Do Insurance Companies Rig The System?

Posted by the Charleston Personal Injury Lawyers at Anderson & Schuster, Attorneys at Law, LLC. Our Charleston personal injury attorneys help those injured in Charleston, North Charleston, Mt. Pleasant, Summerville and across the South Carolina lowcountry.

If you or a loved one has been injured in an accident or harmed by someone else’s negligence let the Personal Injury Attorneys at Anderson & Schuster, Attorneys at Law, LLC protect you and your rights from the insurance company.  You hear it time and time again from Charleston Personal Injury Lawyers, but after reading these experts from a recent Post and Courier article I bet you will agree.

Many insurance companies use extremely complicated computer programs like Allstate’s Colossus program, which have been cutting the costs of claims paid by the insurer at the expense of those injured in an accident.  A recent Post and Courier article described how the company could become more efficient if it targeted victims of injuries who didn’t have lawyers. In its “Good Hands” approach, Allstate would pay those unrepresented people within 180 days, which the article stated would take care of 90 percent of the claims. The 10 percent who hired lawyers or didn’t accept claim offers would get the “Boxing Gloves” treatment. In these cases, Allstate would expect to tie up payments for three to five years.

The article goes on to state that Allstate employees testified that they were trained to build rapport with those that have been injured and discourage them from hiring lawyers.  The article quoted an industry insider that suggested that the actual “good hands” strategy really and truly involved delaying and denying claims for several months and then making lowball offers as people felt more financial pressure.  It was estimated that by using Colossus and other claim-handling programs Allstate could reduce bodily injury payouts by $264 million a year.

Source: The Post and Courier: STORM OF MONEY: Insider tells how some insurance companies rig the system

Charleston Personal Injury Lawyers

If you have been injured and have considered negotiating with an insurance company personally, you might want to re-evaluate your options. Our personal injury attorneys are here to help those injured by the negligence of others and defective products in Charleston, North Charleston, Mount Pleasant, Summerville, Goose Creek, Hanahan, James Island, West Ashley, Isle of Palms, Sullivans Island, Folly Beach, Johns Island, Ladson, Awendaw,McClellanville, Moncks Corner and across South Carolina.  If you have been injured as a result of someone else's negligence contact the injury lawyers at Anderson & Schuster, Attorneys at Law, LLC today – (843) 388-3661.