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In this tutorial, Lee Pearlman discusses seven common tactics insurance companies use in personal injury claims. The first tactic is the quick settlement offer, which typically undervalues the claim—often at a fraction of its worth. Studies indicate that individuals who settle early might receive about 400% less than those represented by an attorney, who can better assess the true value of the claim. Quick settlements usually omit important factors such as medical treatment costs, lost wages, and pain and suffering. Pearlman emphasizes the importance of being aware of these tactics to avoid settling for inadequate compensation.
