Anyone who has been involved in an Indiana car accident knows that dealing with insurance companies in the wake of the accident can be a real headache. While insurance is mandatory in all states and should act to provide compensation to car accident victims, the reality is that insurance companies are for-profit companies that are financially incentivized to pay out as little as possible for each claim.
In many cases, insurance companies will approach an accident victim early in the recovery process in hopes of getting to them before they speak to an attorney. An employee of the insurance company may try to act like they know what is best for an accident victim, and they will often explain that the claim is worth a certain amount and offer to settle the claim. However, accident victims should be careful when discussing their claims with anyone from the insurance company because in most cases, the offers made to an unrepresented accident victim are low-ball offers to settle claims that may be worth much more.
In other cases, insurance companies will outright deny an accident victim’s claim. This is especially the case when there are unusual facts surrounding the accident. In such cases, the accident victim may be left with no choice but to file a personal injury lawsuit, seeking to compel the insurance company to cover the claim. That is exactly what happened in a recent car accident case in Rhode Island.