Why You Should Never Take an Insurance Company’s First Offer
If you’ve suffered an injury as the result of someone else’s negligence and an insurance company has offered you a settlement, there’s one thing you should know: Don’t take it. At least, not without talking to a California personal injury attorney.
Remember what the insurance companies are in business to
It may seem like a good settlement but remember that the insurance companies are not obligated to give you a fair settlement, they’re obligated to their shareholders. Every adjuster at an insurance company has a supervisor who encourages them to offer as little as possible. Why? Because the less the pay out in claims, the more money the company makes.
The insurance companies know that you fear a lawsuit
It’s true that insurance companies don’t want lawsuits but they work under the assumption that most claimants aren’t even going to contact a personal injury attorney. They know that lawsuits take money, stamina, and a lot of time. They know that litigation isn’t short and that injured people don’t want to wait two to three years – they want to get their settlement today.
The good news is that while the insurance company may have a team of lawyers at their side, you have someone on your side too: Law Offices of Fernando D. Vargas. Call us today at 909-982-0707 for your free case evaluation. We’ll let you know what your options are and if we both decide to move forward, then we’ll take your case on a contingency. That means we’ll cover all costs of litigation – including filing fees, expert witnesses, etc. – and you’ll only owe us if we recover a settlement on your behalf.
What you don’t know about how insurance companies deal with claims
The first thing you should understand about the ways insurance companies handle their claims is that they rarely look at the actual case. Sure, the law requires that they do, but they often ignore the law. Instead, they use computer programs to see how long an average person is injured in your scenario, and how much the average claim is for a claim similar to yours.
That means that they’ll treat a 90-year old claimant the same way they’d handle a 20-year old claimant, even though there’s no question that the average 20-year old involved in an accident is likely to sustain fewer injuries than a 90-year old victim.
Insurance companies often deny small claims
Believe it or not, insurance companies have been known to deny small claims because they believe that the plaintiff won’t bother to waste time taking them to court. They either turn them down or make offers that are significantly less than the person is entitled to. They don’t care if they do lose because the amount they lose is so insignificant to their bottom line that it’s no big deal to them.
Your case is a big deal to us. If you want to work with an attorney who will take your case seriously and fight for the best possible outcome then you want to work with Law Offices of Fernando D. Vargas. Call us today at 909-982-0707 for your free consultation.