After an accident or injury, many people assume that the insurance company will range from uncooperative to downright hostile. Imagine their surprise when the insurance company isn’t just helpful, but offers them a settlement with no strings attached and no questions asked!
As the old saying goes, when something in life seems too good to be true, it probably is. And that’s often the case with unprompted and fast settlement offers. When insurance companies offer settlements without any work from victims, it’s often because they are attempting to minimize their financial hits. They know that if victims hire lawyers who will dig into what they are truly owed, the checks they’re writing will be MUCH larger.
If you get an unsolicited settlement offer from the insurance company either immediately after an accident or injury or while your lawyer is building your claim, don’t accept it. Instead, talk to a lawyer. In rare cases, the amount they’re offering may be fair. But in most cases, it’s a “lowball” offer that will leave you needing more money just months or even weeks later.
At Lowell Stanley Injury Lawyers, we can review all the facts of your accident, including how much money you’re truly owed. From there, we’ll advise you on all settlement offers while continuing to negotiate with the insurance company to get you paid fair and square. Contact our Virginia personal injury lawyers today for a free consultation.