Should I Accept The Settlement Offered To Me By The Insurance Company?

Motor vehicle accidents can inflict some serious injuries, leaving survivors overwhelmed by medical bills, lost wages and, in some cases, the inability to return to work. During this difficult time, it might be tempting to accept an offer made by the at-fault party’s insurance company, but this is generally a major mistake. The initial offer you receive from an insurance company will likely be too low and cannot begin to cover the costs associated with your injuries. Instead of accepting a low ball offer, it is imperative to consult with an experienced personal injury attorney who will help you obtain the compensation you truly deserve.

The Pitfalls of Accepting a Settlement Offer

Oftentimes, an insurance company will reach out to injured victims immediately, taking advantage of them during their most vulnerable moment, while they are still reeling from the events that occurred. When you speak to the insurance adjuster, he or she will attempt to get you to sign a release form. If you sign this form, you will essentially give up all of your rights to file any future claims for your injuries, even if additional money is needed to cover future medical treatment or other expenses associated with your injuries. Do not fall into this trap. Hire an attorney who can fight for you and prevent you from falling prey to the insurance company’s tactics. Not only will the insurance company try to convince you to accept as little money as possible, but they often use deceptive measures to do so. You might be tricked into thinking that the accident was partially your fault or manipulated into thinking you are obligated to provide access to your medical records. This situation can be difficult to navigate, but your personal injury attorney will be able to effectively handle all dealings with the insurance company to ensure these avoidable mistakes are not made.

Understand the Value of Your Case

If you do not know the value of your case, it will be easy for an insurance adjuster to convince you that the proposed settlement offer is fair. You need to take several factors into account to more accurately estimate what your case is worth, including current and future medical care, lost wages, pain and suffering, and other expenses. An experienced personal injury attorney will be able to provide a good estimate of your case’s value and negotiate with the insurance company so you do not end up being deceived by any lowball offers.

Personal Injury Attorney in Bryan, TX

Accidents can be traumatic experiences, especially if you sustained serious injuries. To make matters worse, insurance companies dedicate their efforts to ensuring you receive as little compensation as possible. At Waltman & Grisham Attorneys at Law, our Texas legal team will fight to hold responsible parties accountable, so you can obtain the compensation you deserve. You should not have to pay for someone else’s mistakes. Call our office today at (979) 227-4888 to schedule an initial consultation. Our team is here for you 24/7.