When Should I Accept the Insurance Adjuster’s Settlement Offer?

Written by: Virginia Beach Injury Law

Victims of injury accidents like car accidents, for example, can have far-reaching negative consequences, and until the full extent of the damages suffered is known, no settlement offers should be accepted. Furthermore, it is common practice for insurance adjusters to quickly reach out to victims after injury accidents in an attempt to get the victim to give them information that can harm their claim. If at all possible, the insurance adjuster will try to find ways to get out of payment. However, when this is not possible, having a victim accept a claim for much less money than what they deserve is the next strategy.

Victims of injury accidents in the Virginia Beach area should consider connecting with the catastrophic injury attorney at Virginia Beach Injury Law for more information regarding compensation and to have their claim properly valued. In general, a good rule of thumb is to never accept the insurance adjuster’s first offer. Even if you do not have legal counsel on your side, the first offer tends to never be the best one. If you are an effective and skilled negotiator, you should use those skills to get to a number that is more acceptable. If you are not, however, and if you do not know your legal rights, it is best to leave these complicated maneuvers up to the professionals.

Why Should You Wait to Accept an Insurance Adjuster’s Offer?

The reason why it is good practice to have a Virginia Beach automobile accident attorneymanage communications with the insurance adjuster is that your attorney will know what a full and fair settlement looks like. Your legal counsel is also trained and seasoned in heading up strategic negotiations to get you the most compensation possible. Last, your attorney has experience working with insurance adjusters and knows the deceitful practices they engage in. The insurance adjuster is not going to have an easy time fooling your attorney or getting one over on them.

The time in which you accept a settlement is largely dependent on how much your claim is actually worth. Your attorney can give you this estimate. Then, after some back and forth, your attorney will advise you on whether the outcome is beneficial or not. Even though your attorney is going to look out for your interests and give you the highest quality legal counsel and guidance possible, when and how much you accept for a settlement is your decision. You get to decide what you are willing to take and sign off on and what you are not going to agree to.

Speak with a Virginia Beach Personal Injury Attorney Today

Remember, your Virginia Beach car accident attorney is on your side and wants to secure as much as possible for you from your claim. If you cannot come to an agreement during negotiations, Ron Kramer, the Virginia Beach personal injury attorney at Virginia Beach Injury Law will be ready and prepared to take your case all the way to court. Call Virginia Beach Injury Law today to schedule a free consultation at (757) 802-4662.

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