After an accident, the other party’s insurance company may try to
offer you a settlement for property damage and injuries. However, you
should avoid signing any settlement release until a thorough investigation
has been conducted, and you have reached the point of maximum medical
improvement (MMI). Why should you refuse the insurance company’s
The Settlement May Be Low
In general, insurance companies do not want to pay the amount you deserve.
They will try to offer a low settlement that may cover some but not all
of your injuries or property damage. Some people may just want to put
the accident behind them, and will accept the settlement right away so
they don’t have to hassle or negotiate. However, this is a bad idea.
You May Have Injuries That Are Not Immediately Apparent
If you are involved in an accident, you may not feel pain. However, you
may still have underlying soft tissue injuries or other conditions caused
by the incident. This means, if you accept the insurance company’s
initial settlement, you will be unable to receive more compensation later
on if you need more expensive medical treatment. It is important to reach
the point of MMI (the point at which your doctor says you have recovered
as much as you are able to) before you accept a settlement with the insurance
company. This can help prevent a situation where you have expensive medical
bills but are unable to file another claim.
Seek a Favorable Settlement with the Help of Our Lawyers
If you or a loved one have been injured because of someone else’s
negligence, Christian & Davis LLC can help. Our
Greenville personal injury attorneys have nearly 100 years of collective legal experience. We can help you
file a claim, negotiate on your behalf with the insurance company, and
represent your case in court if necessary.
today to request a complimentary consultation.