An Example of Insurance Company Tactics – Tackling ColossusLeave a Comment
At Shefman Law, home of Austin personal injury motorcycle accident attorneys, we constantly see insurance companies attempting to utilize psychological games to get clients to accept settlements. One thing that differentiates Shefman Law from other motorcycle accident lawyers is that we’re experienced personal injury trial attorneys, and we’re always prepared to take your case as far as we have to in order to ensure fair compensation for your injury. When we saw a recent attempt by an insurance company to encourage a victim of injury to settle using a dubious technique we’ve come to recognize, we knew we had to bring attention to it. This is the story of Colossus, and how insurance companies use it to get victims to settle their claims.
What Is Colossus?
Often times when a victim has been involved in a motorcycle crash and has sustained injuries, they will receive a letter from the insurance company that is managing their claim. As motorcycle accident attorneys, we constantly see letters stating something along these lines: “We’re writing you to let you know that among other tools, our computer program Colossus, which is a sophisticated program that calculates claims to an incredibly accurate level, has made a recommendation as to the value of your injury.”
Colossus is a program that came about in the 1990’s, and is used by most major insurance companies. Essentially, it standardizes the claims process in order to expedite settlement while often reducing the payout made for an injury. The letter mentioned above typically goes on to give a litany of reasons why Colossus is as precise as possible, and furthermore why its deliberation is a fair representation of the value of your claim.
Any experienced motorcycle injury lawyer will tell you to take this information with a grain of salt, and there’s a good reason for that. When you’ve been involved in a motorcycle accident that has resulted in significant injuries, the insurance company that is handling your claim is in the business of preventing as many losses as possible. Whereas a motorcycle accident attorney such as those found at Austin’s Shefman Law will make sure to take your claim as far as it will go, insurance companies are hoping to prolong the process while settling for the smallest amount possible. Referencing the authority of a program like Colossus is meant to discourage you from moving forward with your claim.
How We’re Different
Whereas the insurance companies will be attempting to limit the damages paid out due to negligence or other culpability, the motorcycle accident personal injury lawyers at Shefman Law will always take your claim as far as need be to get the compensation you deserve. If you’ve been injured in a motorcycle crash, don’t let the insurance companies bully you around with psychological warfare such as Colossus; instead, call Shefman Law where you’ll find a personal injury attorney that will fight for you. You’ve got a bike? We’ve got your back.