COLUMBUS, Ohio. If you’ve been in a car accident in Columbus, Ohio, you may have to make an insurance claim in order to pay for car repairs, medical bills, and property damage. What many drivers may not know is that making a claim against your own insurance can result in massive cost increases to your policy. This is why it is important that you and your insurer properly determine liability. If the other driver was at fault for the accident, his or her insurance should pay. This should shield you from some of the cost increases that can occur after an accident. If you’re facing difficulty making an insurance claim, or if your insurance or the other party’s insurance is refusing to admit liability, a personal injury lawyer may be able to assist you in working with insurance adjusters. Contact E. Ray Critchett, L.L.C. in Columbus today to learn more and to protect your rights.
According to Forbes, even one $2000 claim against your auto insurance policy can lead to a 41% premium increase. In some states, these increases can be much higher. For the average policy holder, these increases can add up to an additional $300 or more every year. Insurance companies base their premiums on whether they believe you are at risk of getting into a crash. If you get into more than one crash, your premiums can rise even more. Bodily injury damages were found to result in greater cost increases over time than property damage claims.
According to Fortune, insurance companies have been struggling to make a profit, given fraudulent claims. This may mean that insurance companies and adjusters will work hard to avoid having to pay a claim. In some cases, they do this by offering individuals lowball estimates of damages in the hopes that individuals will take these low initial offers. In other instances, insurance adjusters may try to show that they are not liable, by pinning the blame on the other driver. If you’re facing either of these instances, you could end up losing hundreds or even thousands of dollars. Policy increases can affect you for years, if your insurance policy is wrongly forced to pay for another driver’s mistakes. Furthermore, you may have to shoulder bills out of pocket if an adjuster makes an offer that is lower than what you may deserve.
The good news is that if you were not at fault for an accident, the other driver’s policy may be able to cover your expenses. Under Ohio law, the person at fault for an accident is responsible for paying for damages. If you’re facing difficulties with insurance companies after an accident, it is important that you refrain from making any statements. Instead, ask to see everything in writing, and contact a personal injury lawyer in Columbus, Ohio today. Visit www.buckeyelaw.com to learn more about how you can protect your rights and make sure that insurance pays you the recovery you may deserve.