Is the Car Accident Settlement Offer Enough?

Is the Car Accident Settlement Offer Enough?

Is the Car Accident Settlement Offer Enough?

If you have been injured by another driver’s negligence, such as impairment or exhaustion, you are facing a difficult path forward, and receiving an early settlement offer from the insurance company can feel like the answer to at least some of your problems. Accepting an early, lowball settlement offer before you’re aware of the full extent of your losses, however, can set you up for serious financial and physical challenges ahead. Before accepting a settlement offer from the insurance company, it’s always in your best interest to consult with an experienced Beverly Hills car accident attorney who is well acquainted with your unique claim.

The Insurance Company’s Position

The insurance company handling your claim is in business for one reason, and that is to make money. One tactic at its disposal for keeping settlements low is by making early offers that desperate claimants are willing to accept before they’re fully aware of the complete range of losses they’ve experienced.

Assessing Your Losses

In order to land on a fair settlement amount, you’ll need to carefully assess the covered losses you’ve experienced as a result of the other driver’s negligence, including:

  • Property damage to your vehicle
  • Medical bills that may be ongoing and may need to address related medical expenses you’re likely to incur in the future
  • Lost earnings that may need to address a decrease in your earning potential
  • The physical and emotional pain and suffering you’ve been forced to endure

Now Is the Right Time to Call an Experienced Beverly Hills Car Accident Attorney

The adept Beverly Hills car accident attorneys at Jalilvand Law recognize how important obtaining fair compensation is to your future and have considerable experience deftly guiding complicated claims like yours toward optimal outcomes. Your recovery is key, so please don’t hesitate to contact or call us at 310.478.5800 for more information today.

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