…why do big insurance companies offer fast cash?
Question: So Joe, why do big insurance companies offer fast cash?
Joe: Well, you know I tell all my clients when they come and ask about this situation that insurance companies are in the business of not paying claims. For them, being able to get rid of a claim fast or for as little as possible is their goal. Now that goal is completely inconsistent with you, who is injured in a car crash, a construction accident, a fall, any kind of injury you have. Fast is not going to be your answer because you have to appreciate your medical bills, your lost earnings, if the injury is permanent, how it is going to affect your life, how it is going to affect your family. Those are things that don’t happen fast. Those are things that take a long time for you to appreciate the scope and nature of the injury. If you try and settle fast you can get yourself in a very serious situation you do not want.