Do insurance companies really try to “lowball” accident victims?

Yes. In fact, they do it all the time. Insurance companies only pay claims when they have a contractual obligation to do so. Your insurance policy is a contract outlining specific conditions that must be met in order for your insurer to compensate a claim. Unfortunately, insurance companies don’t always hold up their end of the contract. They regularly deny valid claims and offer minimal compensation when far greater compensation is owed under the terms of a policy.