It shouldn’t be any big surprise that Insurance companies are some of the most profitable companies in the world. They maintain their profit margins by limiting the amount of money they pay out in accident injury claims. Many are mistakenly under the assumption that insurance adjusters work for you and have your best interests at heart, but the truth is that it is the job of the insurance agent to pay out as little as possible on accident claims. They are after all in the business to “make money.”
BD&J Law Firm has developed the following infographic which illustrates just how much money some of the top insurance companies make in annual profits and exposes 10 common tricks and tactics insurance agents will use to get you to settle your claim for less money than it is really worth.
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Co-founder and Vice President of SearchRank, responsible for many of the day to day operations of the company. She is also founder of The Arizona Builders’ Zone, a construction / home improvement portal.
