After a vehicle accident, you may be focusing on healing from your injuries. The insurance companies may be resolving your case. The negligent driver’s insurance representative will definitely contact you to take a statement and discuss details of the ow what happened during the accident. It is helpful to speak with a New York Personal Injury Attorney before you talk to the insurance companies. The Insurance company may even offer you a settlement.
What to do About a Settlement Offer
When recovering from an auto injury, you may feel a financial pinch. You are racking up medical bills that may be stressing you out. The insurance company knows that you need money to survive and therefore, they are ready to make a fast and often, low settlement offer.
You do not have to accept a settlement offer from the insurance company. You should not take any offer until you consult with an attorney. The insurance company wants to give the lowest settlement possible. Therefore, they often offer a settlement just not fair.
The settlement may not even cover your expenses or your damages. The insurance company may send you a check. Do not cash the check! If you do, you will likely eliminate your ability to seek any further damages. Let the the insurance company know that you do not accept the offer.
When to Accept a Settlement
NEVER ever accept a settlement until all of your injuries are healed. If you have severe injuries, you may require ongoing medical care, future surgeries and rehabilitation not considered in the settlement offer. These costs can be astronomical, and you could be responsible for the bills if you settle for less than what your medical expenses will cost.The most common mistake accident victims make is taking a settlement that will not cover the injuries incurred.
Insurance companies use standards to determine how much to pay in accident cases. Your injuries may not be typical, and they could be more severe than the standards suggest. You may full compensation for the injuries caused by the accident. In addition, you may also be owed money for other damages such as lost wages and pain and suffering.
When an injury is disabling, you might also be owed money for losing enjoyment of life or other similar damages. An experienced New York personal injury attorney will protect your rights and work to get you the compensation you are entitled to after an accident. At Pulvers Thompson we have years of experience and have successfully resolved hundreds of cases to get clients compensation after an accident.
Contact our legal team at Pulvers Thompson for a free initial case consultation today or Call 212-355-8000 Now For Your Free Personal Injury Case Consultation
Posted Under: Personal Injury
