When you get into a car accident, one of the topics of concern becomes the legal claim and settlement offer. You want to make sure that the other party pays you for all of your losses. If you accept a low-ball offer, you won’t be able to cover your expenses later and find yourself paying out-of-pocket. There are ways to determine if the offer was low.
You can tell an insurance adjuster is lowballing by how quickly he wants to settle or the way he rushes to close the case. The insurance company does not have your best interests at heart. They would not care if the funds they offer fall short later. This is why it is important to hire a car accident attorney in Las Vegas.
Signs you have been offered a lowball settlement
- The settlement offer arrived quickly.
After an accident, it takes time to investigate the case and find out the actual estimation of the damages. If the insurance company comes up to you and offers a settlement right after the accident, it is not because they care about you but because they are trying to make the case “go away.” A quick offer also means that they are trying to get you to sign the papers before you have had a chance to speak with your attorney.
- The insurance company ignores the evidence.
A settlement offer should always be offered based on evidence that proves the damages you have incurred because of the accident. Evidence helps in understanding how much compensation the victim party deserves. If the insurance company is ignoring the evidence– including the photographs of the accident, your medical reports, and other important documents, it means that they are trying to lowball you.
- You do not get a detailed structure of the settlement offer.
When it comes to a settlement offer for a car accident, it is important to understand the structure of the offer fully. If you do not receive a detailed explanation of the offer, it is likely that the insurance company is trying to lowball you. A fair offer includes explanations backed up by solid evidence and documents. Without this information, you may not be able to understand which damages were included and excluded in the offer.
- They downplay your injuries.
When you try to explain your injuries to the insurance company, they may try to downplay it by saying that you had a pre-existing injury. They may even try to get you to sign a medical release to get access to your medical history. Do not sign any documents before speaking to your attorney.