Needless to say, being injured in a truck accident can be a very scary and traumatic experience. You may find some solace in the fact that you know you did nothing to cause the accident, therefore you are not responsible to pay for the damages, right?
Unfortunately, powerful insurance companies, including those that cover truck companies, rarely make the claims process easy. Sometimes, they offer a settlement that may seem decent, and you may be inclined to take it early on. However, keep in mind that there are dangers in settling early.
Why the Insurance Company Wants You to Settle Early
When the insurance adjuster initially calls you after your accident, they may have a friendly demeanor and act like they genuinely want to help you, but do not let these tactics blindside you from their true motives.
Insurance companies are, above all, businesses. And what is the primary goal of a business? To maximize profits. Unfortunately, insurance companies increase their profits by either denying or devaluing injury claims.
The initial settlement they offer early in the claims process is a lowball offer. The adjuster may even try to convince you not to hire an attorney to review your case to make it easier for them to settle your case cheap.
The Importance of Calculating Total Damages
Do not let sneaky insurance tactics make you feel like you have to take a lowball settlement offer early on. They don’t want you to negotiate with them, even though you may very well be entitled to more compensation for your damages. Here are just some of the angles to think about when it comes to your settlement:
- Have you been out of work with no pay since your accident?
- Will you be able to work again?
- If so, will you be able to perform the same job you did before the accident?
- Will you have ongoing medical bills to treat a chronic injury?
- Will you need to see a specialist, such as a physical therapist?
- Will you need to have any surgeries in the future?
- Will you need special equipment, such as a walker or wheelchair, or home care?
As you can see, there are many different questions that must be answered in order to calculate your total damages and ensure you don’t have any out-of-pocket expenses when the award amount runs out. Before you accept an offer or even before you speak with the insurance adjuster, please do not hesitate to reach out to the Law Offices of Vic Feazell.
Fighting for Justice on Your Behalf
During the claims process, you want someone on your side who will be working with your best interests in mind and who will ensure you do not accept anything less than a fair and full settlement. We know exactly what it takes to ensure that our clients recover the maximum compensation possible to ensure the recovery they deserve. Put your truck accident in the right hands with us.
Contact the Law Offices of Vic Feazell at (254) 938-6885 to get started on today. We offer no-fee, no-obligation consultations, so there is nothing to lose by simply sitting down with our attorneys and discussing what your legal options are moving forward and pursuing maximum compensation.