Things to Know About Insurance Companies

When you’re injured by a careless driver, you may be concerned about how you’ll pay for recovery. No one wants to pay out of pocket for an injury, but that’s especially true when someone else caused the accident.

Your insurance company may seem like a good starting point for your claim, but there are things you need to know about insurance companies. If you’ve been injured in a car accident and need compensation, reach out for guidance from the lawyers at Greenstein & Milbauer, LLP about New York City car accidents and how to get fairly compensated by an insurance company.

New York’s No-Fault Insurance Law

In theory, getting compensated in New York City should be easy for many drivers. All drivers are required to carry personal injury protection, or PIP, insurance. This insurance policy covers your losses no matter who’s at fault.

Let’s say you were in a car accident, and you were both partly at fault. In most claims, that doesn’t matter; your insurance company should simply cover the costs of your car repairs and your medical bills.

But that doesn’t mean there aren’t exceptions. For example, you may have suffered a serious injury, and your insurance won’t cover your losses. In other cases, your insurance company may not be willing to compensate you.

Insurance Companies Aren’t Always Helpful

Unfortunately, the insurance company isn’t on your side—it’s on its own side. Insurance companies are for-profit businesses, and that means it’s not in their best interests to pay out for your claim. That’s especially true if you’re dealing with a high-dollar claim for severe injuries and a totaled car.

You need to be prepared with a car accident lawyer. Your lawyer can help you seek out the compensation the company tried to withhold by writing a demand letter. If they refuse to respond, you can take your claim to court within three years. That means you can spend more time focusing on your recovery, not on a complex accident claim.

Get Help Dealing with NYC Insurance Companies

If you’re hurt and your insurance company won’t help, you’re not out of options. Your lawyer from Greenstein & Milbauer, LLP can help you when you need to know more about insurance companies and how to fight back when they refuse to help you. If you’re struggling to get compensated, reach out for a free consultation by calling 1-800-VICTIM2 (842-8462) or by filling out the online contact form below.

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