Car Accident Settlement Offers

Answer:

People often ask me, “Is it okay to accept a Virginia car crash settlement offer at the first offer step?” Normally, insurance companies are sophisticated enough to know that if they offer a quick payment for a low sum, that it’s far more likely an injured person will accept that offer without understanding the consequences. For example, when you take that offer, that is the only money you get from the case, regardless of what happens to your injury or your recovery process after that date.More importantly, the offer is usually extraordinarily low. It probably only covers your medical expense and a few hundred dollars for what they call compensation for other things. They don’t go into the details of all the days that you suffered with headaches, back pain, or neck pain as a result of the crash, or explain to you what the value of those components might be, because they’re harder to value than the actual dollar amount of your bills or lost wages. Don’t take the first offer. It’s far better for you to retain an attorney and thoroughly evaluate your case, because it may be worth much more than what any insurance company is willing to offer you within a week or two after the crash.