Tips on How to Take Legal Action Against Safeco Insurance
The business premise of insurance companies is one where you pay a certain amount of money on a regular basis so that you are covered or financially taken care of when you’re injured, fall sick or experience property damage. While this seems pretty straightforward, insurance companies are not. They are known to play cat and mouse games with their clients in order to pay the smallest amount that is legally acceptable to retain their astronomical profits. One such purveyor of this unbridled greed is Safeco Insurance, an insurance company that makes over $500 million in profits on a year-to-year basis.
Do you have a claim against Safeco Insurance that was denied? Don’t think of negotiating with adjusters who know all the tricks in the book to get you to accept a low offer. Get in touch with our Chicago, Illinois insurance claim attorneys today at (773) 673-9861 to learn more about what we can do to get you the full value of your claim within the shortest amount of time possible.
Safeco Insurance History
Safeco as a company was established in 1923 as General Insurance Company of America, originally situated in Seattle. People knew it informally as “The General” for close to 30 years before it rebranded itself as SAFECO, or Selective Auto and Fire Insurance Company of America. The company experienced severe losses in the 90’s but soon recovered at the turn of the century due to an overhaul in its pricing, underwriting regulations as well as the extensive use of automated technology and software.
How Safeco Takes Advantage of You
Safeco as a company has been known to take advantage of unsophisticated claimants. If this is your first time taking out home, auto, unbrella or any other form of insurance with them, they will pull out all the stops to convince you that your claim isn’t congruent with what you’re really asking for in the event that you experience a loss or injury. They will employ the delay, deny and distract techniques in an attempt to have you run out of patience so you’re ripe for the picking when they finally present you with a paltry payout, usually done at the 11th hour.
Safeco has been known to:
- Take months to finally pay their claimants
- Refuse paying valid invoices written by body shops
- Provide claimants with difficult-to-read documentation mired in legalese
- Blame claimants for their accident
- Send claimants from one department to the next to exhaust your patience.
It Doesn’t Stop There
Safeco insurance will even go as far as looking into your medical history so they can highlight something that they think predisposed you to your injuries. They may also create an atmosphere of urgency moments after your accident so they can get you to sign documents when you’re mentally out of it just so they can lock you out of seeking legal advice, and may secretly record your phone calls in order to catch you admitting to something that may be construed to mean that you had a part to play in your accident.
Legal Help Against Safeco Insurance
Here’s how to deal with Safeco Insurance – DON’T. It is unwise to even think of speaking with their agents because their priority is to minimize or nullify your claim. Instead, get in touch with our Illinois Safeco insurance attorneys at (773) 673-9861 for more information on the next steps to take to ensure that you get maximum compensation out of your claim. Give us a call today, and let us help you fight Safeco with our legal expertise and experience. Thanks, and we look forward to hearing from you.