Insurance Company Settlement Strategies

Personal Injury Law Firm Serving Pittsburgh, PA

Don’t Let the Insurance Company Rush You Into a Settlement

If you were injured due to someone else’s negligence, you are probably considering pursuing a personal injury case. Many people, immediately after an accident, are contacted by the other party’s insurance company with a settlement offer. These offers can seem tempting. You may have heard of other personal injury cases dragging on for a long time, or you may just want to put this chapter of your life behind you, take some money and be done with it.

Don’t make this mistake. As experienced personal injury attorneys, we have seen firsthand the consequences of rushing into an initial settlement with an insurance company. At DeRiso, DeRiso & Suher, Attorneys at Law, we want to ensure you receive the compensation you deserve for your injuries. With more than 50 years of combined experience in the Pittsburgh area, we fight for your rights and will not let powerful companies take advantage of you. Contact us today and talk to us about your case.

Reasons Not To Take A First Settlement Offer

An insurance adjuster’s offer is usually a tactic to get you to settle a case and end it immediately. Frequently, this is a great idea for them — but not for you. Even though insurance companies claim to work for your best interests, at the end of the day, they are all about saving money. Offering you a lowball settlement right away is an attempt to see if you and your personal injury lawyer really know what your claim is worth. Here are other reasons to avoid taking that first offer:

  • You do not know the extent of your physical injuries. It has probably not been long since your accident. You may have already received medical treatment, but for some injuries, your treatment is far from over. Continuing medical bills, physical therapy, and time lost from work are all things you must take into consideration. Additionally, some injuries take time to fully manifest.
  • You should have a settlement figure in mind. It is unadvisable to take an offer unless you already have a number in mind. With your personal injury attorney, you can determine a figure that takes into account your financial losses, wage loss, non-economic damages, and effects on future earning capacity. With these numbers in mind, you will at least know the minimum settlement amount appropriate for you.
  • You will negate your chances for a future lawsuit. By taking the first settlement offer that comes along, you also sign away your rights for a future lawsuit. If you later discover injuries that affect you financially, you won’t have the right to sue the negligent party or their insurance company.

Before speaking to any insurance company after an accident, consult with a personal injury attorney. You deserve fair compensation for your injuries. Let us help.

Contact Our Pittsburgh Personal Injury Law Firm Today

The personal injury attorneys at DeRiso, DeRiso & Suher are ready to provide experienced and effective representation in and out of the courtroom. Contact us at (724) 510-7733 to schedule a free initial consultation.