After a car accident, insurance companies often try to entice their customers into accepting a quick settlement. Some Las Vegas car crash victims accept the initial settlement because it’s convenient and they are, rightfully, more concerned about their health. This can be a huge mistake that deprives them of thousands–sometimes millions–of dollars that they’re entitled to. ER Injury Attorneys is here to tell you why you should never accept a car insurance company’s first settlement offer without consulting with a knowledgeable personal injury lawyer.
Car Insurance Companies Make Money by Lowballing
According to the Consumer Federation of America (CFA), profits from car insurance companies were up wildly in 2020, despite there being fewer drivers on the road due to the COVID-19 pandemic. Even though there were fewer drivers and accidents, auto insurance profits soared.
One common technique these companies use to maximize profits is quickly offering a first settlement offer that’s worth a fraction of what customers actually deserve. ER Injury Attorneys can help make sure that your insurance company doesn’t lowball you.
Accident Victims May Not Know Their Expenses
Getting into a car or motorcycle accident can be very expensive. In addition to the property damage and initial medical treatment, auto accidents victims may have to pay for ongoing treatment, physical therapy, counseling for emotional distress, and more. Some injuries can cause them to lose time from work, eliminating their primary source of income.
ER Injury Attorneys has the experience to accurately calculate how much money the insurance company really owes you and the tenacity to fight for it on your behalf.
Car Insurance Companies Use Deceptive Tactics
Although you’re a customer that dutifully pays car insurance premiums, don’t make the mistake of thinking the company is on your side in the event of an auto accident. Remember that these companies’ main priority is making a profit to satisfy shareholders or private investors. As such, they may use deceptive tactics when making a first settlement offer. They may try to pressure you into accepting a low offer under the guise of helping you move on swiftly. In reality, they want to give you as little as possible.
Should you try to ask for a higher settlement on your own then you’ll likely encounter “delay, deny, defend” tactics. Insurance companies use this method to frustrate customers and eventually get them to accept a low settlement offer. ER Injury Attorneys has a thorough understanding of these tactics and, more importantly, knows how to successfully combat them.
Receive an Insulting First Settlement Offer? ER Injury Attorneys Can Help.
Our lawyers have served hundreds of clients that have received paltry first settlement offers. In the vast majority of cases, they were a small percentage of what the accident victims truly deserved. ER Injury Attorneys can help you fight back. Our team can help document your accident and expenses, prepare a powerful case to justify more compensation, and fight back when the car insurance company plays dirty.
We’re confident that our legal professionals have the knowledge, skill, and experience to win you the highest compensation possible. In fact, we’re so confident that we do not charge any fees unless your case is won.
If you feel that your insurance company has presented you with an insulting first settlement offer then call ER Injury Attorneys 24 hours a day, 7 days a week at 702-968-7500 or connect with a LiveChat representative online. You can also submit your case information using our encrypted online form. Don’t let the insurance company take advantage of you. Contact ER Injury Attorneys today.