money it will take for your recovery
Delaying the processing of your claim in the hopes that they’ll wear you down so you give up and accept a low settlement payment
Demanding a recorded statement in the hopes that they can later use it to claim a contradiction or change in your story
Purposely misrepresenting your rights and their coverage policy
Telling you that you don’t need an attorney or that an attorney will take most of your settlement in order to discourage you from getting the aggressive legal representation that you need to get the most for your claim
Though some claim denials may be valid, often an insurance company uses less than legitimate tactics or stretches the legalities in order to maximize their profits.