5 Times You Shouldn’t Accept the Insurance Company’s Offer in a Personal Injury Claim

Personal injuries can make it hard to think logically because when you’ve been hurt, you just want to get back to normal as soon as possible. If you’ve missed work and need to have your medical bills covered, the insurance company’s settlement offer might look good. However, there are times in these situations when you should not accept these offers.

Let’s explore them

#1- It’s the First Offer

Usually, the first offer an insurance company presents to a person filing a claim is not going to be for an impressive amount of money. When insurance companies make their first offer, they typically don’t present the maximum amount that they’re willing to invest into settling.

#2- You Haven’t Seen a Doctor

If you haven’t had a full medical evaluation after a personal injury, you probably shouldn’t accept the insurance company’s offer. Without a doctor’s evaluation, you might not be aware of how serious your injuries are and as such, the first settlement offer might not suffice when it comes to your future medical care.

#3- The Offer Seems Low

Receiving a relatively low offer isn’t uncommon in personal injury cases, so if the offer you’ve received from the insurance company doesn’t seem like enough, you probably shouldn’t accept it.

To determine a more accurate estimate of what the insurance payout should be, it’s a good idea to consult a personal injury attorney in Denver.

#4- The True Cost of the Injury Isn’t Determined

Medical bills are only one cost element when it comes to personal injury cases. Depending on how seriously you’ve been hurt, you might also miss work while you recover, and if the injury occurred in a vehicle, you might need to have your vehicle repaired after the accident.

Before accepting the offer you get from the insurance company, take some time to seriously consider just how much this injury is going to cost you.

#5- You Don’t Have a Demand Letter Drafted

If you have not drafted a demand letter, it’s a good idea to make it your next order of business. A demand letter will list out the damages incurred because of the accident as well as the compensation you need as a result of those damages. Once this letter is drafted, you have a clear document that illustrates how the personal injury case should proceed.

If you’ve sustained a personal injury, you need to know that the insurance company handling your claim does not have your best interest in mind. They would rather not give you the compensation you deserve, and as such, it’s a good idea to work with a personal injury attorney. Boyle Law Firm is one of the best Denver personal injury law firms when it comes to getting clients the payout they deserve. Reach out to us and our team will represent you throughout your case.