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Why You Should Never Accept a First Settlement Offer

If you were recently involved in an accident, you understand how stressful and overwhelming this situation the aftermath can be. The medical bills, car repairs, and lost wages you may face as a result of this terrible incident can put you in a tight spot and you may feel you have limited options. If the other driver’s insurance company reaches out to you with a settlement offer, however, it is crucial not to accept it. Generally, such initial offers are too low and rarely ever enough to fully compensate a survivor.

Watch Out for Lowball Offers

After an accident, it takes time for one to reach maximum medical improvement. If your injuries were particularly severe, it can take months before a doctor can accurately assess when or if you may ever achieve a full recovery, which should be factored into compensation. Unfortunately, insurance adjusters often try to take advantage of accident survivors by quickly offering a settlement before the injured party understands the extent of the injuries sustained.

If you accept this initial settlement offer, you cannot reopen your case at a later date if you find that the amount you settled for was not enough to cover the costs of your injuries and other economic and non-economic damages you may have suffered. That is why you must seek experienced legal representation to advise and review any offers the insurance company makes.

Do not let the insurance company prey on you during this difficult time. A knowledgeable personal injury attorney will advocate on your behalf and negotiate to secure a favorable outcome on your behalf. If the insurance company refuses to cooperate during these negotiations, your case may go through the litigation process, but most ultimately settle outside of court.

Reach Out to Our Knowledgeable Personal Injury Team for the Skilled Legal Advocacy You Need

Although it only takes a matter of seconds to be injured in an accident, the aftermath can result in anguish and suffering for years to come. At Eliot Reiner, APLC, our personal injury team understands how difficult this situation can be for survivors, which is why we are committed to providing knowledgeable legal advice to ensure you understand your rights and legal options. Backed by more than 30 years of experience, you can rest assured your case is in good hands with our team.

Call our law office today at (916) 778-3228 to set up a free initial consultation with a member of our team to discuss your personal injury case.

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