Insurance companies are notorious for using tactics that deprive injured parties of fair compensation, and Geico is no different. However, every insurance company has unique ways of saving its bottom line while settling injury claims.
Geico is one of the largest auto insurance companies in the country. Its streamlined operations have serious implications for those who need to submit a claim. Geico has a well-established procedure for strategically minimizing the amount it must pay out over injury claims.
Our personal injury attorneys know all about the strategies Geico uses and how to help you avoid these pitfalls so your payout fairly reflects the injuries you’ve suffered.
Our Personal Injury Lawyers Protect Your Finances
Successfully navigating an insurance claim takes expert knowledge of insurance law and personal injury law. When a major insurance company like Geico is involved in an injury claim, success also depends on knowing how that company handles claims and the practices it engages in to maximize its profits.
Even if you know more than most about personal injury law or insurance policy practices, general knowledge isn’t the same as working experience dealing with Geico policies and the tactics used by Geico agents.
If you’re submitting a Geico injury claim, you need a personal injury attorney who has experience working with Geico and achieving positive results for their clients. Without a personal injury lawyer representing you, it’s nearly impossible to know how Geico will use the tricks of the insurance trade to save money at your expense.
Geico Practices Our Personal Injury Lawyers Guard Against
Our personal injury attorneys are well aware of the key strategies used by Geico to minimize their obligations. We handle Geico claims on your behalf to help reduce the risk that you’ll fall victim to one of these insurance strategies.
However, it’s good to know the key factors that can seriously impact your Geico payout. When in doubt, always speak with a lawyer before speaking with an insurance agent or accepting a settlement offer.
The Recorded Statement
The recorded statement is Geico’s best-known strategy for ascribing fault where it shouldn’t be. In the aftermath of an accident, a Geico agent will call and ask you to make a recorded statement about the accident.
Geico agents often make it sound like giving a recorded statement is a requirement, but in reality, it’s only an option and one you should avoid.
Geico can interpret apologies and uncertainty as an admission of fault. Telling an agent that you’re doing well in response to a seemingly conversational question can be taken as proof that you’re not suffering from physical pain or serious injury.
Anything you say in a recorded statement can be used as proof to deny your claim. We handle communication with Geico on behalf of our clients and avoid these tactics.
Ignored Medical Expenses
When another driver is at fault for an accident, their insurance policy bears responsibility for accident-related expenses, including your medical bills. However, Geico is known for using a few strategies to minimize its obligation to pay medical bills. Ignoring medical expenses is one of these strategies.
When you submit copies of bills and receipts showing medical expenses, Geico won’t offer you a settlement amount that covers these figures. Instead, they use in-house medical specialists to identify a target figure for the standard expense incurred by treating the type of injury you sustained.
Geico is one of several large insurance companies that ignore your actual medical costs.
Not surprisingly, Geico’s assessment of customary charges tends to be biased in their favor. Our personal injury attorneys protect our clients against this mistreatment and ensure Geico handles your medical expenses fairly.
Low Initial Offers
Like many large insurance companies, Geico offers extremely low initial offers. They do this for two reasons.
First, they hope you’ll be eager enough for the money that you’ll accept whatever they offer, even if you were hoping for more. Second, if you do counter their offer, a low beginning offer sets the negotiation bar low, which means that you’re more likely to settle for less than you deserve.
How Our Personal Injury Attorneys Maximize Your Geico Injury Claim
Our personal injury attorneys leverage our knowledge of Geico practices and personal injury law to your advantage. We know what tricks to watch out for, and we make sure you don’t fall victim to them.
In addition to putting our industry knowledge to work protecting your finances, we also do everything in our power to maximize your compensation. We communicate with Geico on your behalf to reduce the risk of an insurance agent twisting your comments to place you at fault.
We consider factors that can increase your compensation, and we negotiate aggressively for the full extent of your damages to be paid. If Geico refuses to settle for a fair amount in accordance with your injuries, we’re not afraid to file a lawsuit and pursue your claim in court.
Discuss Your Geico Injury Claim With a Personal Injury Lawyer Today
If you’ve been injured and Geico is the insurance provider of the party responsible for your injuries, you’ll need the assistance of an experienced personal injury attorney if you hope to walk away with fair compensation.
Don’t wait until it’s too late speak with a personal injury attorney before you get started pursuing a Geico injury claim.