You must ensure that the settlement offer made by the insurance company to settle your case is fair. Lowball offers are lower than you deserve. Insurance companies will always settle for the lowest possible amount. How can you tell if an insurance company is trying to lowball you? Here are some signs that your insurance company isn’t paying enough attention to you.
The Settlement Offer Came Too Soon
In the hopes that you accept an offer from the insurance company before fully understanding the extent of your injuries and damages, the insurance company may approach you with a settlement proposal within hours or days following your accident. To avoid them researching the accident, insurance companies will offer quick settlements to personal injury victims. It might be tempting for you to accept an insurance company’s quick settlement offer if you are unable to work or have medical bills.
The Insurance Company Wants You to Accept the Offer
Insurance companies offer quick settlements and push victims of personal injury to settle quickly before they have time to consult an attorney. You might be told by your insurance company that you don’t have the time to consult with an attorney. The insurance company may also tell you that the lowest offer is acceptable. Don’t fall for this. There are always opportunities for negotiation. There is always room for negotiation. The truth is, the insurance company of the at-fault party doesn’t want you to hire an attorney to help you get the compensation you deserve.
The Insurance Company Does Not Consider All Evidence
If the insurance company of the at-fault party fails to take into account all evidence, it is a red flag. It is alarming if an insurance company dismisses witness statements or photos as unimportant, even though it is not true. The insurance company is aware that your evidence will be in your favor and will try to minimize your claim.
This post was written by Kelly-Ann Jenkins of Jenkins Law P.L. Kelly-Ann is a personal injury attorney St Petersburg FL. She focuses on personal injury, car accidents, and bicyclist injuries. The information on this site is not intended to and does not offer legal advice, legal recommendations, or legal representation on any matter. Hiring an attorney is an important decision, which should not be based on advertising. You need to consult an attorney for legal advice regarding your situation.
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