Have You Received a Low Settlement Offer?

Are you tired of negotiating with the insurance company over a low settlement offer?

Getting injured in a car accident is one of the worst things that can happen to anyone. The injuries, vehicle damage, property damage, medical bills, repair bills, lost wages, and the pain and suffering makes the experience overwhelming. The victim then must negotiate with the insurance company to receive the damages that he or she deserves. In most cases, the car accident claim process begins once the victim has gathered all information about medical bills and other expenses asks for a settlement offer in writing.

Making Negotiations on Your Own

The victim sends a formal demand letter to the person or party responsible for the accident and any injuries and damages. The insurance company then responds to the demand letter with a counter offer. However, in many cases, the settlement offer made by the insurance company is too low to cover the losses. A victim may choose to negotiate a car accident claim on his or her own, or to hire an experienced St. Louis car accident attorney to handle the claim in a professional manner.

Although a victim may feel that he or she can handle the negotiations and communications, it is important to realize that the insurance company is far more experienced and adept at such negotiations. To ensure that you receive all the damages that you deserve, it is important for you to have a competent St. Louis car accident lawyer by your side. A lawyer understands how the insurance companies work and act. The lawyer can take care of all the documentation, communications, and negotiation on your behalf, leaving you with time and energy to focus on recovery and other important tasks.

Using a St. Louis Car Accident Attorney

Once the insurance company has made a low offer and you have hired an attorney to take over the case, the attorney will first analyze the offer and see if it compensates for all of the damages. The lawyer will then write a formal response and speak with the insurance adjuster to understand the reasons for the low settlement offer. The lawyer will provide detailed information on medical bills, expenses, and other information that may be relevant to the case. The lawyer will also formulate a reasonable counteroffer after examining the amount that you deserve and what the party at fault can pay. You can expect a series of offers and counteroffers, but with a lawyer handling everything on your behalf, you can stay assured that your legal rights and interests are protected.

If you have been injured in an accident, and the insurance company has made a settlement offer that is too low to cover your losses, it is in your best interest to hire the services of a competent St. Louis car accident attorney.

Call The Hoffmann Law Firm, L.L.C. at (314) 361-4242.