Personal injury claims are complex, especially when you’re already grappling with the emotional and physical impact of an injury. At our New Hampshire personal injury law firm, we often encounter the troubling question, “What should I do if the insurance adjuster gives me a low-ball offer?” This is a genuine concern, requiring a comprehensive explanation.
Understanding the Low-Ball Offer
A “low-ball” offer refers to an offer from the insurance company that’s far below what might be considered reasonable compensation for your injuries. Such an offer may not cover your medical bills, lost wages, pain, suffering, or other rightful damages. Here’s an insight into why this might occur:
- Insurance Company: Some insurance companies are more aggressive than others, and will use company-wide policies or mandates to low-ball victims. They know that a certain percentage of victims, especially those without lawyers, will take the low-ball, or fold quickly, potentially saving the insurance company millions of dollars in claims.
- Insurance Adjuster: Their primary goal is to save money for their company, and to meet performance standards. Some insurance companies may directly or indirectly reward adjusters who settle cases for lower figures.
- Tactics and Strategies: Often, the first offer is intentionally low to test your understanding of your claim’s value or to encourage a quick settlement.
What You Should Do: A Step-by-Step Guide
- Stay Calm and Respectful: It’s essential to recognize that this is a negotiation. Respond calmly and politely, requesting a thorough explanation for the low offer.
- Gather Evidence: Assemble all pertinent documents, such as medical records, bills, repair costs, and other evidence that supports your claim’s worth.
- Consult with a Personal Injury Attorney: Seek professional legal advice. A seasoned attorney can assess the offer’s fairness and advise you on the best course of action.
- Negotiate: If you choose to negotiate on your own, counter the offer based on your understanding of the damages. Use evidence to clarify why their offer is unacceptable.
- Consider Legal Action: If negotiations falter, legal action may be necessary. A skilled personal injury attorney can make this process less intimidating.
How Our Firm Can Help
At Cohen and Winters, we recognize the uniqueness of each case and the need for personalized care. Our dedicated team is committed to ensuring fair treatment from the insurance company.
Our experienced team offers:
- Case Evaluation: We’ll thoroughly review your situation and help you understand what a reasonable settlement might entail.
- Negotiation Handling: By allowing us to negotiate for you, you’ll have an expert who knows the tactics often used by insurance companies.
- Court Representation: If court action is needed, we stand ready to fight zealously for the compensation you rightfully deserve.
Additional Considerations
- Long-term Implications: Consider the future expenses related to your injury. A low-ball offer may not cover long-term medical treatment, therapy, or other future costs.
- Emotional Support: Navigating through an insurance claim can be draining. Having legal support means you’re not facing this process alone.
An insurance adjuster’s low-ball offer doesn’t need to be the final word. Through methodical action and professional legal guidance, you can work towards a just settlement that adequately reflects your injury’s true cost.
Our New Hampshire personal injury law firm stands ready to answer your questions, provide support during this challenging period, and strongly advocate for your rights. We encourage you to reach out for a free consultation, ensuring that you’re not settling for less than you rightfully deserve.
By understanding the insurance adjuster’s motives and being prepared to respond strategically, you can turn a stressful situation into a positive outcome. Knowledge, evidence, and expert guidance are your allies in ensuring that the injury’s impact on your life is fully recognized and adequately compensated. Contact us today, and together we’ll work toward the justice you need and deserve.
