Like all insurance companies, State Farm will seek to pay you least amount of money for your auto accident. State Farm utilizes a practice known as “Deny, Delay, Defend” when dealing with “low impact” or low value claims. State Farm often vigorously defends even the smallest of claims and postures as if it is willing to go to trial over these “low impact” claims. Initial settlements offered to victims by State Farm are often many times smaller than what State Farm will ultimately pay out at or near the time of a trial.
State Farm insurance claims often are delegated to teams of adjusters. State Farm teams 21 and 22 handle the auto accident claims in the northern Virginia, Maryland, and Washington, D.C. area. If you have your claim relegated to either State Farm team 21 or 22, this can be a signal that your claim has been given a low priority and unlikely to produce a fair settlement offer.
Adjusters at State Farm team 21 and 22 are typically given little room to negotiate settlements. If your claim is assigned to either State Farm team 21 or 22, your settlement offer may be less than fair value. By filing a lawsuit, your claim may be transferred from a low priority adjustment team to a single claims adjuster who is more likely to increase your settlement offer.
Adjusters at State Farm use a system called TEACH to assist in calculating the payout they are willing to offer auto accident victims hurt by the drivers State Farm insures. TEACH is well known to calculate settlement offers well below fair market value. Because State Farm’s computer system may undervalue claims, it may be necessary to file a lawsuit to get the fair value of damages. By retaining legal counsel, you can take steps to ensure you are not left paying outrageous medical bills for an injury someone else caused.
State Farm’s adjusters calculate claims based on a number of factors, including:
State Farm adjusters will further calculate settlement offers by taking into account pain and suffering and any lost wages. While settlement offers vary from adjuster to adjuster, initial settlements from State Farm are notorious for being inadequate enough to cover all damages incurred by the victim.
Hiring a personal injury attorney can help you maximize your settlement from a company like State Farm. As claims work their way through the litigation process, State Farm will have your claim handled by their in house attorneys. State Farm’s attorneys may be more willing to negotiate a more fair settlement as the facts of the case became clear and liability more defined.
State Farm is a large, powerful insurance company that is not afraid to go to trial, even large and catastrophic auto injury claims. The Cochran Firm, D.C. has a team of dedicated and seasoned personal injury attorney with years of experience dealing with insurance companies like State Farm. Our attorneys are willing to go toe to toe with State Farm and take your case all the way to trial if necessary to secure you the compensation you deserve.
If you or a loved one were severely injured by a driver insured by State Farm, The Cochran Firm, D.C. can help you maximize your settlement. Our attorneys will help you secure the fair value of compensation for your hospital bills, medical expenses, pain and suffering, lost wages, and other damages.
We offer free, prompt, and confidential case reviews and since we represent our clients on a contingency basis there are absolutely no legal fees unless we win your case or secure a settlement. Call us at 202-682-5800 or fill out a contact form on our website. Strict time deadlines apply when filing an injury claim so please contact us at your earliest convenience in order to secure your rights.