SAY NO TO INSURANCE COMPANY’S QUICK SETTLEMENT OFFER
The other driver’s auto insurance will sometimes call and offer you a quick injury settlement after a car accident.Usually, they will offer to pay you $250 to $1,000, in addition to paying for your vehicle damage.The extra money is ‘just for you.’ However, be aware. If you agree to an early settlement and take the money, you can’t go back on it later. In other words, you can’t go back to them later if you were more injured than you thought.
Our car accident lawyers have seen many cases where someone takes a settlement after an accident and later realizes they were more hurt than they thought.If you are considering a quick insurance settlement offer after an auto accident, tell the insurance adjuster you need to think about it. Wait a month after the crash to make sure you are not more hurt.
TALK TO AN ATTORNEY BEFORE AGREEING TO SETTLEMENT
You should also consider talking with an attorney first. Most good MN car accident attorneys will give you a free consultation to discuss the settlement offer before you make a decision. Our MN Car Accident lawyers have seen quick early settlement offers like this made by Progressive Insurance, State Farm, Allstate and several other auto insurance companies as well. Often, the insurance company’s settlement offer is not at all fair given the situation or future risks.
We think a law should be passed in Minnesota that prevents these quick settlements until at least a month after the accident. Another solution would be to make settlements revokable for 90 days.Unfortunately, we have not even seen such a law proposed so far.
If you are in a car crash anywhere in Minnesota, call us and speak with a car accident lawyer about your situation. We will answer your questions and explain your rights to you. The primary purpose of our lawyers is to protect your rights and make sure you get the compensation you are entitled to.
Click here foran earlier article we wrote on this subject with more information.