Should You Accept the First Car Accident Settlement Offer in an Injury Case?
Watch the following educational legal video about accepting the first settlement offer, and how accepting an early offer can cost you by Daniel J. Chiacchia, an experienced Hamburg car accident attorney.
Many times, clients get a little too anxious when it comes to offers received on their cases – some of them very early on – and, although we have an obligation to present every offer to our clients, we always tell them, “Listen to me. It’s too early. You never take a first offer. We don’t know where your medical treatment is going to go – you’re still treating.” We never do that. We know that first offer is never the last offer. No one gives their bottom line number first.
People have to understand that settlement discussions involve a long, negotiation process, and that first offer is usually made early. Even in cases where there’s no settlement discussion until you’re deep into the litigation, the first offer is never more than a starting point – just as our settlement demand is a starting point. Many times, there’s no offer until we issue a settlement demand. Once they respond to our settlement demand, we get into the negotiating process, talking about the pros of our case and the cons of theirs in our effort to get our client the maximum recovery.
Were you involved in a motor vehicle accident and have questions about accepting the first settlement offer you may be receiving from the insurance company? Contact the experienced Hamburg car accident attorneys at Chiacchia & Fleming, LLP for a free confidential consultation. We know how the insurance companies operate, and treat your case and your injuries seriously. We will do everything in our power to bring you relief. Let our experience work for you.