After being a Texas car accident lawyer for almost 40 years, I know that one of the first questions my new clients will ask is how easy or hard it is going to be to get a good settlement. This can be a difficult process and I never cease to be amazed at the tricks insurance adjusters and attorneys from the worst auto insurance companies play. While the insurance industry takes in a stunning one trillion dollars a year in premiums, adjusters often refuse to pay reasonable compensation. But some companies are worse than others. While this is a hard category to judge, here are three lists that name the most egregious offenders.
Worst insurance companies for car and truck collisions:
The American Association for Justice (the nation’s largest group of plaintiff’s attorneys) listed the following (health and disability insurance companies are omitted):
The chances are very high that if you have been involved in a car accident in North Texas, it was caused by a driver who is insured with Allstate so I will focus on them. Don’t get your hopes up if you are hit by an Allstate insured though. You are not in good hands, despite what the company would have you believe in their advertising (that is only what it claims will happen if you are their policyholder). When their insured driver crashes into you, their claims representatives can be nitpicking. arrogant, and cheap. Offers are often only one-half of what I estimate I can get from a jury. In my experience, you will usually have to file a lawsuit if you expect to get paid a reasonable amount of money.
Our law firm battles Allstate on a regular basis, as it is the second largest auto liability insurer in Texas. Only State Farm is larger. Allstate has 16 million customers worldwide, owns other companies including Esurance and Encompass, and is traded on the New York Stock Exchange. In Texas, it has 13 different companies registered with the Department of Insurance and any one of eight can be involved in a car or truck crash case. One company alone has a value of $48 billion. With that economic weight, it is used to bullying claimants around and getting what it wants.
We have a good track record of getting good results against them. Today for example, we were able to get them to pay our client his entire underinsured motorist benefits from them after he had already received a driver’s entire insurance policy amount in a hotly disputed case involving an 18-wheeler. He was very happy with the settlement on the first part of his case and very generously wrote this review:
“These guys are great. They’re very transparent and very aggressive. I hope I never need a personal injury lawyer again, but if I did, I’d go back to Mr. Berenson.”