live chat
free consultation

Alabama Calls Me

Alabama Calls Me
A Reputation for Getting Results
    • 15 Million

      Car Accident Verdict

    • 11 Million

      Car Accident Settlement

    • 2 Million

      Car Accident Settlement

    • 1.65 Million

      Premise Liability Settlement

    • 1.6 Million

      Truck Accident Settlement

    • 1.2 Million

      Car Accident Settlement

    • 1 Million

      Car Accident Settlement

    • 850 Thousand

      Truck Accident Settlement

Contact Us

No Fees Until You Get Paid

Responding to a Low Settlement Offer from an Insurance Company

After an accident, your first step is likely to seek help from your insurance company. Your policy is supposed to cover your expenses after an injury, right? Unfortunately, that’s not always the case, and you might be stuck wondering how to navigate a low settlement offer.

Many of us have trouble responding to a low settlement offer from an insurance company. You might believe that you don’t have another option other than accepting. But, with the help of a lawyer from the Henry Dailey Law Firm, you have the opportunity to combat that first offer. We’ll work diligently to get you the full settlement you deserve.

What Is Your Settlement Worth?

Before you accept any settlement offer, you’ll need to determine the total value of your claim. Your insurance company is a for-profit business that prioritizes profits more than compensating you for your injuries. As such, your insurer might try to offer you less than what your claim is worth.

To determine whether you were offered a reasonable settlement, you’ll need to calculate all of the losses you’ve suffered because of your injury. These losses should include any financial damages, such as medical expenses and any lost wages from time spent away from work during recovery. These should be simple to calculate quickly.

You should also receive compensation for non-economic damages. These losses cover the mental and emotional toll of an accident, such as the pain and suffering or mental trauma you’ve experienced as a result of your incident.

Because these damages are intangible, though, you might have some difficulty calculating their value on your own. If you’re struggling to determine your claim’s worth, reach out to an attorney for help finding the true and total cost of your losses.

Writing a Demand Letter

When an insurance company doesn’t offer you an appropriate settlement, you’ll need to fight back for the full amount you deserve.

Instead of accepting the initial settlement offer, write a demand letter. In this letter, you’ll detail your damages and what they’re worth. This letter shows that you know what your claim is worth and what your insurance coverage should pay for.

If your insurance company is still unwilling to pay your full settlement, you might need to take your claim to court. An experienced attorney can represent you throughout this process, and ensure that you’re not being taken advantage of by a profit-focused insurance provider.

Fighting a Low Settlement Offer with a Lawyer

Unfortunately, there’s a possibility that your insurance company won’t give you a reasonable offer for your injuries. Your settlement should cover the full range of suffering you’ve endured, from the financial to the emotional. You might need help responding  to a low settlement offer from an insurance company.

An experienced personal injury attorney from the Henry Dailey Law Firm can help. Beginning with a free consultation, we’ll review your unique claim, explain the claims process, and walk you through how we’ll build a strong case in your favor. This happens before you sign anything, so it’s a no-obligation offer for you.

If you’re concerned about a low settlement offer, reach out for help by calling 205-995-2412 or by completing the online form below.

chat

Start live chat with our team?