Insurance Companies: To Pay or Not to Pay?

By: Sam Steinberg, Esq.

If you drive a car then you know that every driver is required to carry a minimal amount of insurance. While most drivers are aware of the basic insurance requirement, most don’t fully understand what the implications are and how that affects their case.

Immediately after a motor vehicle accident you will have multiple issues and concerns that arise as a result of the damage and potential injuries, and most of those questions ultimately relate to who is going to pay for the damage and how much is going to be paid.  Those damages range from loss of income, medical expenses, pain and suffering, and property damage.  To put it simply, how much money are you going to be entitled to as compensation for your loss.

For the most part, it is not the driver that caused the accident but the driver’s insurance company that is going to decide how much money you are going to get.  Dealing with insurance companies and their claim representatives is difficult, time consuming, and extremely frustrating. Additionally, not all policies are the same and not all policies pay for the same things. What and who will be paid will depend on the type of coverage the driver had at the time of the accident.

While you are going to want to be compensated for the entirety of your loss, the insurance company’s only goal is to pay you the least amount of money possible. After all, they make money by giving out less money than they take in.

Negotiating with the insurance company representative is going to be the most difficult aspect of your personal injury suit. The insurance company’s negotiating strength comes from two advantages: time and resources. The insurance company knows that you are going to want to be paid as soon as possible and they will use that leverage to pay you less. The insurance company can afford to be patient and wait for you to accept a low-ball offer, knowing that many people will accept a lesser amount rather than drag out the process. The insurance company also has loads of resources they can use to their advantage, from investigators to experts to specialized software that allows them to formulate the lowest possible amount of money they will pay you.

Thompson Steinberg has years of experience in negotiating with insurance companies that allows us to get the best possible settlement for our clients. Our attorneys’ experience includes working for insurance companies, so we know how the other side operates and does business. That gives us a unique position to anticipate their operating procedures and we will use that experience to get you the results you deserve.

Sam A. Steinberg, Esq.

P: 951-359-1209



Sam Steinberg is a partner and co-founder of Thompson Steinberg.  He has extensive experience in all aspects of insurance, insurance coverage, and insurance litigation, vehicular accidents, personal injury, construction defect litigation, and general litigation.  He has a black cat that roams his home freely.

**The information presented here is general in nature and is not intended, nor should be construed, as legal advice for a particular case. This blog posting does not create any attorney-client relationship with the author. For specific advice about your particular situation, please consult with your own attorney.**


One thought on “Insurance Companies: To Pay or Not to Pay?

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s