In this video, accident attorney Randy Sevenish reveals Secret #4 about insurance companies: Insurance companies want to settle with you quickly before you speak to an attorney. Why do you think that is? They dangle the carrot in front of you because they assume you are not too bright and because most people bite at the carrot. If you accept the settlement offered before you know your total expenses, you waive the opportunity to require the wrongful driver to make a financial contribution. The law says that if you accept the wrongdoer's liability limits first, before seeking permission from your own insurance company, you have waived your rights.
