Responding to a Low Settlement Offer from an Insurance Company
After an auto accident, you likely know you need to file a claim with the insurance company to recover compensation for your damages. It also likely doesn’t come as a surprise that dealing with insurers can be difficult and frustrating.
If the insurance company comes back to you with an offer that is far less than what you deserve, knowing how you should respond to a low insurance settlement is crucial. The steps you take will play a significant role in the final outcome of your case.
To help you figure out what you should do, the attorneys at Kohan & Bablove, LLP have outlined some important information below.
Steps to Take After Receiving a Lowball Offer
After receiving your offer, you may initially feel overwhelmed and frustrated. However, try not to let your emotions get the best of you. The insurance company is still a business, after all, and it’ll do everything it can to protect the bottom line.
Instead of reacting with anger, you can work with your attorney to put together a letter and counteroffer. Go over why you don’t find the settlement offer acceptable and what you feel your claim is actually worth. Then, provide detailed evidence to support your reasoning.
Your attorney will work with you to fairly evaluate your claim and find sound evidence to prove why you deserve more. We’ll also help you word the documents so they hold up in court, if need be.
Contact an Orange County Car Accident Lawyer
Knowing how to respond to a low settlement offer from an insurance company can make or break your case. To avoid additional stressors and increase your chances of finding a favorable outcome, you can turn to our team at Kohan & Bablove, LLP.
Our lawyers are highly experienced in negotiating with insurance companies, and we will do everything we can to obtain a settlement that fairly accounts for your damages. If you’re ready to get started, get in touch with us today. Give us a call at 1-844-404-2400 or fill out our online contact form at the bottom of the page to schedule a free initial consultation.