Insurance Companies poised to fight harder as car crashes are up 47%
In a recent update a large Illinois based insurance company reported that auto claims are up 47% when
comparing April through June 2021 vs. April through June 2020. This insurance company publicly said
that they plan to raise rates and “counteract rising severity” of car crashes, they are going to use
“advanced claim capabilities”.
What this means is that insurance companies are going to fight harder when you are injured in a car accident.
To counteract rising severity, we are leveraging advanced claim capabilities, predictive modeling, advanced photo and video utilization and deep expertise in repair process management...
Mario Rizzo -- Executive Vice President and Chief Financial Officer
The Only Way That Insurance Companies Make Money Is When They Delay And Deny Your Claim.
By publicly coming out with this information big insurance companies are justifying their 11% loss in
profit and stock prices reducing by 3% on this news. It is a notice to their attorneys and adjusters to
begin to fight more aggressively.
If you have been injured in a car crash and are dealing with an adjuster, the scales are tipped in the
insurance companies favor. Adjusters are trained to save the company money, it is all they do,
everyday.
You need an advocate. You need someone on your side who knows the tactics and “advanced claim
capacities” to make sure that you are not short changed.
You need Cronauer Law.
We have been dealing with insurance companies like Allstate, State Farm, Geico, Progressive, Liberty
Mutual, Farmers, Nationwide, American Family, Travelers, and many others for years. When you are
injured, they are not your neighbor, don’t want to save you from mayhem, and are not on your side.
Contact us today because you need a real attorney, who will get you real results. That’s Cronauer Law.