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In the video, Lee Pearlman discusses seven common deceptive tactics used by insurance companies in personal injury claims. The first tactic involves the insurance company offering a quick settlement, often significantly lower than what victims might be entitled to—studies suggest a potential 400% difference in settlements between those who accept early offers and those with legal representation. These quick settlements typically neglect essential factors such as medical treatment costs, lost wages, and pain and suffering, ultimately disadvantaging the claimant. Pearlman emphasizes the importance of understanding these tactics to avoid being unfairly treated by insurance companies.