Don’t Rush to Accept a Quick Insurance Settlement
You have been injured in a vehicle crash, a shocking and traumatic experience. You spent a few days in the hospital, and are slowly recovering. The other driver was clearly at fault, and the responsible person’s insurance company is offering you a quick settlement that will fully cover your medical bills. You want to leave the awful experience in the past, so you’re ready to sign on the dotted line and accept the offer right away. Stop! Call your personal injury attorney before you accept.
It’s worth it to prolong the process a little longer to make sure you receive the amount of damages you deserve. Your attorney will help you understand and calculate the compensation that is due to you following your injury accident. Your damages may include more than your initial medical expenses, for example, ongoing physical therapy and in-home services. You are entitled to damages for lost wages if you have been unable to work due to your injury, and to some degree of compensation for your pain and suffering. In a very serious crash, you may also be able to claim punitive damages.
By offering you a quick settlement, the responsible driver’s insurance company is trying to save money. The first offer will undoubtedly be low, because the insurance company is testing you to see what you’re willing to accept. The company’s job is to make money, not to lose it. When you sign and accept a first offer, you are forfeiting your future right to claim the greater amount of compensation that you need and deserve, and that the insurance company in fact owes you.
You might feel awkward in refusing a first offer. That is why you have a personal injury attorney, who will manage any and all communications and negotiations with the insurance company. Set aside your anxiety to accept this first offer due to fear that you might not get anything at all. Your attorney will calculate the fair amount of compensation for your injury and its consequences, and will negotiate with the insurance adjuster on your behalf until you get what you rightly deserve.
At Hudson Law Firm, we put PERSONAL back into Personal Injury Law. For an injury claim evaluation, call us at (972) 360-9898, or visit our website to chat with an associate. We understand and care about your injury, and look forward to helping you with your accident claim.