According to an article published in the "The New Mexico Trial Lawyer" Allstate Insurance Company devised a plan to increase its profits at the expense of its policyholders and those injured by Allstate insureds. The article entitled "False Promises — Allstate, McKinsey and the Zero Sum Game" by David J. Berardinelli describes how Allstate discovered that it can significantly increase its profits by attacking small claims which are far more numerous than large ones.

According to documents uncovered from Allstate, adjusters are instructed to attack these claims with "boxing gloves" rather than the "good hands" they advertise. Unfortunately Allstate can get away with this underhanded strategy because most states do not have any statutes that permit policyholders and claimants to demand binding arbitration. Perhaps you are not always "in good hands with Allstate." A number of our Orlando clients have expressed utter dismay in the manner in which insurance adjusters handled their car accident claims. We must inform these clients of the sad truth that insurance companies have always understood the "value of a dollar." This is especially the case when it comes to property damage claims.

Let's assume you are involved in a car collision, your car is damaged beyond repair and you just want the fair value of your car. After some haggling, the insurance company adjuster arrives at a figure $25 less than what you determined is fair. You decide, like most people, that it is not worth more aggravation over "just $25" and you settle your claim.

Well, you may be out just $25, but to a large insurance company like Allstate or State Farm or Progressive, the difference is not just $25. No, the difference to a company that will handle one million property damage claims nationwide is a savings of $25 million.

We are obviously troubled when insurance companies refuse to treat people fairly and we have "Gone to War" many times against these giants. We regret to report that there has been little change in the way insurance companies do business. As evidence, a class-acton lawsuit brought against numerous insurers recently settled for approximately $92 Million. The claims, you guessed it, involved the failure of the insurance companies to pay fair market value for vehicles wrecked beyond repair.

You deserve to be treated fairly. If you feel as though you are being taken advantage of, BEFORE you sign anything, get a professional opinion. Contact us online or call us at 407-244-1212 or Toll Free at 800-381-8299 to set up a FREE consultation to discuss your legal options.