COVID-19 has resulted in health scares, financial stress, food shortages, and many other stressors and challenges to daily living. Surprisingly, though, it has also resulted in one benefit for many: car insurance refunds. The reason for the refunds is simple: with shelter-at-home orders in place nationwide, there are fewer drivers on the roads, fewer car crashes as a result, and fewer insurance claims as a result of that.
That’s A Lot of Dough
In other words, while many people are out of work or working under reduced pay, auto insurance companies are rolling in the extra dough right now – to the tune of Two BILLION (that’s with a B!) dollars being refunded to customers by one insurance company, $600 Million by another insurance company, $520 Million by a third, and a “mere” $250 Million by a fourth. If my math is correct (and it’s hard to tell at numbers this high!) that’s almost 3.4 BILLION dollars that just four of the top insurance companies are giving back to customers, and folks, there are a lot more than just four auto insurance companies out there. Hopefully, you are one of the lucky customers that benefits from these refunds. Whether you are or not, you may still be able to tap even further into this excess cash before it disappears.
The Time Is NOW!
With insurance companies working to offload their millions and billions of dollars in surplus cash (terrible problem to have, spoken ironically), NOW is the time to get your personal injury claims settled. You know, STRIKE WHILE THE IRON IS HOT. Contact our office today at (304) 845-9750 for a free consultation. As a personal injury attorney who talks with insurance adjusters on an almost daily basis, I can tell you from my professional experience that the iron is indeed hot right now. In fact, I had an insurance adjuster tell me just this past week that she has been instructed by her supervisor at the insurance company to get as many claims as possible settled right now. What she said is exactly what I’ve been seeing with other adjusters as well, with my phone and email lit up by insurance adjusters wanting to….you guessed it, settle claims right now.
Why? Because the insurance companies have excess cash on hand to pay. They want to resolve as many claims as they can right now while the money is there. Normally, an adjuster wanting to resolve a claim so quickly would give me pause – but the bulk of the offers I have received since the shelter-at-home orders went into effect have been for full or more value on the claim.
In other words, many insurance companies want to resolve your personal injury claims right now and want to get you paid before the well dries up.
Teena Miller, Truck Accident Attorney
What that means is, that if you or a family member has been injured in a car accident in the past two years, do not wait to pursue your claim until the shelter-at-home orders are lifted. Many, if not all, insurance companies are still operating, with employees working from home. My office is still open and operating as well, with attorneys and staff working from home and, on a limited basis, in the office, communicating via phone or email with clients and insurance adjusters. We are actively pursuing, opening, handling, and SETTLING personal injury claims despite operational shut-downs elsewhere.
We Can Help
Call Today (304) 845-9750
The iron is hot, Ohio Valley. Now is the time to strike. Now is the time to speak with a GKT attorney, push your claim for full value, and get your claim resolved. If you’ve been handling a personal injury claim on your own or even if you aren’t sure you want to pursue a claim or retain an attorney, give us a call at and speak to us free of charge. We can review and evaluate your claim to make sure you receive the full value you deserve and explain how we might be able to maximize the amount of money you receive.
There is no doubt that COVID-19 has left and still continues to leave a lasting impact on all of us. While many of the effects are harsh, some – like extra family time and more time for home-cooked meals – have been welcoming. Other benefits – like refunded auto insurance premiums – have been pleasantly surprising. Take advantage of these benefits because once the stay-at-home orders are lifted, we may not get these opportunities back. The iron is hot. Call GKT today at (304) 845-9750 so we can help you strike now!