Accepting the First Personal Injury Settlement OfferDo you have questions about dealing with insurance? Learn if you should be accepting the first personal injury settlement offer in this video.
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Should I take the first settlement offer for my personal injury case?
You may be wondering whether it’s ever a good idea to just go ahead and accept the first initial offer made by an insurance company in a personal injury case. The answer to this question is always no. As a business, the insurance company is always trying to save money. As a result, it will always try to lowball you. Some people make the mistake of jumping to accept the first offer from the insurance company, worried they won’t get another. This is unfortunate, because in truth, it’s reasonable to assume you’re never going to get a worse offer from the insurance company than their first offer. These days, we typically see the insurance companies only offering payment of medical bills for personal injury cases. This provides you no relief for other bills you could not pay because you were unable to work and lost wages and for other loses that may be non-economic but legitimate losses just the same. When you hire an experienced personal injury attorney, you greatly increase your chances of receiving maximum compensation because you can turn over all settlement negotiations to a lawyer who won’t fall for the insurance company’s manipulations.
Were you or a loved one seriously injured in an accident in Texas and have questions about accepting the first personal injury settlement offer? Contact our experienced McAllen personal injury lawyers at the Law Firm of Ricardo A. Garcia today for a free consultation and case evaluation. Let our experience work for you. Subscribe to Our YouTube Channel