Bautista LeRoy Law Firm can offer guidance regarding key considerations when accepting an insurance settlement offer. Since 1990, our attorneys have provided outstanding personal injury representation in Kansas City Metropolitan Area cases - from railroad, car, truck and motorcycle accidents to nursing home negligence. We have years of combined experience and expertise representing injured clients.

This article presents several considerations when accepting offers from insurance companies, such as whether to accept them immediately and why an experienced personal injury attorney might be necessary.

Why do insurance companies offer early settlements?

Early settlement offers are intended to quickly close cases and limit further costs, finding an early resolution before you understand fully how serious injuries or long-term effects of an accident have affected you.

Bear this in mind, insurance companies' primary goal is making money for themselves. They try to minimize payouts by offering settlement offers that appear acceptable yet fall below what would actually cover your claim.

Should I accept the initial settlement offer?

Though tempting, do not accept initial payout offers made by insurance companies because this could backfire. Insurers typically make such offers hoping that you don't fully grasp how serious or extensive an injury or loss is. Here are several reasons why accepting their offers wouldn't be wiser:

• Your injuries could be more extensive than you realize.
• Your expenses may not be entirely covered by this offer.
• Once accepted, no extra benefits should be expected in exchange.

How can I evaluate whether a settlement offer is fair?

Considering whether a settlement offer is fair can be tricky, but by keeping several key indicators in mind you can make informed decisions:

• Before agreeing on settlement amounts, take into consideration the severity of your injuries.
• Before initiating negotiations, carefully assess all losses associated with an injury - medical costs, lost wages and any future costs.
• Pain and suffering must always be considered when making decisions. How it has altered the quality of life, mental wellbeing or daily activities?

Why it is beneficial to hire a personal injury attorney?

• Personal injury attorneys specialize in evaluating claims. They can accurately asses injuries, losses and unexpected costs that you might not anticipate.
• Experienced attorneys understand their way around insurance firms and can negotiate an equitable settlement offer on your behalf.
• Insurance companies will pressure you into accepting an early settlement. An attorney can uncover hidden expenses and ensure you receive sufficient compensation.

When should an attorney be hired?

If you have been injured and seeking compensation, consult a personal injury attorney immediately. Hiring one will prove invaluable. When should someone hire an experienced attorney?

• When the injuries are severe
• When liability is disputed
• When the settlement offer feels low

What criteria must be considered in finding an effective attorney?

• Experience: Hire an attorney specializing in this personal injury law, such experts understand all of the nuances related to dealing with insurers.
• Success Record: Look for an attorney with an impressive track record in winning cases and negotiating fair settlements.
• Communication Skills: Your attorney should be responsive and willing to address all of your inquiries.

Why Choose Bautista LeRoy LLC?

Bautista LeRoy's legal team is dedicated to delivering top-tier services and achieving optimal outcomes for our clients. Our track record speaks for itself - for years we have successfully represented personal injury claims.

Our attorneys will carefully assess your case, taking the necessary steps to secure adequate compensation through negotiations with insurance providers or court proceedings if needed. We're with you every step of the way!

Suggested Action Steps

• Before making an impulsive decision, carefully evaluate all injuries and financial losses sustained.
• Consult a personal injury attorney, their advice could assist in making more informed decisions.
• Carefully consider any settlement offer. Confirm that it meets both short- and long-term needs.
• If the offer falls below what is acceptable, an experienced attorney can negotiate to achieve better results.

Before accepting any settlement for personal injuries, it's essential that all details of a claim are understood fully. A personal injury attorney can make sure you are treated fairly and ensure maximum compensation is granted. Contact us today at 816-221-0382 or send us an email on our Contact Page. Serving Kansas City, MO and KS as well as surrounding areas of Benton County and St. Louis.