Insurance
companies will try to keep the costs down, so one of their tactics in
dealing with personal injury claims is making a low first offer. Some
claimants might accept the first offer because they are in need of
money for their treatments and recovery, especially if they are not
able to go to work or they are the breadwinners of their family.
But
what if you think your case is worth more than what your insurance
company is offering? Should you negotiate and drag it out or just
accept the first offer? The thing about accepting the first offer is
that hard and fast rules are nonexistent. Often times, the first
offer is only 30-40% of the real value of your claim. However, taking
things to court and going through a litigation battle can be
stressful and time-consuming. When you need the money already to pay
for your expenses and medical bills, it doesn’t seem good to wait.
What
you should do instead is talk to Coquitlam personal injury lawyers
first. It is important to get legal advice from personal
injury lawyers in Coquitlam
who will be able to determine whether you should accept the first
offer or negotiate further. Since your insurance company will also
avoid a costly litigation battle, they would be more willing to
negotiate if you have legal representation.
If
you just received your insurance company’s first offer and you
don’t think the offer is fair, you can talk to lawyers at Learn
Zenk Barristers & Solicitors first.
