Most insurance adjusters will act fast to offer claimants low settlements as soon as possible after a car accident. Although it might be tempting to accept the offer, do not do so until you speak to an insurance claims attorney.
After a car accident, the first thing most people do is file an insurance claim. If you have collision coverage on your policy, this will cover the property damage done to your car. However, if another person was negligent in causing your car accident and it was not your fault, they bear the financial burdens associated with your damages.
Not only should you be compensated for the damage done to your car but also for other damages such as pain and suffering, scarring and disfigurement, lost wages, and medical bills. Never accept the first settlement offer you are given for these damages. Instead, seek the legal counsel of a well-versed Orange County insurance claims attorney.
The Insurance Adjuster Does Not Work for You
One of the primary reasons you should never accept the first settlement offer you receive is simply because the insurance adjuster providing you with the offer does not work for you. They work for the insurance company. Their goal isn’t to maximize your compensation; it is to minimize their employer’s losses on your claim. They accomplish this by giving you a low and unfair offer. They might even make it sound like they have done all the can to get you as much as they can, but this could not be further from the truth.
You Might Deserve Additional Compensation
The insurance adjuster knows that if they swoop in and get you to settle as soon as possible, you won’t have time to meet with an Orange County insurance claims lawyer about your accident. If you accept their initial offer, you legally preclude yourself from potentially receiving all of the compensation you are entitled to under Florida’s personal injury laws. If you learn later that you have additional injuries or need to be off of work for longer, you will not be able to seek compensation after accepting a settlement offer.
Your Acceptance is Final
If you decide to accept a settlement offer from the insurance adjuster, your claim is over. You cannot change your mind, claim additional damages, or reopen your claim for any other reason. This is why it is imperative that you consult with a seasoned Orange County insurance claims lawyer before deciding to accept a settlement offer. Your attorney can tell you if the offer is fair or not. More than likely, it is not fair, and your attorney can help you maximize your compensation.
Injured in a Car Accident? Talk to an Orange County Insurance Claims Attorney Before Accepting a Settlement
After you report your accident to the necessary insurance companies, your next step should be to contact an experienced lawyer. Call (407) 588-0343 or contact us online today to book your free case review with a qualified Orange County insurance claims attorney at the Law Offices of Jerrod Paul.BACK TO BLOG