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In this video, Lee Pearlman discusses the seven common tricks insurance companies use in personal injury claims. He emphasizes that one of the primary tactics is to offer a quick settlement, often for a fraction of the claim's worth. Research indicates that individuals who settle early may receive around 400% less than those represented by an attorney. Quick settlements typically neglect to account for necessary medical treatment, lost wages, pain and suffering, and other relevant factors. Pearlman highlights that this is only one of several tactics employed by insurance companies to minimize their payouts.