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CNN Reveals Why You May Need a Lawyer to Fight the Insurance Company

CNN investigative reporters revealed damning evidence against major insurance companies, such as State Farm and Allstate, which are profiting billions of dollars by underpaying injured car accident victims. The money these insurance companies are denying car accident victims would otherwise go toward doctor visits, lost wages, and rehabilitation. However, new strategies adopted by insurance companies have them making take-it-or-leave-it payout offers that in many cases don’t cover even a fraction of the victims’ expenses.

Imagine you are driving along and another car comes out of nowhere and runs into the side of your car, injuring you to the point where you can barely walk. You are in severe pain, and need doctor visits, CT scans, X-rays, and rehabilitation therapy. Wouldn’t you expect the insurance company of the driver who hit you to pay those bills?

Roxanne Martinez did. CNN reported that when she was hit by an SUV on the passenger side of her car, she was smashed up against her driver-side window, damaging her spine. Her medical bills quickly accumulated and she thought Allstate, the insurer of the driver who hit her, would pay for her injuries.

Three years later after CT scans, doctor visits, X-rays, and a host of medical problems, Roxanne was still fighting Allstate. The company finally offered her $15,000, a sum that did not cover her expenses, much less her pain, time lost from work, or the emotional anguish of not knowing whether she would be able to afford her treatment.

This tactic is part of a strategy insurance companies are using to make themselves billions of dollars. CNN’s year-and-a-half investigation into the insurance industry found that if you are injured in a minor accident, major insurance companies will likely challenge your claim, drag you into court, and take years before making you an offer. This offer is often significantly less than your claim is worth.

Industry insiders say this results in 80% to 90% of injured victims accepting what the insurance company offers instead of fighting.

more info https://ostrofflaw.com/cnn-investigative-report-2/

https://docs.google.com/presentation/d/1tK7Cq0WYE_Jbut9wKINYSEnPSaXFndpmovl-Sg3Focw/edit?usp=sharing