What Are the Risks of Settling a Car Accident Claim Too Quickly?

paper that says insurance policy with mini car and money

Being injured in a car accident you are not responsible for can be incredibly devastating, as you may sustain severe injuries that impact the rest of your life. However, in an attempt to recover compensation to pay your medical bills, you may accept the first offer the insurance company provides. Unfortunately, settling a car accident claim too quickly can have incredibly damaging consequences. Unsure how to proceed if you’re seeking compensation? The following blog explores why you need a Baltimore County auto accident attorney to help you through these complex matters.

Why Should I Avoid Settling a Car Accident Claim Too Fast?

Though you may be excited to accept the offer from the insurance company to help pay your medical bills, you should never accept the first offer. In many instances, insurance adjusters understand the financial strain a car accident can place on victims, so they will offer considerably less than the claim is worth. As such, you may not even receive enough funds to cover your medical bills, let alone any future costs you incur or non-economic damages sustained.

Additionally, if you discover after settling that your injuries are more severe than initially believed, you are barred from pursuing further compensation. As such, you will be unable to recover more funds from the insurance company for the injuries you endured during the collision, leaving you struggling financially.

As such, it’s in your best interest to wait until you understand the full extent of your injuries before pursuing compensation, as you’ll want to ensure you receive the best outcome possible.

How Can a Lawyer Help Me?

Navigating a personal injury claim following a car crash can be incredibly overwhelming. Not only are you dealing with doctor’s appointments and managing your injuries, but speaking to insurance agents can be frustrating. As such, letting an experienced attorney handle the legal complexities of this matter is critical.

Unfortunately, insurance companies take advantage of those who do not have legal representation. This is because a lawyer would be able to advise their client not to accept the subpar settlement. However, insurance companies understand that those without a lawyer may not know what their claim is actually worth, meaning they can offer less than they deserve.

Working with an attorney will give you the best opportunity to recover the compensation you deserve. Not only can your lawyer adequately determine what your case is worth, but they can help negotiate a fair settlement on your behalf.

As you can see, lawyers play a pivotal role in protecting clients from predatory insurance adjusters. As such, it’s imperative to connect with an experienced attorney from the Law Offices of Markey & Orsi. Our dedicated team understands how complex these matters can be, which is why we’re ready to assist you through these matters to recover the compensation you deserve. Contact us today to learn how we can help you.

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