Should I Accept the Auto Insurance Company’s Offer?

How to Determine if an Offer is Best For You

You’re driving down Central Ave when, all of the sudden, another car t-bones yours. A witness says that the other driver flew through a stop sign. As a result, you’re injured.

The ambulance takes you to the emergency room and you’re admitted. Hours later, the physician approves for you to be discharged. You decide to rest for the remainder of the day and plan to call your insurance company in the morning.

Before you even get to the couch, your phone rings. It’s the other driver’s insurance company. The auto insurance adjuster begins firing questions at you, wanting to know exactly what happened, the details of your vehicle, who your insurance company is, and whether you’re hurt.

A couple of months later, the insurance company finally offers you $2,000.

Should you take it?

Maybe. Maybe not.

Unfortunately, the answer to that question is unique to each individual case. There are many factors to take under consideration, including:

  • The extent of your injuries caused by the accident
  • Medical expenses you’ve incurred as a result of your accident-related injuries
  • Medical expenses you’ll likely incur in the future as a result of your accident-related injuries
  • The damage to your vehicle
  • Wages that you’ve lost, because you haven’t been able to work

These are just some of the things to consider.

While your decision to accept the offer or not depends on your unique situation, we will say this:

Don’t accept the first offer from the insurance company just because you’re worn down from dealing with the claim. Insurance adjusters have several tactics to minimize payout amounts. After all, insurance companies are for-profit businesses.

Insurance companies are represented by diligent lawyers. Who do you have on your side?

At Baskerville Law, our skilled auto accident lawyer will look out for your best interests. Call or text us at (505) 247-2774 for a free, no-obligation case evaluation. If hiring a personal injury lawyer is not in your best interest for the situation at hand, we’ll let you know and give you a few tips for handling the claim on your own.

Free case evaluation