Chicago Car Accident Attorneys for Injury Claims and Litigation With Farmers Insurance
Rosenfeld Injury Lawyers helps individuals and families get the compensation they are entitled to related to Chicago car accident injuries. Our team of Illinois auto accident lawyers is familiar all aspects of car accident litigation in Illinois. The experience we have with auto injury cases ensures that the value of your case is maximized. To discuss a Farmer's car accident claim, contact our office for a free case review.
Farmers Insurance is one of the most storied and successful American companies in history. Rising on the west coast, Los Angeles specifically, it has ascended to become one of the country’s largest insurance providers. In the late 1990s, after its acquisition by Zurich Financial Services, Farmers become one of the top five leading insurers in the United States with international recognition thanks to its new parent. Now, with tens of thousands of employees and exclusive, dedicated agents, it stands poised to continue growing at an expeditious pace.
Well known for its automobile insurance coverage, since its founding over 70 years ago, Farmers has expanded its lines of insurance to include a whole range of products and services. Here is a brief overview of them:
- Automobile: Farmers Insurance offers competitive coverage for collision, damages, medical bills, and uninsured parties related to cars, trucks, motorcycles, and other vehicular accidents.
- Abode: Farmers protects where you live and the things you have in it with home and renters insurance.
- Life: In a time of need following the passing of a loved one, Farmers offers temporary coverage to pay bills and bridge the gap to better times.
- Financial: Farmers provides small and medium sized business with insurance for a variety of things including property and workers compensation claims. Additionally, for the advanced customers, they offer mutual fund and annuity services.
The rapid growth and size of Farmers Insurance, especially following its acquisition by Zurich, has exposed it to litigation on many fronts. What follows is a review of its cases over the last ten years (since 2005) at the national and Illinois levels.
An Analysis of Jury Verdicts and Settlements Involving Farmers Insurance
Looking first at the national level, results follow a typical bell-curve pattern associated with litigation against many other insurance providers. Across all categories of cases (insurance, employment, products liability, etc.), nearly a third (32%) of all plaintiffs struck out in the courtroom and settlement room-they got nothing. Almost another forty percent (40%) of them received sums under one hundred thousand dollars ($100,00.00).
This left a small amount of people that recovered anything beyond that level -29%-and an even smaller number than that received anything over one million dollars (9%). Separating insurance cases from this pack-because they account for nearly half of all litigation-results are grimmer to future plaintiffs. Two thirds of all plaintiffs received nothing or something under one hundred thousand dollars ($100,000.00).
Finally, results stayed close to this norm for automobile cases which also accounted for a large percentage of Farmers’ overall caseload. For those plaintiffs receiving nothing, something under one hundred thousand dollars ($100,000.00) or something over one hundred thousand dollars ($100,000.00), those numbers were, respectively, thirty-four percent (34%), forty-one percent (41%), and thirty-three percent (33%). Thus, a review of all cases against Farmers Insurance over the last ten years (since 2005) illustrates that plaintiffs had less success in insurance or automobile litigation than those in other categories.
In Illinois, plaintiffs were even less successful in achieving significant jury awards or settlement amounts from Farmers Insurance than those around the rest of the country. Eighty percent (80%) of all plaintiffs in Illinois received either nothing or only a small return (under $100,000.00) over the last ten years. In insurance litigation, plaintiffs were less successful in recovering over one hundred thousand dollars ($100,000.00) than their counterparts in other states: those counterparts received over that amount at a rate almost ten percent (10%) better than those in Illinois.
Unfortunately, results were the bleakest in Illinois for automobile cases because approximately ninety percent (90%) gained less than one hundred thousand dollars ($100,000.00) or nothing at all. Only eleven percent (11%) recovered over that amount and none recovered over one million dollars (1,000,000.00). Interestingly, unlike with many other insurance providers, Illinois was sparingly chosen as the choice of venue.
Filing an Accident Claim With Farmers Insurance for an Injury in a Chicago Car Accident
After an auto accident, it is critical to begin the claims process with Farmers Insurance quickly and efficiently. Having all of the facts accurately and comprehensively on hand is important. You can login to their website and submit all of the information at http://www.farmers.com/claims/. Alternatively, you can call them at 1-800-435-7764 to discuss what happened. After filing the claim, Farmers will initiate the process and that typically includes investigation, review, and claims judgments.
At all times during this process, it is vital to have effective legal counsel at your side. Remember, Farmers is not on your side. Like all corporations, their motive is profit and not justice. Recently, they have come under fire for motivating and encouraging employees to find ways to lower claim amounts offered to victims. This is unacceptable. However, one bright spot is the computer program they use to analyze and calculate claim awards for injuries, known as Colossus. It is an objective process which often times gives higher amounts to policyholders than they typically receive in court or from other providers. Also, like any number, it can be scrutinized with proper legal advocacy. Do not wait-call us now to hear about how we can help you in your claims process or lawsuit against Farmers Insurance.
Chicago Car Lawyers Who Represent Your Interests-- Never Farmers Insurance
Rosenfeld Injury Lawyers is Proud to be the law firm chosen by many individuals and families who have suffered an injury or loss due to a Chicago car accident with an individual or company insured by Farmers Insurance. Our team of attorneys, paralegals, accident investigators and nurses works with the singular goal in mind-- to maximize your recovery. If you were in an accident with a Farmers insured or already have a claim started, contact our team today to ensure you get the maximum compensation that you are entitled to.