What should I do if the insurance company offers me a settlement?

A: If the insurance company offers you a settlement, it is important to carefully evaluate whether the offer is fair and adequate to cover your damages. Insurance companies often make quick settlement offers in an attempt to resolve the claim cheaply and avoid going to trial. However, these offers are often lower than what you may be entitled to, especially when considering long-term medical costs, pain and suffering, and lost wages. Before accepting any settlement, you should consult with a personal injury lawyer, who can help you assess the offer and negotiate a better deal. Your lawyer will review your medical records, expenses, and potential future costs to ensure that the settlement accurately reflects the true value of your claim. Accepting a settlement too early can mean forfeiting your right to additional compensation, so it is crucial to have legal advice before making a decision.

Related posts:

  1. Q: I was sideswiped by a speeding driver on I-285 in Atlanta while merging lanes, and while my injuries include a torn rotator cuff and broken ribs, the insurance company is arguing that since I didn’t signal early enough, I’m partially at fault—how does that impact my claim?
  2. Q: I was a passenger in a friend’s car in Albany when we were T-boned by a driver who ran a red light, but the insurance company says we may have shared blame for speeding through the intersection—can I still recover as a passenger?
  3. Q: My teenage son was struck by a distracted rideshare driver while walking near a crosswalk in downtown Athens and suffered a traumatic brain injury, but the driver was between fares and the company says he wasn’t logged in—can we still sue the rideshare company?
  4. Q: I was rear-ended by a box truck while stopped at a red light in Valdosta, and although the driver admitted fault at the scene, the company is now denying liability because he was running a personal errand at the time. Can I still hold the company accountable?
  5. What is the difference between a settlement and a trial in a personal injury case?
  6. I was paralyzed from the waist down when a drunk driver ran a red light in Savannah and T-boned my car, but he only has minimum insurance coverage of $25,000 which doesn’t even cover my first month of medical bills, and I don’t have uninsured motorist coverage. Can I recover full damages?
  7. I lost my leg after a pharmacy gave me someone else’s diabetes medication instead of my blood pressure pills, causing severe hypoglycemia that led to a car accident when I passed out while driving. Can I sue both the pharmacy and other driver’s insurance?
  8. What role do insurance companies play in personal injury cases?
  9. Can personal injury lawyers help with insurance claims?
  10. A defective escalator at Hartsfield-Jackson Airport suddenly reversed direction while I was riding it with my 4-year-old daughter, causing us both to fall backwards down the moving metal steps, resulting in my broken ribs and her facial lacerations requiring plastic surgery. Should I pursue claims against the airport, the escalator manufacturer, or the maintenance company?
  11. My son was catastrophically injured when a roller coaster at a traveling carnival in Valdosta malfunctioned and derailed, throwing him 20 feet onto concrete and causing traumatic brain injury with permanent cognitive deficits, but the carnival company claims they’re based in Florida and can’t be sued in Georgia. Do we have jurisdiction?
  12. I lost my right arm when defective scaffolding collapsed at a Savannah construction site, and investigation shows the rental company had painted over visible cracks in metal joints and fraudulently certified the equipment as passing safety inspection. What are my options?
  13. Q: A commercial truck driver fell asleep at the wheel and crashed into my car on I-75, causing me to lose my left leg below the knee, and investigation revealed the trucking company had altered his logbooks to hide excessive driving hours violating federal safety regulations. What damages can I pursue?
  14. I’m quadriplegic after a construction crane collapsed onto the building where I worked, with investigation revealing the crane company had welded cracks in critical components rather than replacing them, then painted over repairs to hide them from inspectors. What are my options?
  15. I lost my leg when defective scaffolding collapsed at a construction site, with investigation showing the rental company had welded over visible cracks and painted them to hide repairs from safety inspectors. What’s my case worth?