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Friday, 01 September 2017 16:14

Don’t Settle Your Auto Insurance Claim Until You Have All The Facts

Written by Vehicle Safety Firm

In the wake of Hurricane Harvey, insurance companies will use a bag of tricks to pressure the owners of flood and water-damaged cars into settling their insurance claims for far less money than their vehicles are really worth.


Hurricane Harvey Vehicle Claim Alert


Flood and water-damaged vehicles are typically declared a total loss. Insurance companies usually lowball policyholders into accepting offers for automobile storm claims that are 40 percent less than the actual value of the car, according to data in a presentation made by independent public insurance adjuster Auto Claim Specialists to the Auto Body Association of Texas in Hurst as Hurricane Harvey first hit the state’s gulf coast.


When car owners feel most vulnerable, insurance estimators use tactics to quickly settle claims with lowball offers by stating that it is "a one-time offer”.  They also resort to threats of cancelling the claim or not providing a rental car.  This is bad faith insurance adjusting.  Do not be taken advantage of by these high pressure closing tactics by insurance companies.


An estimated half-million vehicles received flood and water damage during Hurricane Harvey and its aftermath. 


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