Secrets of Accident Claims Against GEICO REVEALED
GEICO was established in 1936 as the Government Employees Insurance Company. In less than 100 years, it has become the second-largest car insurance company in the United States, providing 14.05% of the nation’s vehicle policies. Given this giant market share, if you are involved in a car accident, it is highly likely you will have to deal with GEICO.
However, the insurance claims process may not be simple. It’s crucial that you know what tricks to expect when going through this process. Our personal injury lawyers have extensive experience handling GEICO claims. We have discovered the following secrets about the insurance company and are sharing them with you.
GEICO Insurance Adjusters Use Recorded Statements Against Claimants
It sounds reasonable: You are in an accident. You call the insurance company. They state that they need a recorded statement to “expedite your claim.” You’re used to hearing that your calls will be recorded when you call any customer service line.
However, GEICO asks for a recorded statement to use anything you say against you.
Some examples of how tricky insurance adjusters might use your recorded statements against you include:
- Taking your innocent statement of “I’m fine” to indicate that you were not injured in the accident and the insurance company is not responsible for fairly compensating you
- Getting you to admit you were speeding a little over the speed limit or doing something else to show you are at fault for the accident
- Asking you questions about your injuries when you don’t know their full extent so they can later say that your injuries were not as serious as you claim
- Getting you to agree that it’s fortunate that you were not seriously injured
- Recording something you say that is later proven with scientific data not to be accurate to try to challenge your credibility
You do not have to give a recorded statement when you make a third-party claim. Most personal injury attorneys recommend not giving a statement as it seldom helps and almost always hurts claims. The better strategy is to let your lawyer handle communications with the insurance company.
You Might Receive a Quick Offer – But You Shouldn’t Accept It
GEICO might try to swat away your personal injury claim by making a quick offer to resolve it. The adjuster hopes that you accept this offer before you have a chance to consult an experienced personal injury lawyer and learn what your claim is really worth.
At first, you might be happy to get an offer. The amount of money GEICO is offering might even seem fair. However, many personal injury victims don’t realize the full value of their claims or how their injuries may impact their lives.
You may be entitled to compensation for:
- Medical bills
- Future medical expenses
- Lost wages
- Reduced earning capacity
- Costs to repair or replace your damaged vehicle
- Out-of-pocket expenses
- Pain and suffering
An experienced personal injury attorney can review the offer and inform you whether it is fair, given your unique circumstances.
GEICO Might Try To Devalue Your Claim
GEICO admits it has more than $75 billion in assets, and the average GEICO executive makes $230,152. The insurance company lines its pockets by raking in much more money in premiums than it doles out in claims.
Its insurance adjusters may try to devalue your claim in many ways, such as:
- Insisting you use their repair shops that charge GEICO less money to keep their lucrative business
- Bringing in medical professionals to determine what are usual and customary charges for cases like yours while ignoring your actual medical bills
- Refusing to pay for certain vehicle repairs or medical expenses
- Not offering you money for pain and suffering
In some cases, they might even blame you for the accident, refusing to offer any compensation for your claim.
Protect Your Rights By Contacting a Car Accident Lawyer With Experience Handling GEICO Insurance Claims
If you were injured in a car accident involving GEICO insurance, we can help. We’ve been in business since 1995, and our team has extensive experience dealing with GEICO insurance claims. Let us handle your claim so you can focus on your health and recovery. Contact our Dallas personal injury lawyers today to take advantage of a free case review.
Contact Our Car Accident Law Firm in Dallas, TX
If you’ve been injured in an accident in Dallas, Texas, and need legal help, contact our Dallas car accident lawyers at Jay Murray Personal Injury Lawyers to schedule a free consultation today.
Jay Murray Personal Injury Lawyers
2512 State St,
Dallas, TX 75201
(214) 855-1420
