What The Insurance Company Doesn’t Want You To Know
The insurance company is not on your side. No matter how friendly the insurance adjuster may seem, remember this: insurance is a business and businesses don’t make money by giving it away.
Yes, the insurance adjuster will tell you that a settlement offer is fair. On the surface, it may even seem like a lot of money. The truth is that initial settlement offers are almost always low. If you accept it and the money runs out before you pay off all your medical bills, you are not allowed to go back and ask for more. It only makes sense to have the offer reviewed by someone who has your interests in mind, rather than taking the word of someone who is paid by the insurance company and may even get rewarded for settling lower. At the Roanoke office of John Tinney, we will happily review your claim for free.
Perhaps you are worried about time constraints. The insurance adjuster may have given you a deadline to accept the settlement. Be aware that these deadlines are constructed by the insurance company, and not by the law. You do not need to rush. You can take your time and think about whether the offer will really cover all your costs. In many cases, insurance settlement offers are made before healing is complete and before the victim even return to work. How can you be confident that the offer is fair if you don’t even know how much your medical bills and lost wages are going to add up to? You can’t be.
We know how to properly value personal injury claims, because we have been handling them for more than 40 years. We know that it may be necessary to wait to fully understand what medical bills and lost wages are going to add up to. We know that experts may need to be called upon to make certain the numbers are fair. We will take the steps to come up with a value that fully represents the financial and physical costs you have endured.
The insurance adjuster may tell you not to get a lawyer. He or she may tell you a lawyer is too expensive. But we handle these cases on a contingency basis. We only get paid if we get you compensation, and then we only get a percentage of the money we recover for you. Even with our percentage taken out, you may get substantially more compensation than you would have received if you simply accepted the insurance company’s offer.