Allstate markets itself as the "good hands" company. Don't
believe it. When it comes to filing a claim against Allstate, watch out
for those "good hands" or you may get sucker punched.
Without an attorney fighting for your rights, filing a claim after an auto
accident may feel like a David versus Goliath match up. That's because
the big insurance companies like Allstate routinely deny claims, make
low ball settlement offers, and make you fight for every bit of compensation
you deserve. Allstate knows that if they fight your claim hard enough,
there's a chance you may give up the fight. Tired of fighting Goliath,
you may accept a low ball settlement or you may walk away from your claim
altogether. Every time an accident victim gives up the fight, Allstate
wins and corporate profit goes up.
In their recent book, "From Good Hands to Boxing Gloves," authors
David Bernardinelli, Michael Freeman, and Aaron DeShaw talk about Allstate's
strategies -- including automatic denials, low ball offers, and others
-- to avoid paying fair compensation to accident victims and boost corporate
profits. Allstate knows that a serious accident can leave the victim in
a financial crunch. Hospital and medical bills pile up fast, especially
if you're not able to work because of your injury. You're only
in "good hands" if you accept their early, low ball settlement.
If you don't, Allstate trades in the "good hands" for boxing gloves.
A recent item in Business Week tells a similar story about how Allstate
fights claims in order to settle them for pennies on the dollar. If you
don't take their early "low ball" offer, accident victims
may face a long uphill battle against Allstate's attorneys. According
to the author, "You can get your claim resolved promptly or fairly,
but not both."
Bottom Line: When fighting a Goliath like Allstate, you need an experienced
injury lawyer on your side to make it a fair fight.