You may have heard various things about insurance companies, one of them being how they like to play dirty tricks to lower your compensation. One of their common tricks is wanting to settle right after an accident.
Even though it may seem tempting, you should never settle for the first agreement offered to you. It may seem like an easy way out of a legal case, but you will regret it later when you find out that you were scammed. To make sure you do not make mistakes like accepting a lower amount than you deserve, hire a car accident attorney Huntington beach.
Why do insurance companies want to settle right after an accident?
Let us get one thing straight: insurance companies are not your friends. Despite their sweet words and nice behavior, insurance companies only look out for their profit, not for your benefit. Now, one question you may have is why the insurance company offers you a settlement right after an accident if they do not want the best for you.
This is because insurance companies are hoping to catch you in your vulnerable state and trying to make a deal with you before you even get the chance to understand the extent of your injuries and other damages. Once you get your injuries checked by the doctor, the reports will instantly tell you how much medical expense you need. This is exactly what insurance companies do not want.
Insurance companies do not want you to know the real amount of your injuries because then they would have no choice but to pay the true amount.
Why agreeing to the first settlement offer would be your biggest mistake?
As mentioned in the previous section, the first settlement made to you is often a scam. It is way lower than the amount you actually need for your medical treatment and to cover the other damages. You may want to avoid lengthy claims processes or lawsuits, so you may want to accept the first offer. But, it will cost you later.
After a Huntington Beach car accident, the biggest mistake you can make is accepting the other party’s insurance offer without consulting your attorney first. Your attorney has been handling cases like yours all their life, and they know a good settlement offer when they see one. You should only accept the offer if your attorney gives you the green signal.
Are you sure you are okay?
You may be tempted to accept the money you get offered because you believe that is all you need to cover your injuries. However, you never know the real extent of your injuries without a medical diagnosis. Some internal injuries may take weeks or even months to show symptoms. You should not wait for your injuries to show before taking action.
To read more on topics like this, check out the Lifestyle category