When we pay car insurance premiums, we expect our insurance company to have our backs if we are ever in an accident, especially if the other driver was at fault. But the truth is that car insurance companies are not charitable organizations; instead, they are focused on profits. To them, if they pay out every claim at maximum, they will experience lower profits that year. So, to keep their profits high and costs low, insurance companies will often devalue a claim, or outright reject it, even if a customer has a clear case for compensation.
After an accident, most victims worry about the looming medical bills they will have to pay. Most people live paycheck to paycheck, so having to take time off from work severely limits their ability to cover their medical expenses. Often, accident victims will delay treatment—either refusing a trip to the emergency room (ER) or waiting to see their primary care physician—because they do not want to deal with the financial stress they believe will follow.
Accidents bring a lot of emotions: anger, depression, anxiety, stress, fear. Most people just want to get back to life before it happened and wish they could avoid the pain and costs altogether. Many think they just have to handle most of the expenses themselves because they expect the insurance companies to lowball them.
We all dread the thought that we could be in a car accident one day. We hold our breath when a big truck leans into our lane, or we see a car speeding toward us in our rearview mirror. Beyond the fear of injury, there’s the financial anxiety we all have.
Virginia is a “fault” state after a car crash, which means the person at-fault for the accident needs to pay for the costs of the accident. In a car accident claim, you’re usually going to be seeking compensation from the at-fault driver’s auto insurance company.
In this interview, John Singleton, partner at GibsonSingleton Virginia Injury Attorneys, explains how an insurance company decides whether to fight a claim, and how hard they are willing to fight.
When people come to GibsonSingleton Virginia Injury Attorneys for help, most think they’re “covered” by their auto insurance company. But are they? Here’s what personal injury lawyers Ken Gibson and John Singleton had to say:
What big insurance companies’ strategies mean to you and your family
“You’re in good hands with Allstate.”
“Nationwide is on your side.”
“Like a good neighbor, State Farm is there.”
♪ Like a good neighbor, State Farm is out to make a lot of money! ♪
Doesn’t have much of a ring to it, does it? But unfortunately, it’s true about State Farm and many other insurance companies. While they may have benevolent slogans such as, “You’re in good hands with Allstate,” the reality is that these huge corporations are about maximizing their profits.
Back by popular demand is local insurance agent Jay McGlohn, Vice President of Gloucester Southside Agency, a Towne Insurance Agency.We asked Jay for his take on uninsured or underinsured motorist (UM/UIM) coverage:
Answer: “uninsured or underinsured motorist” coverage
At GibsonSingleton Virginia Injury Attorneys, we regularly meet with potential clients who have been seriously injured in a car wreck. Often their stories about their accident and resulting injuries are heartbreaking — particularly when the driver who hit them has little or no insurance.
Share This Page:
It costs you nothing for our firm to represent you. We only get paid when you do. Learn more
Prevention, empathy, and diligence are hallmarks of everything we do at GibsonSingleton Virginia Injury Attorneys. Our community can see these ideals lived out in our work to prevent personal injuries from happening.
- Safety Education
GibsonSingleton launches a “Texts=Wrecks” campaign to reduce the number of people injured or killed by distracted drivers.
- Annual Coat Drive
During the fall, our team works to distribute coats to people in need in our community.
- Hands-on Service
John and Ken join the Gloucester Point Rotary Club in cleaning up the community.
- Supporting Local Schools
The Gibson family participates in Gloucester’s Botetourt Elementary Shuffle fundraiser.