Now, as soon as you file your claim for compensation with the insurance company, it’s going to be distributed towards a certain adjuster who’s going to handle the investigation of your claim and the further adjustment of the amount. However, there are a few things that you need to know about those special agents.
The fact is that it’s in their best interest to make sure that you don’t get a lot of money. The more they manage to cut back off your compensation, the more profit they will be able to report and hence the larger bonuses they get. That’s right – this is how it works. Insurance companies do not have it at their best interest to pay the full amount of your compensation, even if you are legally entitled to it. This is due to the fact that this way they wouldn’t be able to report any kind of profit to their shareholders. So, naturally, they would try to cut it back or even deny it. So, how to proceed if you’ve been denied insurance that you are actually entitled to?
The first thing that you can do is hire a professional personal injury lawyer in Milton or Kitchener and have him look into the case. As a matter of fact, this is something that you should have done already. However, a lawyer could help you undertake the right trail of action. They have the skill and knowledge about how to deal and handle similar cases and have already won millions as compensation for various other companies and victims.
Furthermore, you can always threaten a lawsuit. If you are entitled to the compensation and you know it, then so does the insurance adjuster. Having two different opinions on a straightforward matter of the kind is impossible. With this in mind, as soon as you file your claim in court and the adjuster gets notified about it, you will see how his overall attitude is going to change immediately. This is due to the fact that they have absolutely no interest in pursuing the matter to court. Sure, it’s going to take a while prior to reaching a ruling but once you get there, it’s definitely not going to be in their favor and the amount of money they would have to pay would have doubled because of attorney’s fees, interest rates as well as higher compensation award.
These are just a few things that you can do in order to get a proper compensation offer from your adjuster and avoid getting ripped off. Even though it’s just business for them, you shouldn’t let insurance companies bully you into situations that are outside of the lawful frames. Make sure that you stand up for your rights and get the necessary help to do so effectively. This way you will get compensated.