If you’ve been involved in a car accident resulting in serious injuries or damages, you may be wondering why the insurance company has offered you such a low settlement.
It’s crucial to recognize that insurance companies are only worried about one thing – profit. They’re in business to make money and will often do whatever they can to minimize losses. This means they’ll try and settle your claim as quickly and for as little money as possible.
If you were involved in an auto accident resulting in injuries, do not accept the insurance company’s initial offer. Do not negotiate with the insurance company on your own. First, talk to an experienced car accident attorney. At Apicella & Schlesinger Attorneys at Law, we will step in, keep you informed and protect your rights.
Reasons Their Offer Was Low
In addition to protecting their bottom line, the insurance company may offer a low settlement to avoid going to court. They are banking on the fact that you won’t want to go through the hassle of a long, drawn-out legal battle. And, in many cases, they’re right. The court can be time-consuming and expensive. However, if you do your homework and hire an experienced car accident attorney, you may find that going to court is worth it. A skilled attorney can fight for the compensation you deserve and ensure the insurance company doesn’t take advantage of you.
Another reason insurers may offer a low initial settlement is because they think you’re partially to blame for the accident. Even if you didn’t cause the accident, anything you said to the insurer after the accident could be used against you. For instance, if you said something like, “I should have been paying more attention,” or “I didn’t see the other car,” the insurer will likely use those statements against you to reduce the amount of money they have to pay. This is why you must be careful what you say to the insurance company. Never admit fault; instead, contact a NY car accident lawyer.
A third reason may be that they believe that your injuries are not as severe as you claim. They may try to downplay your injuries or argue a pre-existing condition caused them. This is why it’s essential to document evidence of your injuries, such as medical records, x-rays, and MRI reports.
Contact a NY Car Accident Attorney
Don’t talk to an insurance claims adjuster before speaking with Apicella & Schlesinger Attorneys at Law. Our experienced personal injury attorneys are ready to help you fight for your deserved compensation. We have a proven track record of success and are here to help you every step of the way. Contact us today for a free consultation.