Should I Accept An Insurance Settlement?
If you have been injured in an auto accident, you may meet a smiling insurance adjuster, check in hand, offering you an immediate settlement of your case. While the check may seem tempting, accepting it could be a costly mistake.
At the law firm of Aaron & Aaron in Clemson, South Carolina, our lawyers offer a free initial consultation to evaluate your case and answer your questions. We offer this consultation without any obligation to hire us.
What Happens If I Accept The Settlement?
A car accident can put a family under a great deal of financial stress. You may assume that the settlement is simply a good-faith gesture on the part of the insurance company to cover your immediate bills. Unfortunately, this is not the case. The insurance company will ask you to sign a release. Signing this release may bar you from obtaining any further compensation, regardless of how serious your injuries turn out to be.
Insurance companies offer settlements with the hopes that you will take the quick cash and absolve them from any future liability. Unfortunately, at the beginning of your case, you will not know how the injuries will affect you down the road. Will you need future surgery? Will you end up with a permanent impairment?
It is important not to settle your case until you reach what is known as maximum medical improvement. This means that you have either recovered from your injury or you will not get any better. Only then will you know the full cost the accident.
Learn More: Getting medical bills paid after an accident.
Contact Our Clemson Accident Insurance Settlement Attorneys
You've already been hurt once. Don't let the insurance company injure you a second time. To schedule a free consultation, call 864-271-5545 or complete our contact form today.