If you’ve been injured, what are you supposed to do when an insurance company reaches out with a quick settlement offer? The Marc Lopez Law Firm gets this question a lot, and an experienced Indiana injury lawyer can help to guide you through the process.
Never Accept the First Offer
The first offer is usually for a pretty low amount—maybe $2,000 or $3,000—and it can be tempting to accept it. Medical bills are piling up, and missing work means less money coming in. It’s important to resist this temptation though because an insurance company’s first offer is often little more than a trick.
If the insurance company is responsible for your injury, they should be covering not just your medical bills, but also pain and suffering. So that settlement offer isn’t really giving you anything you’re not entitled to.
What the company is really doing is limiting their own exposure. If you accept their low offer, you’re basically giving them a free pass on paying for anything beyond the bare minimum.
To read more about insurance company tricks, click here.