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In this video, Lee Pearlman discusses seven common deceptive tactics used by insurance companies in personal injury claims. One major tactic is their strategy to settle quickly for amounts significantly lower than what victims are entitled to, often just a fraction of the actual costs. Studies indicate that settlements can be up to 400% less for individuals who accept early offers compared to those represented by an attorney. These quick settlements typically fail to account for medical treatment, lost wages, pain and suffering, or other vital considerations that should factor into the claim. Pearlman emphasizes the importance of being aware of these tricks to ensure fair compensation.