It can be annoying to file a claim with an insurance provider. Insurance companies may make it difficult to reach a just settlement. Learn the insider information regarding filing an insurance claim with GEICO by reading this blog before you file one.
Secrets GEICO Would Like You to Be Aware Of
Government Employees Insurance Company is referred to as GEICO. In 1936, the business began writing insurance products. GEICO is currently the second-biggest auto insurance provider in the US, so chances are you’ll come across them.
Take into account these hidden facts regarding accident claims provided by our Fort Worth vehicle accident attorneys before you submit a claim with GEICO following a collision. Gaining knowledge of these secrets may enable you to defend your claim for damages and injury reimbursement.
GEICO Secret No. 1: Your Remarks May Damage Your Claim
You may receive a call from a GEICO insurance adjuster soon after you submit your accident claim. It could harm your case to speak with an insurance adjuster or other GEICO agent. These GEICO adjusters try to shield the business from legal liabilities.
Before speaking with GEICO, you should avoid talking about the following subjects with a lawyer:
- The accident’s specifics
- Your wounds and healing
- That took place the day before the mishap occurred.
- Your emotional and mental health
- Activities that your injuries allow you to perform or not
GEICO Secret No. 2: You Don’t Have to Send in a Recorded Statement
You may be asked for a written statement by the adjuster. It is not necessary for you to submit a statement in order for GEICO to handle your claim. Accepting to talk on a recorded line is not a good idea. Actually, you should always find out if the call is being recorded. It’s possible that the GEICO employee recorded the call without telling you. Anything you say to an employee of the company could be used against you later on.
GEICO Secret No. 3: Seek Legal Counsel Before Accepting the First Offer
GEICO may provide you a speedy settlement even before your medical care is finished. First offers are typically made for substantially less than what the claims are worth. Additionally, settling a claim before your treatment is finished may result in a settlement that is less than the full value of your case. You won’t know the entire degree of your injuries or your financial losses until your treatment is over.
GEICO Secret No.4: You May Not Realise How Much Your Case Is Worth
You cannot find out the value of your claim from GEICO. If you accept a settlement offer that is less than the amount of your claim, it won’t notify you of this. Most victims of auto accidents are eligible for a settlement that covers both their non-economic and economic damages. Damages from a vehicle collision could include things like:
- Anguish and hardship
- Medical expenses
- Deformities and impairments
- Agonising over emotions Lost income
- Scarring and deformity
- Reduction in life’s enjoyment
- Treatments for rehabilitation
- Reduced life quality
- Expenses borne personally
- Mental distress
- Reduced ability to make money
GEICO Secret No. 5: The Car Accident May Be Your Fault
It is possible that GEICO will be held accountable for your vehicle accident. It can save money, though, if it can assign you some of the fault for the collision. If you go to court, GEICO may try to persuade you that your claim will be worth substantially less by using comparative blame against you.
GEICO Secret No. 6: Watch Out If GEICO Acquires Your Health Liens
Medical professionals consent to treat patients on the condition that their lien would be satisfied by the personal injury settlement. But your medical bills and liens might be bought by GEICO for pennies on the dollar. The value of your claim is then determined by the business using the lower figure.
Speak with Our Auto Accident Attorneys
Make an appointment for a consultation with our automobile accident attorneys at NYlawnet if you’ve been hurt in an accident and require legal assistance.