If you are a member of Allstate, you may believe that you are protected by one of the nation’s largest insurance companies. After all, their slogan promises: “You are in good hands with Allstate”. Yet after a tragic accident, nothing could be farther from the truth. Allstate’s policy is to protect their shareholders—not their policyholders and they go to extraordinary lengths to do so.
Insurance companies like Allstate are a business—and like all businesses, they are in business to make money. The American Association of Justice once ranked Allstate as the worst insurance company in America because of their continued engagement in bad faith practices. Even Allstate’s former CEO, Thomas Wilson, admitted that they gave awards to insurance claims adjusters who could deny the most claims in a month. They even held document-shredding parties.
In recent years, Allstate has been the subject of some serious investigations by the National Association of Insurance Commissioners for the use of a software program called Colossus. This software program improperly calculated thousands of settlement claims and resulted in Allstate being forced to pay a $10 million regulatory settlement.
If you are not one of Allstate’s members, you may be feeling pretty relieved right now. Unfortunately, Allstate is just one of many insurance companies who routinely engages in bad faith practices. Insurance giants, such as State Farm and Progressive also have been in hot water lately due to insurance disputes and unfair claims practices.
Before you speak to an insurance adjuster after an accident, it is important to understand why these companies are not on your side. This way you can avoid being taken advantage of by the insurance companies and you can recognize devious, bad faith practices when they begin.
Contact Pueblo Car Accident Attorney Smith & Smith Today!
When an insurance company is treating you unfairly, you need an experienced and skilled Pueblo personal injury attorney on your side to fight for your rights. Your attorney will stand up to the large insurance companies and expose their bad faith tactics.
Call Pueblo Personal Injury Attorney Smith & Smith today for a free consultation at (719) 544-0062.
Attorneys at Smith & Smith serves clients in Pueblo, Pueblo West, Penrose, Florence, Salt Creek, Avondale, Boone, Canon City, Colorado City, Swallows, and Fort Carson.