Allstate Fights Back Against Car Accident Victims
Apparently, David vs. Goliath wasn't acceptable odds for Allstate Auto Insurance. Victims of catastrophic injury accidents are outraged by Allstate who continues to routinely deny claims, solely for the purpose of increasing their chances of avoiding financial liability for those covered under their policies. Many victims who have comparatively minor injuries are finding that small claims court is a viable option. Others have found that they will just have to endure years of court battles and humiliating circumstances until a jury can award the compensation they deserve.
"From Good Hands to Boxing Gloves
A book written by David Berardinelli, Michael Freeman, and Aaron DeShaw, From Good Hands to Boxing Gloves tells of profit-boosting strategies that a consulting firm presented to Allstate to maximize profits and diminish the amount of money sent to clients who put in a claim. This company's recommendation to Allstate was to low-ball claims so that desperate customers in dire straits would be more likely to accept a settlement offer while Allstate continued to make a profit and collect interest on the insurance payment. Allstate would offer its "good hands" in the way of a low-ball claim and, if the customer did not accept, get out the "boxing gloves."
Business Week recently wrote a story detailing how Allstae routinely tries to deny its policy-holders their full benefits, paying out pennies compared to what they are entitled to.
"Claimants in the "good hands" category may get swift reimbursement, but they will end up with less than they're entitled to, " he says. Those who hold out for more -- and retain a lawyer to help them get it -- face battering in the courts and potentially years of delay. "you can get your claims resolved promptly or fairly," he argues, "but not both." Also according to the article, "Allstate deploys a variety of systems…to make sure it pays the minimum necessary -- and it plays hardball with those who seek more."
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The BISNAR|CHASE personal injury law firm is not representing any of the parties mentioned in this article at the time the article was posted. Our information source is cited in the article. If you were involved in this incident or a similar incident and have questions as to your rights and options, call us or another reputable law firm. Do not act solely upon the information provided herein. Get a consultation. The best law firms will provide a free consultation. We provide a free, confidential consultation to not at fault persons named in this article. The free consultation offer extends to family members as well.
