How to File a Car Accident Claim with Farmers Insurance
Farmers Insurance is one of the largest insurance providers in the country. They often rank in the top three insurance companies in the United States. Headquartered in Los Angeles, Farmers Insurance was founded in 1928. Today they have more than 48,000 agents who represent their insurance products. Today, Farmers Insurance Group is a subsidiary of Zurich Insurance Group. In addition to automobile insurance, Farmers Insurance also provides home, life, business, and recreational vehicle insurance policies.
How Farmers Determines Claim Settlements
Farmers Insurance is one of several large insurance companies, including Allstate, which utilizes a software program called “Colossus” to help determine claim settlement payouts. The software uses similar circumstances to in-part, provide recommended settlements. The Colossus software program reviews more than 10,000 data points from medical records but focuses on four major ones, including:
- The injury and related details;
- Permanent impairment rating;
- Duties under duress;
- Loss of enjoyment of life
The problem is that the program does not take your individual factors into as much consideration, and it almost always works in favor of the insurance company. In other words, it does not allow for enough money to adequately cover your car accident claim.
While the company says that claim adjusters are allowed to have their own input into the settlement, in most cases, it seems as though they only follow the guidelines of the software program. If they deviate too often they may not be able to meet their projected profits. This creates a problem for average customers who do not realize that they are being provided with a settlement that is too low.
Making a Farmers Insurance Claim
Farmers Insurance was rated one of the 10 worst insurance companies in a report published by the American Association for Justice (AAJ). The company has been found to try to offer low settlements and has even offered incentives for adjusters who are able to meet low payment goals. What this means to a consumer like you is that you may not be treated fairly after an accident and you could end up with less than what you deserve.
Other customers have also chimed in to talk about poor service, denied claims, and settlements that were too low. They felt there was nothing they could do at the time. However, there is something you can do if you do not want to take a low settlement. Do not accept a settlement check until you first speak with an attorney. Your lawyer will review the details of your claim and help you resolve it in a more favorable manner. Once you cash the settlement check, there may be little or nothing that you can do.
You can file a Farmers Insurance claim by calling 1-800-435-7764 or online. To get the best results from your claim, it is helpful to talk to an attorney before you even file a claim or talk to your insurance company. We can help negotiate a fair settlement. If you have already talked to the insurance company, do not worry. We will still be able to help you with your claim. We have resolved thousands of insurance claims for our clients.
Contact the experienced car accident attorneys at Michael P. Fleming & Associates, P.C. today 713-221-6800 to request a free consultation.