Car accidents: Think twice before accepting that settlement offer

On Behalf of | Apr 2, 2021 | Motor vehicle accidents |

Ideally, your injuries and medical needs should serve as sufficient enough evidence for injury claims. In the real world, the process of getting a fair or decent settlement is much more confusing and convoluted.

No matter the nature or extent of your car accident injuries, you might want to think twice and have an attorney review any settlement offers you receive. Here’s why:

The settlement may not be fair

Insurance companies profit when they dispute or deny claims to avoid paying compensation. Their best interests are not yours. Insurance companies are notorious for low-ball injury settlement offers. Acting as if they cannot offer more compensation, giving you a deadline or strict timeline for settlement review and or insisting that your case is not worth more are a few of the many tactics they use to lower and avoid compensation to accident victims.

You may deserve more than what the insurer offers

There is a strong possibility that your claim is worth much more than what they initially offer. All settlements are negotiable. It is important for you to try to keep a clear head throughout the claims process. Depending on your accident injuries and treatment needs, you may find it difficult to understand everything that transpires between you and the liable party’s insurer. The pressure and stress of the situation may cause you to rush through the process to get it over with and move on.

Besides carefully reviewing settlement offers, avoid rushing. Carefully evaluate your current and future needs and the impact your accident and injuries have on your life to ensure your best interests to negotiate a more favorable settlement offer.