The insurance company has made me a settlement offer. Should I accept it?

Probably not. Insurance companies often make an initial offer that is considerably less than what the claim is truly worth. They may even make an offer without doing a thorough investigation just to spare the expense of the investigation. If you believe that you have a valid claim, then taking a low offer at the beginning of the case is not a good idea. It is best to have an experienced Rochester personal injury attorney review your case and the offer before agreeing to accept it. If you feel that the offer was made in good faith, you may wish to counter with your own offer that is a bit less than your original demand. This indicates that you are willing to negotiate in good faith. Always emphasize the strong points of your case when negotiating an offer to settle. If the other party was clearly at fault, focus on that. Likewise, if your injuries are serious, be sure to provide documentation to that effect when negotiating a settlement. Negotiating a personal injury settlement can be time-consuming and complex, which is why you should contact the Law Offices of Scott C. Gottlieb & Associates, LLP, to ensure that your rights are protected.

Posted in: Insurance Settlements FAQs