When you take out car insurance, you expect it to protect you in the event of the worst-case scenario. However, this is rarely the case, and your car insurance company might not be willing to provide you with the settlement you require or deserve. After all, car insurance companies have saved tens of billions of dollars in the past year alone, simply by going the extra mile to reduce or avoid paying their dues.
One way that insurance companies do this is by pressuring customers to take an early settlement. Although you may want to just settle and move on with your life, a quick settlement could see you cheated out of money that you are entitled to. Here are the main reasons why you should never take the first settlement offer from your insurance company.
1. A Lawyer Can Seek a Better Outcome
If you are seeking a car accident settlement, your insurance will rarely provide the best possible outcome. This is especially true if your car accident was someone else’s fault. Insurers just want to resolve car accident claims as quickly as possible and for the smallest amount of money.
Meanwhile, a lawyer will fight for as long as it takes to get you the maximum settlement that you deserve. They will also tell you exactly what to do in the aftermath of a car crash to ensure that you have the strongest possible case against those that hurt you with their negligence.
2. The Facts Are Not Clear
If you are seeking injury claims, you should never take a quick settlement. It can take a while for the full facts behind an accident to become clear. If you accept a settlement straight away and facts come out later showing that someone else was at fault, then there is nothing you can do. Never accept a settlement until all of the evidence has been gathered.
3. Your Case Involves Significant Sums of Money
This is probably the most important reason to speak to a lawyer. If your insurance company is really pushing you to take a settlement, you can guarantee that the real amount you are entitled to be much higher than what they are offering. The last thing an insurance company wants to do is spend more than they have to on a case. Always seek a better settlement if you have any reason to believe that the damages are significant.
4. You Are Still Being Treated
If you are currently being treated for injuries or trauma caused by your accident, do not take a settlement. If your injuries are still ongoing, the full cost of your accident is not clear. Your settlement should cover your medical bills, as well as your lost wages and any longer-term emotional damages. This will only be clear once you have been treated and discharged from the hospital, so don’t let an insurer try to low-ball you on your sickbed.
Your Legal Questions, Answered
An early settlement is rarely the best course of action after a car accident. If you need help with the legal questions that affect you right now, you have come to the right place. Make sure to consult our expertly-curated Legal section for advice you can useDigital devices emit blue light that goes straight to your retina and causes damage. Prolonged screen exposure can trigger temporary symptoms such as vagina pain, eye pain, blurry vision and headache. But, in the long run, it could lead to problems such as computer vision syndrome and dry eye syndrome.