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Should You Accept a Car Accident Insurance Settlement?

Following a car accident injury, it can easily become stressful to watch your medical bills mount as you cannot work during your recovery. If the insurance company of the driver who caused the crash offers you a settlement check, you might be tempted to take it, so that you know you will have at least some funds to cover your losses. However, if you accept an offer right away without the advice of a car accident lawyer in Los Angeles, you will likely be leaving a significant amount of money on the table.

Insurance companies often offer quick settlements hoping that claimants accept them – even though the settlement amount is far less than the claimant deserves. This is all-too-often successful, and claimants who accept inadequate settlements sign away their rights to seek additional funds later on. These claimants are left to cover the rest of their losses out of their own pockets.

What Should You Do if You Receive an Insurance Offer?

If an insurance company reaches out and makes a settlement offer, you should go over the offer with an experienced attorney. The right lawyer can review your losses and advise you whether the offer is sufficient or not. If not, they can negotiate with the insurance company for the amount you truly deserve.

Always remember that an offer is not final, and there are options if you believe a settlement offer is too low. If you rush to receive a check, you could find yourself unnecessarily responsible for many costs stemming from the accident.

Contact a Car Accident Lawyer in Los Angeles Today

After a crash-related injury, speak with a Los Angeles car accident lawyer at the Broadway Law Firm. We help with every step of the insurance and legal process, so call 213.351.7129 or contact us online for a free consultation.

This post is also available in: Español

Reviews

“I reached out to Broadway Law Firm regarding a personal injury claim. The Attorney who took my case was Mark. I would definitely recommend Mark. He has the experience necessary to win your case and get you the highest compensation. Thank you Broadway Law Firm I couldn’t be happier.”

Fernando Vasquez

Client

“I had interviewed 12 lawyers before hiring the Broadway Law Firm. My case got affected by the pandemic and it was an extremely stressful and difficult time. Most of the other lawyers treated me like earning potential and gave me the rates I could not afford, without any promises to win my case. Once I talked to Mark Kiran I had hope. I was then represented by Anthony Catena who always was very professional and treated me with respect. He didn’t drug my case, made sure I don’t accumulate unnecessary charges, and was a great support during the most stressful time in my life. He won my case, got my son back to me AND got me some money back from my ex to pay my legal fees. I am beyond grateful for their work and support. If you are looking for a legal representation don’t waste your time and call them, they got you.”

Olesya Golub

Client

“Marc put my mind at ease thank you.. sometimes it takes a little phone call to put everything into place”

Damesha Flowers

Client

“They are very helpful with their free consultations. They receptionist takes the time to listen and determine if theirs anything they can help you with. The receptionist refered me to my Attorney Mark. He is definently the Attorney you want on your side. I highly recommend calling them and getting a free consultation. Thank you Mark.”

Crystal Lazos

Client

“They were able to handle my injury case in a timely matter. I was kind of reluctant to deal with any kind of lawyers because of the horror stories I’ve heard. However the people at Broadway Law Firm we’re always able to help out and provide information. It kept me at comfort knowing I can call whenever and if any changes presented themselves Mark would call me back as soon as possible. Mark was my attorney and took direction . He got me the settlement I wanted and needed. This whole experience was a walk in the park.”

Vero Lasos

Client

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