The short answer is almost always no. The injuries and trauma you sustained from the car crash may impair how you process what happened to you in its entirety. Thus, your or the at-fault driver’s insurance company often uses this window of opportunity to quickly offer you a settlement that is most likely lower than what your accident is worth.
However, you must know you have the option to reject their offer. Doing so shows the insurance adjuster you know their strategy and that you will not settle for anything less than you deserve.
Why you should not settle for less
The insurance adjuster may be one of the first parties reaching out to you with an insurance offer after a tragic collision. Their training equips them to tell you what you want to hear at a time you are most vulnerable.
Although you may think their offer can help you pay the mounting medical bills and the other losses you incurred, you must think twice before immediately signing any document or making any conclusive statement because:
- The insurance adjuster may have insufficient information to make a sound determination of the severity of your damages. Thus, it is critical that you obtain as much evidence as possible to establish your claim.
- Your physical injuries may be more catastrophic than you think. The symptoms of more severe conditions can manifest much later. Complications may lead to rehabilitative procedures that require additional costs.
- You need time to investigate all possible details of your case. You can only come up with a reasonable counteroffer if you have a clear understanding of your claim’s value. Aside from bodily injuries, you must also check for damages to your car, or to your emotional and mental well-being.
Negotiation is an art, which may be challenging to navigate if you are still recovering from the tragedy. You must be careful not to offer your opinions or apologize for the unfortunate circumstances when interacting with insurance adjusters because they may use your words to justify their offer.
Why you should always think long term
Insurance adjusters will always try to preserve their company’s time and resources. They tend to make you believe that settling now is better than waiting any longer. However, speaking with your Mississippi legal advocate, who understands your unique needs, can show you that investing in your long-term health and safety can yield favorable financial results. In short, thinking ahead can save you from a financial crisis. While your counsel works on getting rightful compensation, you can focus on looking forward to a healed future.