Podcast
Questions and Answers
What does the insurance adjuster do if they can place more fault on you?
What does the insurance adjuster do if they can place more fault on you?
- They increase the settlement reserve
- They pay you more money
- They deny your claim
- They pay you less money (correct)
What happens if a witness claims that you were speeding at the time of the accident?
What happens if a witness claims that you were speeding at the time of the accident?
- The insurance company will deny the claim
- The insurance company will pay out immediately
- The settlement reserve may increase
- The settlement reserve may decrease (correct)
What is one of the quickest ways to get an insurance company to increase your settlement reserve?
What is one of the quickest ways to get an insurance company to increase your settlement reserve?
- Sending them medical bills and records (correct)
- Threatening legal action
- Requesting a higher percentage of fault
- Hiring an expensive attorney
What is the purpose of obtaining a police report after a car accident?
What is the purpose of obtaining a police report after a car accident?
What information do insurance companies typically require during the claim process?
What information do insurance companies typically require during the claim process?
Why should injured parties be cautious about sharing too much information with the other driver's insurance company?
Why should injured parties be cautious about sharing too much information with the other driver's insurance company?
What can expedite the insurance claim process after a car accident?
What can expedite the insurance claim process after a car accident?
What can be given to the insurance company to gather information about the accident?
What can be given to the insurance company to gather information about the accident?
Why should injured parties be cautious about giving a recorded statement to the other driver's insurance company?
Why should injured parties be cautious about giving a recorded statement to the other driver's insurance company?
What is the purpose of the insurance adjuster determining the percentage of fault on each driver?
What is the purpose of the insurance adjuster determining the percentage of fault on each driver?
Why might sending medical bills and records to the insurance company lead to an increase in the settlement reserve?
Why might sending medical bills and records to the insurance company lead to an increase in the settlement reserve?
What is the significance of knowing the settlement reserve set by the insurance company?
What is the significance of knowing the settlement reserve set by the insurance company?
Why do insurance companies want their settlement reserve to be as high as possible?
Why do insurance companies want their settlement reserve to be as high as possible?
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