Should I Settle My Car Accident Claim?

Red car with dented door and front fenderIf you’ve been in a car accident, you may be surprised at how quickly the insurance company has offered to settle your claim. Unfortunately, many people don’t understand that they are releasing the insurance company and the other party from any future claims if they accept the offer. Whether and when to settle your claim are critical questions with answers that can have a radical effect on your future. 

Founded in 1992, the car accident attorneys at Slappey & Sadd have extensive experience in helping accident victims settle their claims. We fight for your rights so that you receive the compensation you deserve, instead of some lowball amount offered by the insurance company. If you would like some guidance with your car accident claim, call us at 1-888-474-9616 or send us an email to schedule a free consultation with one of our personal injury lawyers. 

Understand the Insurance Company’s Game

When the insurance company makes an offer of settlement, they are typically looking to limit the amount they will need to pay on your claim. It’s often the case that they are attempting to settle your claim for thousands of dollars less than what they may otherwise be required to pay. Reducing the amount paid on claims protects the insurance company’s profitability. 

As mentioned above, the insurance company also wants to prevent any future expenses related to your claim. If you accept their offer, you will not be able to get compensated for any further medical treatment or other losses that later arise. 

Are You Confident that You Will Have No Further Expenses?

It’s quite common for many injuries to become apparent several days or even weeks after the accident. Alternatively, you may have suffered an injury that turns out to be much more serious or difficult to treat than you expected. You may wind up missing a lot of work and suffer a significant loss of income. If you’ve already accepted the insurance company’s offer, you will not be able to pursue compensation for these losses. 

What About Pain and Suffering? 

Insurance companies are often eager to settle for specified dollar amounts but balk when presented with intangible losses. It’s critical to understand that, under the law, you are entitled to be made whole. That means that you can seek compensation for your pain and suffering. For example, you may be entitled to compensation for the following: 

  • Physical pain and suffering
  • Loss of sleep
  • Inability to enjoy or perform common activities or hobbies
  • Depression, anxiety, or PTSD

The pain and suffering caused by your accident can be significant and should be taken into account when deciding whether to settle your account. 

Call Slappey & Sadd Before Settling Your Car Accident Claim

Our personal injury attorneys work with accident victims in the Atlanta area and across the state of Georgia. Don’t let the insurance company off the hook for the compensation you deserve. We can help you understand your options and recover the compensation you need to get your life back. If you’ve been injured and need someone on your side, call us at 1-888-474-9616 or contact us online to schedule a free consultation and learn about how we can help you.

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