Reasons to Be Cautious About the Mississippi Insurance Company’s First SettlementMississippi Legal News
The reality is that auto insurance companies do not always have your best interests in mind when it comes to Mississippi car accident claims and settlements. You might be offered a settlement that seems fair at first, until you start crunching numbers yourself and find out the settlement will only cover a small portion of your damages. Whenever another driver was at fault for the accident, you could be eligible for additional compensation. Speak with a Jackson Auto Accident Attorney to learn more.
Assessing Your First Mississippi Accident Claim Settlement
Mississippi car accident claims involve several tedious steps before you are offered a settlement. This often leads many people to lose patience and energy, to the point that they take the very first settlement offered by the insurance company. A decision like this can be problematic for a number of reasons:
- You might find out the settlement fails to cover all your expenses.
- You might not be able to undo this decision.
- Your finances could be hurt because the settlement does not cover enough of your damages.
At the same time, delaying a decision for too long can be bad when the statute of limitations on your personal injury claim runs out and you are left with no compensation. There is a balance you have to play. You want to make a decision that is fair and will benefit you the most in your situation, but you do not want to delay the settlement too long either.
One way you can speed up the process to avoid delays is by collecting the majority of the evidence yourself and as fast as possible. Take pictures of damages to your vehicle and your injuries. Obtain copies of your medical records, receipts, and the police report. Use this information and the help of a lawyer to calculate how much compensation you should receive based on your damages. You can use that to compare to the first settlement.
Ways to Increase the Insurance Company’s Offer in Mississippi
There are other ways you can increase the Mississippi insurance company settlement besides collecting evidence yourself. You can also go to repair shops that are pre-approved by your auto insurance company to save time and fill out a DMV accident report, so this document is ready for your insurance agent.
You can directly ask for a higher settlement from the insurance company but be prepared to defend your reasoning behind this. If this does not work, you can talk with the head of the insurance company, attempt a resolution through mediation, or have a lawyer negotiate with them. If all else fails, you may have to work with a lawyer to file a Mississippi personal injury claim in court.
Auto Accidents Lawyer in Mississippi
You do not have to accept the first settlement the insurance company gives you. Contact the Germany Law Firm, PLLC at (607) 487-0555 to speak with a Mississippi Multi-Vehicle Accident Lawyer for a consultation today. One of our Mississippi car accident attorneys might be able to help you obtain compensation for your medical expenses, pain and suffering, and lost wages.