After a serious injury, you’re probably thinking about the insurance company and your options to settle with them. The problem is, you may have contacted them and received a low settlement offer. This won’t cover the costs of your injuries and losses, so what can you do? 

A low settlement offer isn’t the end of your claim. You can still speak with a lawyer to improve your settlement offer or take your claim to court. Your lawyer can guide you through the steps to a successful claim. 

Why Is My Settlement Offer So Low? 

Your accident may have left you with a lot of expenses and trauma. Injuries like head trauma, spinal cord damage, and bone fractures can be tough to pay for without help. Your settlement should cover the entirety of your losses associated with the accident.

If your settlement is low, your insurance company may not have counted all the losses you’ve suffered. You and your lawyer may need to speak with the insurance company about the losses you suffered and what they’re really worth. 

In other cases, it may be because the insurance company is trying to protect its own interests. Insurance companies are for-profit businesses with entire departments dedicated to denying and underpaying claims to preserve its bottom line. Because of this, you may have received a low settlement offer, or the company may have denied your claim all together. 

Don’t Accept the Offer—Talk to a Lawyer 

But that doesn’t mean you have to accept their response. You have an opportunity to work with a lawyer before you ever speak with the insurance company about your settlement offer. 

For example, your lawyer can help you prepare a demand letter that outlines all your losses caused by the incident. Demonstrating to the insurance company you understand the worth of your claim and are not going to settle for pennies on the dollar. 

Still getting a denial? Your lawyer can help you file a lawsuit. Your insurance company may have breached its contract with you by refusing to compensate you, which means you may be due further compensation for its actions. 

Get Compensated Fairly After an Accident 

When you’re hurt in a serious accident, your settlement should cover the costs of your losses including your suffering. You may need a lawyer at Kooi Law to step in and help your claim succeed. Take the opportunity of a free consultation to discuss your case. 

Call us now at 317-569-1335 or filling out the online contact form below for your free consultation.