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Lee Pearlman discusses the seven common tactics insurance companies use in personal injury claims. The first tactic is to offer a quick settlement, which often amounts to a fraction of what victims are entitled to. Research indicates that settling early can result in a 400% loss compared to having legal representation. Insurance companies aim to minimize their costs, disregarding essential factors such as medical expenses, lost wages, and pain and suffering when making these offers. Pearlman emphasizes the importance of being aware of these tactics and the potential advantages of consulting an attorney.