What should I do if an insurance adjuster offers a type of settlement?

What should I do if an insurance adjuster offers a type of settlement?

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Answered By: Dungan, Lady, Kirkpatrick & Dungan PLLC

Call now: (517) 783-3500

Figure they are offering 10 cents on the dollar of what the claim is worth and get a good PI lawyer.

Answer Applies to: Michigan - Replied: 5/1/2012

Answered By: PRINCIPLE LAW GROUP

Call now: (386) 626-9006

Listen to the offer and call a lawyer.

Answer Applies to: Florida - Replied: 4/30/2012

Answered By: Lapin Law Offices

Call now: (402) 421-8033

When you are offered a settlement by an insurance adjuster you need to consider whether the offer is fair or not. An offer is "fair" when it fully compensates you for your injuries and damages. You do not specify what type of injuries or damages you sustained but some of the items you may be entitled to money for, depending on your particular case, include: 1) The nature and extent of the injury, including whether the injury is temporary or permanent [and whether any resulting disability is partial or total]; (2) the reasonable value of the medical care and supplies reasonably needed by and actually provided to you [and reasonably certain to be needed and provided in the future]; (3) the wages you lost; (4) [the reasonable value of the earning capacity you are reasonably certain to lose in the future]; (5) the physical pain and mental suffering you have experienced [and are reasonably certain to experience in the future]; and (6) the "inconvenience" you have experienced [and are reasonably certain to experience in the future]. The items in brackets would be included if your injuries are permanent or if you will have future losses or expenses. I would strongly suggest contacting a personal injury attorney to discuss your case. Most offer a free initial consultation and you can get more detailed answers about evaluating any settlement offer you receive.

Answer Applies to: Nebraska - Replied: 4/30/2012

Answered By: Law Office of Faye Riva Cohen, P.C.

Call now: (215) 563-7776

You can either accept the settlement amount, you can try to negotiate a higher amount, or you can hire a private public adjuster or a lawyer to negotiate a higher amount for you, but this would involve a fee or a percentage amount. If you are friendly with a contractor you can ask their opinion of what is a fair settlement.

Answer Applies to: Pennsylvania - Replied: 4/30/2012

Answered By: Pearson, Butler, & Carson, PLLC

Call now: (801) 495-4104

There are a lot of complexities in understanding if to settle and for how much. You will never know whether you are getting a fair settlement or are being treated fairly unless you hire an experienced personal injury attorney. You should always hire an attorney.

Answer Applies to: Utah - Replied: 4/30/2012

Answered By: David Francis Law

Call now: (702) 255-0700

Tell the insurance adjuster to talk to your attorney. A settlement directly from an insurance company will almost certainly be less than it would if a personal injury attorney is involved.

Answer Applies to: Nevada - Replied: 4/30/2012

Answered By: Law Offices of Ronald A. Steinberg & Associates

Call now: (248) 932-3230

A person who represents themself has a fool for a lawyer and a fool for a client. You have already damaged your case by talking to the adjuster. The adjuster knows the law and the rules, and you don't. When you tell the adjuster what happened, you are more likely than not to say things too naively, and probably shot yourself in the foot. Before you turn a problem into a calamity, hire a competent lawyer.

Answer Applies to: Michigan - Replied: 4/30/2012

Answered By: Law Office of Gregory Crain

Call now: (501) 332-4300

You should consider and evaluate the offer.

Answer Applies to: Arkansas - Replied: 4/30/2012

Answered By: Joseph F. Hook, Attorney at Law

Call now: (401) 619-5940

There are many elements that go into your damage claim, including, lost wages, medical bills paind and suffering and permanent physical impairments. Consult an attorney.

Answer Applies to: Rhode Island - Replied: 4/30/2012

Answered By: Dwyer, Black & Lyle, LLP

Call now: (716) 373-1920

Get an attorney to tell you if it is a good number or not. Then negotiate. You can either accept or deny and counter with your demand. Good luck.

Answer Applies to: New York - Replied: 4/30/2012

Answered By: LT Pepper Law

Call now: (267) 626-7546

You should evaluate the cost of medical treatment, loss wages and any potential lien your insurance company would have against the settlement.

Answer Applies to: Pennsylvania - Replied: 4/30/2012

Answered By: The Murphy Law Firm

Call now: (469) 219-1202

If an insurance adjuster offers a type of settlement, unless you are experienced in evaluating claims, you should consult with an attorney and have the attorney evaluate the settlement offer.

Answer Applies to: Texas - Replied: 4/29/2012

Answered By: Paul Whitfield and Associates P.A.

Call now: (704) 372-8322

Negotiate. Hi ball, low ball. Just like selling a mule or a used car

Answer Applies to: North Carolina - Replied: 4/29/2012

Answered By: Mike Yeksavich

Call now: (918) 592-6050

It may sound like a simplistic answer but the only answer is to carefully consider the offer under all the circumstances of the case.

Answer Applies to: Oklahoma - Replied: 4/28/2012

Answered By: Johnson & Associates

Call now: (949) 851-6993

If it is acceptable tell them so. If not reject it. It is hard to answer your question more fully without more information.

Answer Applies to: California - Replied: 4/28/2012

Answered By: James M. Osak, P.C.

Call now: (248) 515-9807

Before accepting ANY settlement with an insurance company, it is wise to consult with an attorney first to see if you could perhaps expect a better settlement with a civil lawsuit or having the attorney try to negotiate for you.

Answer Applies to: Michigan - Replied: 4/28/2012

Answered By: Rags Beals Seigler Patterson & Gray

Call now: (706) 216-1272

If you don't like the offer, tell the Adjustor want you want and try to find something on which you both agree.

Answer Applies to: Georgia - Replied: 4/28/2012

Answered By: DEAN T. JENNINGS, P.C.

Call now: (712) 256-1400

Decide if it is enough. Counter offer the amount you think you are deserving and expect the adjuster to nickel and dime you until you finally settle for less than your claim may be worth and that is their job to beat you down as low as possible to save the insurance company money. Despite the ads on TV, insurance companies don't settle any claims if they can help it and if they do they pay as little as possible, any pretense of fairness is just that at pretense.

Answer Applies to: Iowa - Replied: 4/28/2012

Answered By: The Law Office of Harry E. Hudson, Jr.

Call now: (209) 463-9715

You either accept or reject it. There is not enough information presented for even a wild guess as to what one should do. If this is a case of injury involving more than soft tissue, medical bills less than 2-3 thousand and some minor lost wages, you should have an attorney to whom you are speaking and who can, based on the evidence, help you decide what to do.

Answer Applies to: California - Replied: 4/28/2012

Answered By: The Smalley Law Firm, LLC

Call now: (913) 601-3549

I recommend you consult with an attorney to discuss the details of your situation before accepting any settlement.

Answer Applies to: Kansas - Replied: 4/28/2012

Answered By: Kelaher Law Offices, P.A.

Call now: (407) 841-7698

Unless you consult with a personal injury lawyer, you have no frame of reference to determine what your damages are worth; typically, insurance companies never voluntarily offer the true value of your claim.

Answer Applies to: Florida - Replied: 4/28/2012

Answered By: Adler Law Group, LLC

Call now: (860) 282-8686

That would depend on what " type " you are referring to. Once you sign a release your case is over for good. The settlement must be reasonable including medical expenses , wages and pain and suffering to date and into the future. You should consult an attorney to discuss if the offer is reasonable.

Answer Applies to: Connecticut - Replied: 4/28/2012

Answered By: Quitmeier Law Firm, P.C.

Call now:

Accept it, make a counteroffer, or hire an attorney to negotiate for you.

Answer Applies to: Missouri - Replied: 4/28/2012

Answered By: David F. Stoddard

Call now: (864) 375-0000

The short answer is, if it's fair, accept it. If it is not fair, ask for what is fair. If the adjuster will not be fair, file a lawsuit. The problem is figuring out what is fair.

Answer Applies to: South Carolina - Replied: 4/28/2012

Answered By: Law Offices of David W. Hibbert

Call now: (770) 414-8055

One should evaluate the damages being settled and the offer being made carefully. Often there is only one settlement made by an insurance adjuster and it is final. Consider what motivation the insurance company has in resolving your claims as well as the long term effect the injury or damage may have upon you. Adjusters are trained professionals whose jobs depend upon maximizing profits for their employer. That's not you.

Answer Applies to: Georgia - Replied: 4/28/2012

Answered By: Lombardi Law Firm

Call now: (515) 222-1110

Accept it or reject it and negotiate or hire an attorney who is used to negotiating and pay part of it as attorney fees. Those are the basic choices. You didn't say what type of settlement so it's nearly impossible to go beyond this simple and general advice.

Answer Applies to: Iowa - Replied: 4/28/2012

Answered By: Alvin Lundgren

Call now: (801) 876-4422

Decide whether it is reasonable and fairly compensates you for your injury. Generally insurance companies offer much less than the actual damages suffered by the victim. That is why there are personal injury attorneys - they generally get significant more in their settlements than the victims.

Answer Applies to: Utah - Replied: 4/28/2012

Answered By: Law Office of Mark J. Leonardo

Call now: (310) 456-7373

Well if you are acting on your own without an attorney you need to assess on your own if it's fair. If it is to you, accept it. You can make a counteroffer too. Or, you can reject it and proceed to litigation. Settlements are purely a matter of negotiation. If you are on your own, the adjuster will likely take advantage of you. If you had an attorney, they alter their thinking and stance on most cases.

Answer Applies to: California - Replied: 4/28/2012

Answered By: The Torkzadeh Law Firm

Call now: (310) 935-1111

Depends on the type of settlement and the type of case that you have. You should not sign anything until you consult with an attorney.

Answer Applies to: California - Replied: 4/27/2012

Answered By: Paris Blank LLP

Call now: (804) 355-0691

You either accept it or reject it and ask for more. It sounds like you need a trial lawyer to advise and handle your claim.

Answer Applies to: Virginia - Replied: 4/27/2012

Answered By: Goodman & Goodman PA

Call now: (410) 685-3432

Unless you have experience with settling accident cases you have no way to evaluate the settlement offer that has been made.

Answer Applies to: Maryland - Replied: 4/27/2012

Answered By: Oliver Law Office

Call now: (614) 220-9100

You must have a value in mind for your claim and then choose whether to accept the insurance company's offer or reject it. If you do not feel the offer is fair and reasonable, you will most likely need to file suit and hire an attorney to help.

Answer Applies to: Ohio - Replied: 4/27/2012

Answered By: Koning & Jilek, P.C.

Call now: (269) 343-1500

You should call a lawyer. Insurance companies almost never offer a fair settlement unless the plaintiff is represented by a lawyer.

Answer Applies to: Michigan - Replied: 4/27/2012

Answered By: Shaw Law Firm

Call now: (425) 214-4946

What type of settlement? An offer to settle your claim is usually some amount of money. If you feel that it compensates you for however you were damaged, then you should probably accept it. If not, then you should ask for more, or engage the services of an attorney who has experience working with insurance companies to facilitate the payment of claims.

Answer Applies to: Washington - Replied: 4/27/2012

Answered By: Downriver Injury and Auto Law

Call now: (734) 307-3800

You can negotiate. Their job is to pay you less than it is worth.

Answer Applies to: Michigan - Replied: 4/27/2012

Answered By: Bulman Law Associates PLLC Injury Law Firm

Call now: (406) 721-7744

Take the offer if it covers your damage.

Answer Applies to: Montana - Replied: 4/27/2012

Disclaimer: The responses above do not form an attorney-client relationship. These answers may or may not apply to you and should not be relied upon as legal advice. LawQA does not make any representation as to the expertise or qualifications of this attorney. These attorneys may or may not be admitted to state bar of your state.

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