Sponsored content from Thomas J. Henry Law
Published 3:55 pm CDT, Friday, May 17, 2019
Suffering injuries is painful enough without having to deal with insurance companies. This pain is especially true when an insurer provides a low-ball offer for your injuries. So, how should you respond to a low settlement offer from an insurance company?
Take Some Time to Analyze the Offer
As soon as you receive a low offer from your insurance company, your first response might be to lash out and react angrily. This knee-jerk reaction is the last thing you should do. Instead, take some time to calm down so that you can think clearly and calmly. When you respond quickly, you are putting your future relationship with your insurer at risk. This step is essential, as usually, these lower-than-expected offers are a starting off point for future negotiations.
Respond to the Offer in Writing
Once you decide an offer is too low, you need to write to the insurance company to explain your reasoning. Speak to the insurance adjuster to get a sense as to why the offer was so low. Once you have this information, you can formulate a response that is courteous and counteracts the answers the adjuster provided.
In your reply, you should always try to emphasize the emotional aspects of your case, and why these circumstances warrant a larger settlement. Perhaps, for instance, the initial offer fails to take into account all the information about your injuries or does not include time off work.
Make a Counter-Offer
Once you state your reasons for rejecting the initial offer, make a counter-offer you think you are due. It is essential, however, to ensure your counter-offer is reasonable, both to what you believe you deserve and what the other party can likely afford to pay. Making outrageous and extravagant demands may seem like the best way to counter a low offer, but once again, it is not a great way to foster a good working relationship with an insurance company. Once the insurance company receives a counter offer, they may accept, or they may make further offers until both sides settle.
Contact an Experienced Personal Injury Attorney
When dealing with a settlement offer, one of the smartest things you can do is talk with an experienced personal injury attorney. A knowledgeable personal injury lawyer can help you understand all aspects of your claim, where the insurers are playing hardball, and what type of settlement you deserve.
If you suffer injuries and face the prospect of dealing with insurance companies over a settlement, make sure you contact one of the largest personal injury firms – not only in Texas but the entire United States. Thomas J. Henry has the experience, expertise, and determination to get their clients the large settlements and verdicts they deserve. We serve clients across the country and are available 24 hours a day, seven days a week. So, if you’ve been injured in an accident, don’t fall for flashy gimmicks. Call the personal injury experts at Thomas J. Henry today at 361-221-5053.
Editor’s Note: This content is made possible by Thomas J. Henry Personal Injury Law. It is not written by and does not necessarily reflect the views of The San Antonio Express-News’ or mySanAntonio.com’s editorial staff. Learn more about our advertising products at www.hearstmediasanantonio.com.
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