What Should I Do if I Receive a Settlement Offer from the Insurance Company?
If you’ve been injured by someone else’s negligence, you’ll seek compensation for your covered losses – in support of your most complete recovery – through the at-fault party’s insurance provider. When the insurance company comes back with a settlement offer, it means that they are prepared to end the matter permanently, but it doesn’t mean that the offer is adequate to cover the losses you’ve incurred. If you’re looking at a settlement offer, it’s time to consult with an experienced Greenville personal injury lawyer.
The Insurance Company’s Motivation
While the insurance company is paid to compensate you for your covered losses, they are driven by profits, which means your best interests are not their concern. Accepting the first settlement offer the insurance company makes can leave you with far less than the amount to which you’re entitled – and that you need to support your recovery.
Your Covered Losses
It’s a bad idea to accept a settlement offer before you’ve carefully assessed the full range of losses you’ve suffered as a direct result of the accident in question. This includes considering the impact these losses will have in the future, which can be challenging to calculate and prove but is important in relation to your health and well-being.
Assessing the Extent of Your Losses
You’ve been injured by someone else’s wrongdoing, which leaves you vulnerable and not in a great position to accurately tally your legal damages. A capable personal injury lawyer, however, is well prepared to skillfully fight for your rights, which include a settlement that reflects the full scope of your losses in each of the following categories:
- Property damage, such as to your car if the underlying accident was a traffic crash
- Medical bills, including ongoing costs
- Lost earnings, which may need to reflect losses that relate to your career
- Physical and emotional pain and suffering, which can be even more considerable than your other losses combined
Clearly outlining the damages you’ve incurred and proving their significance is critical to the success of your claim.
Your Personal Injury Attorney’s Role
When you have solid legal representation backing you up, you can expect a wide range of advantages. To begin, your focused lawyer will take all the actions necessary to demonstrate your complete losses, which includes employing robust evidence. They will also engage in skilled negotiations with the insurance company in pursuit of a fair settlement that reflects the specifics of your personal injury case. Finally, if the insurance company isn’t interested in meaningful negotiations, your seasoned legal counsel will be well prepared to ably represent you in court.
An Experienced Greenville Personal Injury Lawyer Is Standing By to Help
The well-respected Greenville personal injury attorneys at Fulton & Barr Attorneys at Law harness the full force of our experience and legal skill for every client we represent, which translates to providing trusted legal guidance and tirelessly pursuing favorable claim resolutions. We are on your side and here to help, so please don’t wait to reach out and contact us online or call 864-513-8537 for more information about what we can do for you today.