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blog Insurance/Bad Faith Are You Being Cheated by your Insurance Company?

Are You Being Cheated by your Insurance Company?

By Car Accident Help on March 27, 2012

If you have been offered a settlement from an insurance company, it may be in your best interest to have a lawyer review the offer before accepting it. It is common for insurance companies to cut corners by offering inadequate settlements or trying to reduce the value of your claim. When a claimant accepts a settlement, he or she will no longer be able to pursue compensation for their loss. Therefore, insurance companies hope that injured victims of Oklahoma car accidents will accept a lower settlement and allow them to close the case without paying out a significant amount. The practice of denying justified claims or offering an unfair settlement is known as “insurance bad faith.”

If you worry that your insurance company is cheating you, there is a good chance that your suspicions are justified. Never assume that your insurance company is being fair and remember that you do not have to accept their first offer. Instead, ask yourself a number of important questions.

What types of losses did you suffer in the accident? How much does your insurance cover? Does the settlement reflect all of the losses you have suffered, including medical bills, time away from work, and future losses that may result from your injuries? If you are being cheated, you may be able to pursue additional compensation through an OK bad faith case against your insurance provider.

The experienced Oklahoma bad faith insurance claim attorneys at Maples Law Firm make sure that our clients are treated fairly. We know how to fight large insurance corporations and how to get our clients the compensation they need and rightfully deserve. Please contact us at (888) 226-6159 today for a free and confidential case evaluation.

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Attorney L. Ray Maples II wrote Don't Wreck Twice with the intent of offering guidance and information to vehicle wreck victims. The book provides answers to some of the most important and frequently asked questions following an Oklahoma vehicle collision, which will be an invaluable resource to those involved in auto accidents.