Do Not Accept Immediate Car Accident Settlements from an Insurance Company

You’re driving responsibly when suddenly a reckless driver rear-ends you. You’re now injured, unable to work, and facing mounting expenses. Who will cover your medical bills? How will you pay your rent or mortgage now that you can’t work? Just as these worries set in, your phone rings. It’s an insurance adjuster from the at-fault driver’s insurance company, and they have “great news”—a quick settlement offer of $3,000. All you have to do is sign the paperwork, and the money will be in your account.

While this offer might seem like a lifeline, it’s likely much less than what you truly deserve. Accepting this lowball offer means forfeiting your legal rights to pursue fair compensation later.

Why Insurance Companies Make Low Offers

Insurance companies aim to minimize their payouts. They know that accident victims are often vulnerable and in distress and may accept a low settlement without realizing the true value of their claim. Their goal is to close the case quickly and cheaply before you have time to assess your total damages or call a lawyer.

Calculating the True Worth of Your Injuries

To determine whether the settlement offer is fair, you need to calculate the full extent of your damages. Compensation includes:

1. Economic Damages: Easily quantifiable losses such as medical bills, lost wages, rehabilitation costs, and property damage.
2. Non-Economic Damages: More subjective losses like pain and suffering, emotional distress, and loss of future earnings.

While economic damages can be calculated with bills and receipts, non-economic damages such as pain and suffering require expert assessment. A personal injury attorney can help determine the full value of your claim.

The Risks of Settling Too Early

While settling early might seem convenient—avoiding legal fees and getting money faster—it can be a costly mistake. Here’s why:

1. Your injuries may not fully heal, and long-term medical costs could be higher than expected.
2. If you develop complications later, you won’t be able to seek additional compensation.
3. Once you accept a settlement, you waive your right to sue the insurance company for further damages.

Waiting until you have a clear understanding of your medical condition ensures you receive the compensation you truly need.

Don’t Be a Victim Twice – Call 1-800-Victim2 (1-800-842-8462)

If you’re involved in an accident and the at-fault party’s insurance company offers a quick settlement, don’t accept it. Don’t Be a Victim Twice! That’s our motto. Call 1-800-Victim2 (1-800-842-8462)

The experienced New York City accident lawyers at Greenstein & Pittari, LLP are committed to helping you recover the compensation you deserve.

Call 1-800-Victim2 (1-800-842-8462) today for a free, confidential consultation.

1. The call is free.
2. The consultation is free.
3. You don’t pay us unless we win.

That’s our “Fee Guarantee: No Fee Unless Successful!” Let us fight for your rights and help you get the justice you deserve.