Should I accept an insurance company’s initial offer?
Have you suffered a serious personal injury in an accident in the city of New York? One of the questions you might have is, “If I’m offered money, should I take that first offer?” The answer is, no, you don’t want to take that first offer. You certainly don’t want to take that offer if it’s made before you’ve spoken with an attorney. Typically, the first offer is going to be your lowest offer. As an attorney, we have a good idea as to where a case should be in terms of value, and we also have a good sense over time and experience as to where the insurance companies may be going in terms of a final offer. You don’t want to take that first offer. If you don’t have an attorney yet, my suggestion is that you hire one because they will know exactly what needs to be done to get you the most that you could get.
Were you or a loved one seriously injured and have questions about personal injury settlement offers? Contact our New York personal injury lawyer at The Law Offices of Brian J. Elbaum today for a free confidential consultation. Let our experience work for you.
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