Why Do Insurance Companies Offer Low Settlements?
When you’re recovering from an injury, the last thing you want is a dispute with an insurance company. Yet, many people in this situation receive a settlement offer that feels shockingly low and doesn't begin to cover their expenses. The primary reason insurance companies offer low settlements is simple: they are for-profit businesses. Their financial goal is to minimize the amount they pay out on claims to maximize their profits for sharehold...
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