4 strategies insurance companies use to lowball you in Milwaukee (2024)

Insurers will use 4 common strategies to avoid paying you what you deserve:

  1. Using your words against you.
  2. Scaring you with baseless accusations.
  3. Intentionally stalling.
  4. Pushing paperwork onto you until you sign.

An auto insurance adjuster is a full-time, professional low-baller. The BEST thing you can do to fight back ishire full-time professional auto accident lawyerswho have made their living fighting for Wisconsin’s injured.Hereare some things to think about as you do so.

Like any business, an insurance company tries to maximize revenue while minimizing expenses. Your normally pleasant relationship with an insurance company could turn nasty after an accident. Their strategy isn’t to offer you what you need, but what they think you’ll accept without a fight. In this day and age, it can be surprising that a large auto insurance company would try to screw its customers. The fact is, this sort of behavior is common, widespread, and profitable.

In an ideal world, an insurance company would deliver prompt and courteous compensation for your injuries and expenses as promised. In the real world, they will hire professional negotiators to stall, intimidate, and weasel their way out of any payment they can.

There are 4 common strategies that an insurer will use after an accident to avoid paying enough

1. An insurance company WILL use your words against you

Assume anything you say to a representative of an insurance company is being recorded and analyzed for them to use against you. When you’re speaking with an insurance adjuster following an accident it is important that you NEVER:

  • Agree to their version of events
  • Admit any fault
  • Agree to any figures or costs they present to you

While it is important to represent your side of the story truthfully, the answer to any question they ask or offer they make should be: “Let me consult my attorney.”

2. An insurance company WILL hurl baseless accusations to scare you

Once you begin to defend yourself against an insurance company they may fire back with scare tactics. They might claim that you’re inflating the costs of your medical expenses and committing fraud. They may threaten to get your driver’s license taken away. They may even tell you that their offer is final.

Don’t believe them. An insurance adjuster is not a lawyer, a fraud investigator or a judge, and they have no legal authority. As long as you’ve represented your case aggressively but truthfully they will not waste money to follow through on these threats.

They know that good, honest people are terrified of being falsely accused of a crime, getting wrapped up in a court battle, or losing out on an insurance settlement that they need. Exploiting these fears with empty threats is often an effective strategy for them.

3. An insurance company WILL intentionally stall and take too long

There is no law that says an insurance company MUST provide prompt service. They know that they can wear many people down and run out the clock by taking their sweet time until the statute of limitations passes. An insurance company may kick the can down the road by:

  • “Losing” your paperwork
  • Transferring your to another adjuster
  • Not returning your calls
  • Lowballing you to begin a drawn out negotiation process

If scaring you doesn’t work, an insurance company’s next tactic is to frustrate you until you cave and take whatever they put in front of you. They know that nobody wants to be dealing with the fallout of a car accident months after the dust has settled. You have bills to pay from the accident and the longer they stall the more dire your situation becomes. Don’t let an insurance company push you into desperation.

4. An insurance company WILL push paperwork at you until you sign

The most effective strategy that an insurance company has is the ‘fishing expedition.’ They will keep sending you paperwork that says “Sign here and collect your check.” DON’T SIGN ANYTHING until you’ve reviewed it with an experienced personal injury attorney and made sure that their offer satisfies your financial needs.

Their letters may become more aggressive as time goes on, insisting that this is their FINAL OFFER and if you don’t sign you will miss out on any hope of compensation for your damages. Do not believe them. With a calm head, the facts on your side, and a personal injury lawyer on your team, you CAN get the compensation that you deserve.

4 strategies insurance companies use to lowball you in Milwaukee (2024)

FAQs

4 strategies insurance companies use to lowball you in Milwaukee? ›

You may provide the most basic details such as your name and contact info, the location and date of the crash, and what car you were driving. Other than that, politely decline to give more details. You have the right to refuse to answer the adjuster's questions or to consult with a car accident lawyer first.

How do you respond to a lowball offer from an insurance company? ›

How to Respond to a Low Settlement Offer
  1. Retain a Lawyer. A lowball offer is a red flag that the insurance company is not treating you fairly. ...
  2. Analyze the Offer. ...
  3. Reject the Offer. ...
  4. Wait to Settle Your Claim Until You Recover. ...
  5. Make a Counteroffer. ...
  6. File a Lawsuit.

How do you answer an insurance adjuster question? ›

You may provide the most basic details such as your name and contact info, the location and date of the crash, and what car you were driving. Other than that, politely decline to give more details. You have the right to refuse to answer the adjuster's questions or to consult with a car accident lawyer first.

Why do insurance companies offer low ball offers? ›

Insurance companies make lowball settlement offers because they want to pay you as little as possible for your injury. They have nothing to lose by offering you less than what you deserve. And if you say yes to the amount they put on the table, they escape their liability for a fraction of what they owe.

How to negotiate for more from insurance settlement? ›

Maximize Your Insurance Claim Payout: 10 Tips for Understanding and Negotiating the Estimate
  1. Never Accept the First Offer.
  2. Never Sign Anything Before Consulting.
  3. Hire a Professional to Review and Give You Advice.
  4. Look Out for These Four Specifically.
  5. Show Proof if You Want to Argue the Estimate.
Jun 6, 2023

How do you win a lowball offer? ›

Winning Strategies for Lowball Offers
  1. Find Out the Seller's Motivation.
  2. Write a Clean Offer.
  3. Always Counter the Counteroffer.
  4. Divert Attention Away From Price.
  5. Give a Logical Reason Why Your Lowball Offer Is Fair.
Jan 24, 2022

How do you respond when a company Lowballs you? ›

  1. 1 Know your worth. The first step to responding to a lowball job offer is to know your worth. ...
  2. 2 Don't take it personally. ...
  3. 3 Prepare your counteroffer. ...
  4. 4 Choose the right time and medium. ...
  5. 5 Be respectful and positive. ...
  6. 6 Be ready to compromise or walk away. ...
  7. 7 Here's what else to consider.
Aug 15, 2023

How do I succeed as a Claims Adjuster? ›

As an insurance adjuster, you deal with clients, claimants, witnesses, and other professionals on a daily basis. To succeed in this role, you must have excellent communication skills. You should be able to communicate clearly and concisely, listen actively, and build strong relationships with your clients.

What is the star method for claims adjusters? ›

STAR stands for Situation, Task, Action, Result. This structured technique can help you eloquently answer interview questions.

What are the best responses to low ball offers? ›

Acknowledge it's a low ball offer

One approach is to simply say that you're willing to negotiate, but that you need to hear a serious starting offer. Another is to counter-offer with a price that's slightly lower than your asking price – even just $1,000 below it.

Do insurance adjusters try to lowball you? ›

Insurance adjusters usually propose a lowball offer because their companies don't want to pay more money than they have to, and they think they can get away with it if the claimants don't have experience negotiating these types of claims.

Why is the first settlement offer so low? ›

Another reason for these low offers is that insurance companies hope to close the case quickly. They know that the sooner a claim is settled, the less chance there is of new information coming up that could increase the claim's value.

How to argue with an insurance company? ›

Write to an executive at the insurance company. Ask a third party such as an ombudsman to help with your dispute. File a complaint with your state department of insurance, which regulates insurance activity and insurer compliance with state laws and regulations. Seek arbitration if that is an option in your policy.

How do you ask for more money in a settlement? ›

Get the Adjuster to Justify a Low Injury Settlement Offer

Instead, ask the adjuster to give you specific reasons why the offer is so low, and make notes of what he or she tells you. Then write a brief letter responding to each of the factors the adjuster has mentioned.

How do you win a settlement negotiation? ›

Try to stay level-headed. Keeping the conversation polite and respectful will improve your chances of reaching agreement. It is also important that you take time to prepare yourself before those negotiation talks begin. Good preparation will give you more confidence going into mediation or settlement discussions.

How do you respond to an offer that is too low? ›

Here is a list of steps on how to respond to a low salary offer:
  1. Ask for time. ...
  2. Understand your minimum acceptable salary. ...
  3. Conduct research. ...
  4. Make a plan. ...
  5. Practice negotiations. ...
  6. Show enthusiasm. ...
  7. Negotiate for early performance reviews. ...
  8. Focus on your skills and expertise.
Feb 2, 2024

What if a car insurance company is not offering enough money? ›

File a Lawsuit

You may need to take your case to court if you cannot negotiate a settlement. Unless you are well-versed in litigation, this is an area for professionals. For that reason, hiring an attorney is advisable at this step, even if you handled negotiations independently.

How do you politely decline a low ball offer? ›

“Thank you so much for the offer. I'm really excited about the company and the role. I want to be upfront with you that the salary is lower than I was expecting based on my skills and experience. I'd like to be at a number more like $X.

How to write a counter offer letter for insurance settlement? ›

Finally, draft a counteroffer in the form of a letter. Start by summarizing the adjuster's offer and tell the adjuster that the offer is rejected. Explain, point by point, why the offer is too low. If you have any bills or other documents to prove your damages that you haven't already provided, you should attach those.

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