If you’ve been in a car accident you probably want it to be over quickly. But if the insurance company sends you a settlement offer that’s nowhere near what you deserve, then do not settle your case yet! In this guide, you’re going to learn several reasons why it’s not always a good idea to settle too quickly.
1: You may not have fully recovered yet
If you have just been involved in a car crash, then it’s likely your body is still recovering from the injury. If this is the case, then settling your claim might result in you receiving less money than you would if you had waited until your injuries were completely healed. Often, after an accident, you may not have had enough time to recover before your case settles. This is because insurance companies often want to settle injury claims as quickly and quietly as possible… but this could mean you haven’t encountered all of the medical bills and expenses that are coming your way.
2: Your damages may be worth more than the insurance company’s offer
Car crash injuries are often very serious. And this means that your medical bills could quickly add up to a large sum of money. Severe car accidents can cause broken bones, lacerations, spinal cord damage, paralysis, and more. If you are suffering from any of these injuries, then it’s important that you hold out for a better settlement offer. Remember, the insurance company is looking to save money… so if they can persuade you to settle quickly, they can often do so without having to pay out as much for your injuries.
3: You may be able to get more out of your case
Car accidents are often very traumatic experiences. And the stress, time off work, and other consequences should not go unpaid. If you can prove that your case is worth more than what’s being offered, then it could be beneficial for the negotiations to continue. Hold out for an offer that reflects the true value of your claim and then you’ll be able to get the maximum out of the case.
4: Your injuries may require expensive ongoing treatment
If your accident left you with serious brain damage, spinal cord damage, or other long-term issues, then it’s important that you do not settle for any sum until you are certain that all of your ongoing care has been accounted for. Severe car accident injuries require expensive treatments that might not have been foreseen by the insurance company. If you settle too quickly then they may fail to cover all of the costs that you’re going to face in the future, leaving you out of pocket and with no option.
5: You may not have spoken with an attorney yet
If you’ve been in a car accident, then it’s important that you speak with an attorney immediately. Insurance companies are not on your side and they will try to settle the claim quickly in order to avoid paying out too much money. Having legal representation can make all of the difference when it comes to negotiations, so if you’ve received an insurance offer, do not accept it until you’ve spoken with an experienced car accident attorney In Antelope Valley.
Your lawyer will provide advice and guidance throughout the entire claim process and they can help to fight for your rights. So don’t settle too quickly… and remember that it might not be in your best interests to do so! Ultimately, it’s important that you seek out the appropriate legal guidance before accepting any settlement offer.