Wednesday, January 12, 2022

Should I Accept the First Settlement Offer From the Insurance Company?

Navigating the Personal Injury Settlement Process

Sustaining an injury in a crash caused by another driver can lead to many questions along with costly medical bills and treatment plans. One of the most important questions we often receive is how our clients will pay for the treatment needed to recover from their injuries.

Because of this concern, it is not uncommon for a prospective or current client to want to accept a first settlement offer so they can move on from the legal process. However, immediately taking the insurance company’s first offer may not be an ideal choice.

Why You Shouldn’t Accept the First Offer

In a first settlement offer, it is not uncommon for an insurance company to disregard all that goes into recovery and only focus on the current damages done to the vehicle and your health. Unfortunately, by doing so, the first offer is often significantly lower than what it may take to accommodate this long-term. As such, it may be advised that you speak with an attorney first before making any deals with the at-fault driver’s counsel or insurance provider.

Maximizing Your Settlement

Working with a car accident attorney provides many benefits when looking to recover damages in a personal injury case. A crucial component of this is working with someone who knows how to maximize the settlement you could receive. Doing so allows you to account for current and future medical expenses, lost wages, vehicle damages, and the pain and suffering you endured during and following the accident.

How Our Kentucky Attorneys Can Help

The team at Morgan, Collins, Yeast & Salyer has over three decades of combined experience defending injured victims in and out of the courtroom. In addition, our lead attorney, Bruce R. Bentley, is a member of the Million Dollar Advocates Forum, earning his space in this group with a record of winning million and multi-million dollar settlements and verdicts.

By choosing Morgan, Collins, Yeast & Salyer to represent you, you are choosing years of success and compassionate representation from esteemed Kentucky accident attorneys. Contact our office today or Call (606) 332-2494 to discuss your legal options today.

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from Morgan, Collins, Yeast & Salyer https://www.kentuckycourage.com/blog/first-settlement-offer/
via https://www.kentuckycourage.com

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