What Are Signs of A Bad Car Insurance Company? – If you think you can hit the road without the insurance coverage, then think again because in most states having car insurance is a mandatory requirement to drive legally. With the insurance coverage, it can help you to pay for the damage, injury, and loss in case you are involved in a car accident. Now If you have a car insurance plan or right now you are looking for a car insurance company, have you ever asked yourself if you can trust the car insurance company?.
There are many ways to determine if the company is bad or not, even if the company has some good reputation, there’s still a slight chance it is a bad company because the main goal of insurance business in the first place is to pay as little to none for your claim and as the result, many people didn’t get the compensation they owned. So you must avoid any bad car insurance company at all costs by looking at these 5 Signs of a bad insurance company.
- Lack of communication
The first sign you need to notice is their communication skills because a good car insurance company will give their full attention to provide the service you need while the bad one only selling the benefit to get money out of your pocket without even care about your problem. Try to look out if they avoid many of your questions and don’t mention any specific information regarding your insurance policy. But what good communication looks like? Good communication with the company should be frequent, flexible, informational, and they make sure you make the right decision (since most people are not insurance experts).
- Delaying proper payment on a valid claim
Insurance company knows you will face financial difficulties after an accident either for the damage of property or injury but at that moment you can feel the desperation, and that is what the company uses against you at least until you want to settle for anything the company wants. If the car insurance company keeps using the delay tactic that would slow down the process to reach a fair settlement then consider this as another sign of a bad car insurance company. There are many tactics to delay the process, here are the most common tactics used by a bad insurance company that you should watch out:
- Blaming you for your injury
You should have known that most of car insurance coverages don’t cover the damage you caused by your negligence, with this small loop-hole a bad insurance company will do their best to blame you and they may slowly respond to your call, mail, and letter so they can avoid paying the insurance claim.
- Requesting for recorded stateman
Another delay tactic that being used by a bad car insurance company is they want to hear your story of the accident based on your word, but don’t be fooled the information you provide is not to compensate you in any form but they use the information so they can find a way to make this your fault.
- Using the so-called “Expert“
Many companies use expert help which is fine but a bad insurance company would use the expert which is biased against you, so you better watch out.
- Pressure to make an early purchase on an unfair settlement
When the company asking you for the early payment without explaining more about the policy, then you know that the company doesn’t have value at all. The company may tell you that no other offer is available and you have to pay for a limited time offer or else you won’t get covered. The settlement may vary depending on which insurance you buy from but an unfair settlement may seem strict, urgent, and unnecessary.
4. Lack of documentation
The cleverest tactic that is used by a bad car insurance to avoid paying for your claim is by using a lack of documentation. Let’s say when you want to report a claim the insurance company may provide you with reasons why they denied your claim without giving you the detailed document on why they support it, if the company refuse to give you the documentation then it is a sign the company is acting in a bad faith.
- Telling you that you don’t need a lawyer
The insurance business exist is just like any other business, which is to make a profit out of you, not becoming your friend. Although they still have the obligation to ensure you, they may try to use the language you may not understand so you don’t have any clue about the insurance policy, for example, if you want to file a claim but your claim is denied by the car insurance company due to new rules, regulations, etc it can be very disconcerting for you.
But the good news is you can seek help from an experienced personal injury lawyer who knows about the insurance law and will fight for you since you know little to nothing about the insurance law. So if you are not familiar with the insurance sector consider getting some help from the professionals don’t let the insurance company convince you that you don’t a lawyer.