All automobile insurance companies are not created equal!
If you have just been involved in a car accident, particularly one in which you were injured, you’re about to get a firsthand lesson in a principle Smith & Hassler knows all too well: not all car insurance companies are created equal. Some automobile insurers are nationwide companies who process billions of dollars in claims each year and have thousands of employees working their claims. They probably advertise on television and you’ve heard of them before. Without commenting on whether they make reasonable settlement offers on injury claims, if nothing else, when you call one of the big insurers somebody is going to pick up the phone.
On the other hand there are some automobile insurers who write automobile insurance policies in only one or two states, usually only write minimum limits policies and typically write policies for driver who have a poor driving record, limited credit history, or both. This type of insurer tends to keep its overhead and costs down by overworking their employees and not having sufficient manpower to answer calls, handle claims, etcetera. You probably won’t have heard of the insurance company before, they don’t advertise on television, and each time you call you find yourself on hold for an unreasonable length of time (or your calls don’t get returned).
Automobile insurers also have different philosophies on how they handle injury claims, and a particular insurance company’s philosophy can change over time. Perhaps the most famous example is when Allstate Insurance hired the McKinsey consulting group to review how Allstate managed injury claims. In the 10-years after Allstate brought in McKinsey, the amount of money Allstate paid out in car accident cases went from $0.63 per premium dollar to $0.47 per premium dollar. McKinsey infamously created a presentation slide in which McKinsey recommended Allstate treat people making injury claims with “boxing gloves” instead of “good hands.”
Having prior experience with a particular insurance company and a good understanding of their claims practices is very valuable when making an injury claim. Beyond that it is also very valuable to have experience with the law firms and lawyers that handle lawsuits filed against people insured with these insurance carriers. When an injury claim cannot be worked out through settlement, a lawsuit is the next step, and knowing who will defend that lawsuit and how they will defend it is a strategic advantage. Smith & Hassler has represented thousands of injured Texas in claims and lawsuits in our 20+ year history. If you have been injured due to the negligence of a driver insured with any of the following automobile insurers (or any other insurance company) you can speak to a Smith & Hassler personal injury attorney at no cost for a free consultation: we’d be glad to discuss your case with you and give you some insight into what to expect from the particular insurance company you’ve found yourself having to deal with.
ACCC Claims Service, Statewide Claims, 21st Century, Canal Insurance, Allied Insurance, esurance, MetLife, Progressive, Safeco, Gainsco, Liberty Mutual, Infinity, State Farm, GEICO, Allstate, Farmers, Chubb, Zurich, U.S. Auto, Santa Fe Insurance, Travelers, The Hartford, USAA, Mercury Insurance, Central Insurance, Germania, Texas Farm Bureau