Have an Injury Attorney Review Your Insurance Settlement
Often, accident victims have barely started their medical treatment when they receive a call from an insurance adjuster representing the insurer of the at-fault party. The adjuster might ask many questions and might even promise you a swift settlement if you accept the first offer. While having a check in your hand as soon as possible is always tempting, you should never accept a settlement offer without first having it reviewed by an experienced injury lawyer in Greensboro.
Inadequate Settlement Offers
Insurance companies are businesses first, and the less they pay to claimants, the more profits they keep. This is why these companies train – and even incentivize – adjusters to settle every claim for as little as possible. When you receive a fast offer, they are hoping you will simply accept it, even though the offer is likely much less than you deserve.
Some people accept a settlement offer without legal advice and then later realize the offer does not come close to covering their losses. Maybe they miscalculated their losses or forgot to consider future losses when considering the offer.
So, what happens if you accidentally accept an offer that is inadequate? Unfortunately, this means that you will be responsible for any leftover losses not covered by the settlement. This is because when you accept a payment, you sign a waiver preventing you from seeking additional payment in the future for this accident and injury.
To avoid this situation, always have a lawyer review your settlement offer and calculate your losses before you accept anything at all from an insurance company.
Let an Experienced Injury Lawyer in Greensboro Help You
The law office of Ben F. Windham, PC, helps injured clients through the insurance process, and our Greensboro injury attorneys will fight for the maximum possible settlement for you. Contact us online or call 833.236.9467 for a free consultation today.