The Baez Law Firm | San Antonio Lawyers and Attorneys

The Baez Law Firm | San Antonio Lawyers and Attorneys
San Antonio Lawyers and Attorneys

Friday, June 20, 2008

How the economy is affecting your ability to recover for your injuries

The gas crisis, the bad economy and other factors, are playing an important part of your injury settlement with the insurance companies. Years ago, when insurance companies offered their clients Personal Injury Protection (PIP) most of them would pay their clients if they ever got involved in an accident, if they had PIP coverage. That is no longer the case. Some insurance companies now have independent third party auditors that would, in most cases, challenge the validity of medical bills, and wage losses of the clients. Therefore minimizing the recovery of your claim.

This is particularly true for major insurance companies. As businesses, insurance companies, just like any others, must keep up with the reality of inflation, economy and "the bottom line." Gas prices must be one of the reasons why, insurance companies now must try to keep most of the profits for themselves, and not pay on no-fault insurance claims, such as PIP.

PIP coverage varies depending on the State and policy. In most cases, the PIP could range from $2,500 to $10,000, depending on the type of coverage. Once an insured is injured in an accident, if they have PIP coverage, it should cover most of the medical bills and the loss wages, assuming that the insurance company pays the full policy. This is independent on who is at fault. That is why is called, no-fault insurance.

Very few insurance companies are paying on their PIP policies the full price. They would question every aspect of a bill, in order to keep more profits. Good hands policy has now become boxing gloves policy, even for no-fault insurance claims. The key operative word is "reasonableness" of the medical bills.

One of the major insurance companies that is doing this drastic change in policy is USAA. They have opted to send every PIP claim to independent, or so they say, third party auditors that would evaluate every claim. The auditors would in tern, dictate the price of the medical services offered, price the reasonableness of the services provided, and advise the insurance on how much to pay on the claim. All of this again, in order to keep more profits. It must be that the economy is affecting them as well.

If you have been in a car accident, truck accident, fatal accident, major collision, roll over, SUV roll over, motorcycle accident, car wreck, serious injury, death from an accident, broken bones, or any other injury in San Antonio, please contact our law firm. We are San Antonio personal injury lawyers, law firm, and attorneys that specialize in all aspects of personal injury for our clients. We have experienced attorneys that would handle your case with respect and dignity. That is why our motto is "we care about your legal needs!"

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San Antonio, Texas, United States
Find Personal Injury Trial Lawyers that will treat you with dignity and respect. The Baez Law Firm, P.C. is dedicated to help those less fortunate. Our San Antonio Lawyers also handle family law, criminal defense, business law, immigration, social security disability, patent law, trade marks and much more. We are professionals that care about your legal needs. Our motto is simple: “Minimizing Legal Worries!”℠ Visit us at or call us (210) 979-9777. Have a blessed day!

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1100 NW Loop 410, Suite 500
San Antonio, Texas 78213
Tel. (210) 979-9777
Fax. (210) 979-9774


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