If you were hurt in a car accident or some other type of accident, you may be surprised to receive a settlement offer from an insurance company soon after your accident. In fact, you may feel relieved that the insurance company appears to be willing to settle your claim quickly and without issue. Unfortunately, all too many people misjudge these initial settlement offers as gestures of goodwill on the part of insurance company. With this in mind, some people accept the initial settlement offer because they feel that they may not get paid if they ask for more money. Others accept them because they fear that it will take a long time to resolve their claim, and they will be in a very difficult financial position should they delay their decision.
It is true that being injured in an accident can be very costly. However, it is also true that accepting an inadequate settlement offer could cost you even more. If you receive an initial settlement offer, be sure to read it very carefully. As you read it, keep in mind that someone whose interests are contrary to yours wrote it. In other words, the settlement offer that you hold in your hands is designed to maximize the benefit to the insurance company by convincing you to settle your claim quickly, and for as little money as possible
If you have been involved in an accident, please remember that you deserve to be fully compensated for all of the damages that you have sustained, including harm to your body and/or property. It is entirely possible that at this time, especially if not much time has passed since the accident, you may not know the full extent of your injuries and damages. In other words, accepting an initial settlement offer right now could put you at risk of settling your case for less than what it is truly worth.
Fortunately, you may choose to accept or reject any settlement offer. You can also receive qualified advice about whether to accept or reject a settlement offer from a seasoned Mississippi personal injury attorney. An attorney can help you understand what your case is worth and whether the proposed settlement offer would adequately compensate you for your damages. Your attorney can also take over the task of corresponding with the insurance company, and they can pursue a better offer if you choose to decline the offer that you have received. While your attorney negotiates with the insurance company and obtains additional settlement offers, you remain in control of which offer you will ultimately accept.
Giddens Law Firm, P.A.: Helping Injured Parties throughout Mississippi Obtain Fair Settlements
If you have been injured, a Mississippi Personal Injury Attorney can help you obtain the settlement that you deserve. Your attorneys can help you to pursue a settlement that will compensate you for all of your injuries, and they are ready to take your case to trial if such an offer is not able to be obtained through negotiation. To learn more about how the Mississippi Personal Injury Attorneys of the Giddens Law Firm, P.A. can help you to recover financially for the injuries that you have sustained, please call us now at (601) 355-2022.
Giddens Law Firm, P.A.
226 N. President St.
Jackson, MS 39201