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What Are My Options If the Insurance Company Offers a Lowball Settlement?

Making an insurance claim should be easy. After all, insurance exists for a reason, right? You expect insurance coverage to make up for your medical bills, lost wages, and other damages that you couldn’t have afforded to pay otherwise.

Unfortunately, many insurance companies will lowball settlements and offer claimants less than what they deserve. Remember, insurance companies are businesses above all else and will offer you the least possible amount that the company believes you will accept.

If you believe that you were offered a lower settlement than you deserve, do not take it! You have options moving forward, with the help of an experienced personal injury attorney.

Determining Whether An Offer Is Low

After you’re injured in an accident, it’s understandable that you may want to just take the offer and put the whole ordeal behind you. However, you don’t want to take an offer that is less than your total damages. Otherwise, you may be left with out-of-pocket expenses when the settlement amount runs out.

In order to determine whether an offer is low, your attorney will need to review your specific case, conduct a thorough investigation, and gather all the evidence needed to show what happened and the extent of the damages that you incurred. This includes damages related to:

  • Medical bills

  • Future medical expenses

  • Ongoing physical therapy

  • Lost wages

  • Lost earning capacity

  • Pain and suffering

  • Long-term disabilities

  • Emotional trauma

Negotiating With the Insurance Company

Once your attorney calculates your total damages, then the negotiations begin. Your attorney will present your case and all relevant evidence to the insurance company. If all goes well, the insurance company will offer you a fair settlement after reviewing the evidence and facts.

There is a chance that the insurance company won’t budge and raise their offer. In this case, your attorney should be prepared to go to trial in order to fight for your maximum recovery. However, many insurance companies try to avoid lengthy and expensive trials, especially if they know they won’t win. In many instances, even hiring an experienced attorney to represent you from the start can push the insurance company to offer you a fair settlement.

Fighting for Your Maximum Financial Recovery

Filing a claim and going up against the insurance company can be stressful, especially when you should be focused on your physical and emotional recovery. Please know that you don’t have to go at it alone.

At the Law Offices of John D. Ameen, our legal team comes backed with decades of experience advocating on behalf of those injured in Florida. We are not afraid to stand up to the insurance company so you obtain the compensation you need and deserve.

Contact the Law Offices of John D. Ameen at (800) 953-2858 to get started on your case with a free consultation.

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