What to do about a settlement offer that I think is too low?
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What to do about a settlement offer that I think is too low?
I was in an accident 3 months ago in which I received injuries that resulted in my spending the majority of the past 3 months going to my chiropractor 3 times a week. I recieved a settlement letter yesterday stating that they would pay me $2100, which included the medical bills and general compensation which amounted to $1085. I attempted to counter offer with $2100 and my medical bills seperate. Instantly I was told that they could not even entertain my offer. What exactly does that mean?
Asked on August 20, 2013 under Personal Injury, Missouri
Answers:
Christopher Earley / Law Office of Christopher Earley
Answered 10 years ago | Contributor
It means they are taking advantage of you because they know you don't have a lawyer and therefore have no incentive to pay you what is fair. Before dealing with the insurance company in any way again, at least get a free consultation with a personal injury lawyer to talk the case over, before you settle for less than what the claim is worth.
Chris Earley
617 338 7400
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