What to Do When You Get a Low Accident Insurance Settlement Offer

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Immediately after an accident, you’ll probably do the right thing by reporting the accident to your car insurance company. You may assume that the insurance company has your best interests in mind but as a recent church bus crash incident indicates, far too many people suffer the consequences of receiving and accepting a low accident insurance settlement offer.

An experienced attorney can be very valuable when you’re involved in a vehicle accident because insurance companies may attempt to offer you a low-ball settlement in order to close out the case before you’re aware of what you need to do next.

Insurance settlements can be tricky because the immediate days and weeks following the accident are very stressful for a victim. During this same time period, however, the victim may not realize how extensive the injuries are. Some severe injuries, such as a TBI or spinal cord paralysis, may not be diagnosed right away.

Surviving Family Member in Texas Frustrated by Low Accident Insurance Settlement Offer

A deadly church bus crash in Texas led to a Dairyland County Mutual Insurance company settlement offer of $4,000.

The crash killed 13 senior members of a New Braunfels church. Insurance companies often take advantage of the opportunity presented by an overwhelmed and confused post-accident victim by making a low accident insurance settlement offer.

car accident settlement reached for the family of a college student killed in crashThey may assume that you will be tempted by the offer of any money at all and will accept it and move on with your life.

However, in the immediate days and weeks after a serious vehicle accident, you may not know the true extent of your injuries. You may not even understand your rights if you are a surviving family member who has lost a loved one in a critical accident.

This is where the expertise provided by an experienced injury attorney is extremely valuable. Insurance companies may try to pressure you to accept the settlement and make it seem as though this is their best possible offer but you do not have to accept a low settlement offer.

If you want to have a better perspective on the types of compensation to which you may be entitled after a serious vehicle accident, you need to consult with a knowledgeable attorney as soon as possible. Knowing your rights and taking proactive steps to protect them is extremely important for you as well as anyone else who has been negatively affected by such an accident.

Waiting too long to get help could compromise your ability to achieve a meaningful accident insurance settlement offer. If you accept a settlement offer presented by the insurance company that is too low, the settlement documents will often require that you waive your rights to ever pursue a legal claim in the future. You need to have an experienced attorney review your claim in full and provide you with further details about the best way to protect yourself.

The lawyers at McDonald Worley are committed to fighting for your rights after you’ve been hurt. Fill out the form on this page for a FREE case evaluation.