You Have Options
Taking the insurance company’s first offer is almost always a bad idea. In our experience, it’s most often not enough to truly compensate you for your injuries and doesn’t take into account the long-term expenses this accident will cause. So why do so many people take that first offer? Because they feel like they don’t have a choice.
Consider the situation from the accident victim’s perspective. They are injured, out of work, and unsure of where the money will come from to pay their current financial obligations, let alone medical expenses. That’s a frightening situation to be in. So when the insurance company calls and says that’d like to offer them a lump sum to settle their case, can you blame the accident victim for feeling like they don’t have an option but to take it? We certainly don’t.
Even though it may not seem like it at the time, you have options. The first step in discovering those options is getting all the information you need before signing anything from the insurance company. That’s why calling a lawyer first is a good idea. At Cofman Townsley, we’ll answer your questions at no charge, with absolutely no obligation. After that conversation, you’ll have a better understanding of your rights and be able to make an informed decision as to next steps. If you’ve been injured and the insurance company wants you to settle right away, take a step back, pick up the phone, and give us a call. It’s worth the time it takes to protect your financial future.