Consumer ALERT!!!

Consumer ALERT!!!

Got an older car with lots of miles?

Auto accidents and insurance coverage“Full coverage” insurance may not give you the protection you think it does. Illinois law requires you to carry liability insurance of at least $20,000.00. But many people think that if they get “full coverage” insurance, and their car is damaged by another person’s negligence, then they will get their car repaired and back on the road thanks to that insurance. Not so fast. Some insurance companies don’t bother telling you when you sign up for “full coverage” with an older car that they have the option to just “total” your car out, or in other words, because your car’s value is less then the cost it would take to repair it, they just write you a check for the value. Of course, how much the car is worth depends on who you ask. Insurance companies frequently want to value the car on the low side, but you have to especially watch out for the companies that point to pre-existing damage on the car and deduct that from the car’s value, thus decreasing the size of the check you get. It is not uncommon to find a person paying a lot more money every year for “full coverage” to only get a check for $500.00 when their otherwise dependable older car is totaled by some careless driver. These folks pay thousands more over the life of their car without getting any practical value.

What’s the alternative?

So what should you do if you have an older car but you still want protection against high medical bills in the event someone without insurance hits you? Explore the option of getting only “liability” insurance in addition to a higher limit on your medical payment coverage. This way, you can be guarded against high medical bills without spending extra money on the illusion of “full coverage.”


What You Should Know About Recorded Statements

What You Should Know About Recorded Statements

You get hurt in a car crash and the insurance company for the at-fault driver calls you and wants you to give a recorded statement, what should you do?

The safe bet is to talk with an experienced personal injury attorney before giving a recorded statement to the at-fault insurance company. The reason for this is because the goal of many insurance adjusters is to pay as little as possible for the wrongful actions of their insured river. With that goal in mind, they will try and manipulate you into saying things that they can use against you. Sometimes they will ask questions that are worded in such a way as to encourage answers that they can use as a basis for saying that the automobile accident was actually your fault.  Other times, they will ask loaded questions for which there simply aren’t any good answers.

At the Beard Law Firm, our attorneys give you an idea of the types of questions to watch out for and we sit in on the statement with you. If we see the adjuster trying to play any games or twist your words during the recording, we step in and expose their tactics during the recording and turn the tables on them.  We also require a transcript of the recorded statement as a pre-condition to participation.

You might think that this approach is not necessary in your case because it is clear that the other driver was at fault. Over the years, the Beard Law Firm has seen countless car crash cases where liability was clear, but the unscrupulous insurance adjuster takes an unreasonable position based on a misinterpreted statement from a recording that they took before the Beard Law Firm was hired. Usually, the Beard Law Firm can force the insurance company to back away from an unreasonable position, but the delay can often be economically painful for the injured person who needs his or her totaled car replaced.

If you have any questions, give the Beard Law Firm a call!

Call the Beard Law Firm toll-free NOW!