In the aftermath of an accident, injured victims often mistakenly believe that the insurance company is on their side and will help them to get the amount of compensation they deserve. Unfortunately, this is not the case. The insurer is operating a business, and like any business, their bottom line is making money. In order to accomplish this, companies often limit administrative costs by limiting the amount of time and effort spent on each claim, with the result being that offers to settle your claim may be far less than what you expected or what your case is actually worth. According to the Georgia Office of Insurance, avoid signing an insurance release accepting settlement of your accident claim before doing the following:
- Conducting your own investigation into the costs associated with replacing or repairing any property damaged in the accident;
- Speaking with your doctor about the prognosis for your injuries, any future treatments you may require, and any lasting effects or disabilities you may suffer;
- Keeping a written record of all bills and statements you have received, as well as all correspondence you have had with the company and its representatives; and
- Consulting with a legal professional before signing a release accepting a settlement amount.
You have one chance to get the compensation you need to recover from your injuries. It pays to have our experienced personal injury attorneys working on your behalf and negotiating with the insurance company to ensure you get the maximum amount you deserve.