One of the less talked about topics in insurance cases or motor vehicle accidents is the relationship between the insured and their insurance company. Specifically, there’s a conflict of interest between an insured and an insurance company.

For example, if you are involved in a car accident and you file a claim with the insurance company, for that other driver it’s in the insurance company’s best interest to not pay you any money at all because they want to keep as much money as they can. However, it is in the best interest of the insured for insurance companies to pay you whatever you are justly due for your injuries or other damages that you may have incurred.

There’s really two good reasons for this. One, it’s the right thing to do. Most people have the right intention in mind as far as paying back something that they cause. The other part of it is they don’t want to be held personally responsible for any damages that they caused you because the way the laws in the state of texas are written is that the insurance company has to negotiate a settlement in good faith. If they fail to do that in good faith, the case could potentially end up in front of a jury in which you are able to get damages awarded more than what that insurance policy amount is. And, the other insured driver who caused those damages will have to pay that money out of their own pocket.

Our law firm has a lot of experience in exploiting that conflict of interest to make sure that our clients are justly compensated for any injuries that they’ve sustained.

If you or someone you know has been involved in a car accident and you’d like to know more about this and about how we can help you, please contact our office.