Travelers Insurance ranks as the 10th largest car insurance company in the United States, holding the trust of hundreds of thousands of policyholders to honor their policies. Yet, Travelers Insurance has not lived up to that trust and has been exposed by the claims and lawsuits filed by parties injured or damaged by the company’s policyholders.
The personal injury attorneys at Rosenfeld Injury Lawyers LLC have resolved hundreds of Illinois personal injury cases and auto accident claims on behalf of innocent victims hurt by Travelers Insurance policyholders’ negligent actions.
We encourage you to contact our car accident lawyers today for a free, no-obligation case evaluation of your car insurance claims by completing the online intake form or calling us at (888) 424-5757.
Travelers: A Leading Individual and Commercial Insurance Company
Travelers are the largest insurance company in the US by value, with offices worldwide, generating tens of billions of dollars in revenue annually. The company employs thousands of workers and insurance agents and offers numerous products and services that include:
- Personal: For the everyday insurance consumer, Travelers Insurance offers multiple insurance products for their car, home, personal property, and other items.
- Business: Travelers Insurance offers numerous products for businesses, including property insurance, workers’ compensation insurance, and casualty insurance.
- Specialty: Travelers Insurance provides highly specialized products for financial companies and processes, including underwriting.
Negotiating A Travelers Insurance Injury Settlement After a Chicago Car Accident Claim
While many car accident victims accept settlement offers out of court and conduct their negotiations with the Travelers Insurance Company or their claims adjusters, the process remains daunting.
Many studies show that without a lawyer, an accident victim is usually disadvantaged against insurance companies with years of experience negotiating meager settlement amounts.
Some insurance claims adjusters will offer an initial low amount in a settlement offer to the Travelers insurance claim. It is important to remember that all insurance companies, including Travelers, are more interested in satisfying their shareholders’ financial needs than policyholders and injured victims.
Speaking to an insurance agent may weaken your claim, and therefore hire a personal injury lawyer specializing in personal injury claims to conduct all correspondence.
Travelers Insurance Investigation Process For A Car Insurance Claim
Before Travelers Insurance offers you a settlement or negotiates the settlement process, they will conduct a comprehensive investigation into the accident to determine what happened, who is at fault, and the extent of punitive damages, including personal injury or wrongful death.
The Travelers insurance adjuster will gather evidence and try to obtain testimony from various sources, including:
- The police report filed by law enforcement from information collected at the scene of the accident,
- Statements obtained from each driver, all passengers, and witnesses at the scene,
- Photographic evidence and measurements of the accident scene,
- Obtaining numerous repair estimates on the extent of property damage
- Any information provided by you through a written or oral statement
You will be asked to sign a medical authorization release form by the claims adjuster along with an employee records release form. However, our car accident lawyers advise our clients never to sign anything or speak about the accident or injury sustained through a document or oral testimony without a lawyer who can protect their rights.
While the insurance claims adjusters might suggest that they need this information, they often use what you provide to diminish the value of your case or deny your Travelers insurance claim outright, especially if it is a high-value claim.
Instead, consider hiring lawyers to handle your case, speak to Travelers insurance adjuster, consult with the defendant’s lawyers and present your statement or testimony in a way that safeguards your rights to seek and obtain financial compensation to recover your damages.
In some cases, the insurance company will hire investigators in the hope of discrediting the severity of your injuries. Their findings might help minimize their payouts to settle your insurance claim and hold on to their profits at your expense.
A lawyer can evaluate your medical conditions and present them to the insurance company in a legally protected way.
Resolving Your Travelers Auto Case With Legal Representation
The easiest way to successfully resolve your claim and ensure your family receives adequate compensation is to hire a reputable law firm’s legal representation. Lawyers working on your behalf can ensure you are not taken advantage of by the insurance company or the claims adjuster, who might misconstrue what you say while building a case against you.
Moreover, an attorney can ensure that your settlement is not delayed or your claim denied without cause by the insurance adjuster. Our attorneys suggest you obtain legal advice and counsel at once after your motor auto accident before the claims adjuster calls asking for information.
Using an attorney can help you avoid many of the pitfalls used by insurance agents who protect their shareholders’ best interests. A lawyer can ensure that you receive proper compensation for your property damage, medical treatment, and lost wages in your claim.
Getting Justice for Your Illinois Car Accident Injury Claim With Travelers Insurance
Filing and resolving a compensation claim through Traveler’s insurance agents can be overwhelming. The Illinois civil tort law requires plaintiffs (victims) to prove how others are legally responsible and financially accountable for their damages.
As the accident victim, you must show that others’ intentional actions or negligence led to your severe injury or the wrongful death of a loved one. However, lawyers at our law firm can assist you with your claim and can offer a free case evaluation.
Travelers Insurance Car Accident Injury FAQs
Below are some frequently asked questions about auto injury claims with Travelers Insurance. For any additional questions regarding an accident claim, contact our Chicago car accident attorneys for a free consultation regarding your lawsuit and legal options.
How Much Does Your Car Insurance Increase After An Accident With Travelers?
Minor accidents usually settle for $2000 or more in property damage on average, depending on policy limits. Minor crashes can increase Travelers’ Insurance premiums by more than $450 annually.
What is the Average Settlement for a Car Accident With Injuries?
Major car accidents where victims suffer serious injury typically resolve for about $352,000 or less. Vehicle collisions with moderate injuries tend to settle for $152,000 or less.
With a serious injury or wrongful death claim, the settlement amount is typically around $750,000, and a claim involving extreme permanent or temporary injuries can settle for approximately $1.9 million or less.
Does Health Insurance pay for Auto Injuries?
Most health insurance policies will provide immediate medical care coverage to a car accident victim. However, medical care is not always paid for by the health insurer when other insurance policies are involved.
Your healthcare insurer might seek compensation from the negligent driver’s insurance company after they pay your bills, at least up to the policy limits. Your insurer might still cover you should an underinsured or uninsured motorist injure you.
How do Insurance Companies Determine a Car’s Value When Totaled?
Nearly all policies that cover car and truck accidents use actual cash value (ACV) to pay the victim’s vehicle totaled in an accident. The settlement amount is based on the cost of replacing the victim’s exact car based on its mileage, age, and condition before the crash.
If you are responsible for causing the collision, your insurer will require that you pay your deductible as a part of the collision insurance coverage.
Who Pays For Medical Bills In A Car Accident?
The liability of who pays for medical bills in insurance claims can be complicated in accidents with multiple drivers at fault for the collision. All victims with psychological, emotional, or physical damage can claim compensation against all drivers at fault for the collision.
However, the other driver in the car accident will not pay the medical bills. Their policy limits will cover all pertinent damages up to the policy limit.
Hiring an Illinois Travelers Auto Injury Claims Lawyer
The Chicago car accident lawyers at Rosenfeld Injury Lawyers LLC (888-424-5757) provide victims with legal assistance in resolving insurance claims for compensation against Travelers.
Our legal team can determine the actual worth of the car accident claim, gather evidence, and ensure all available financial compensation under the insurance policy is paid out.
Each lawyer at our law firm will provide clients with a “No Win/No-Fee” Guarantee. This promise means that you owe us nothing if we are unsuccessful at securing compensation on your behalf.
Contact our experienced Chicago law firm today at (888) 424-5757 (toll-free phone call) or through the contact form to schedule a free consultation. All discussions with our personal injury lawyers remain confidential through an attorney-client relationship.