Serious Consequences You Might Face Accepting the First Offer

Now, we’re not trying to make your circumstances seem worse. We simply know, as former insurance company defense attorneys, how insurers assess injury claims. This insight helps us anticipate what might happen in your car accident case and help prepare you accordingly. Here are some key points to keep in mind. 

It’s critical for your health care providers to acknowledge what’s called your maximum medical improvement (MMI). This benchmark is important in personal injury cases, as it indicates your condition has stabilized and is unlikely to improve with or without further treatment. By accepting an early offer before MMI is determined, you risk settling for far less than you'll need for complete care. 

And once you accept a lump sum settlement offer—whether it’s the first or the final—you’re required to sign a release that waives your right to seek additional compensation later, even if new symptoms surface.

Also, initial offers from an insurer often focus on immediate medical expenses. But what if your injuries require further rehabilitation? Or you need to be out of work for recovery longer than anticipated? Or you have accident-related pain and suffering that complicates life? 

While a quick settlement might provide short-term relief, it can lead to long-term financial strain if it doesn't cover all your accident-related expenses.

What to Do When an Insurer Extends a Settlement Offer

If you haven’t arranged for a free consultation with us yet, it’s okay. Here’s what to remember:  

  • Don't accept immediately. No matter how enticing, resist the urge to accept on the spot. You have the right to review any offer carefully.
  • Get it in writing. Ask for a breakdown of what the settlement covers. This allows you to review it thoroughly and discuss it when you come into our office.
  • Don't give a recorded statement. Adjusters may try to get you to give a recorded statement, stating that it’s just part of the process. Politely decline and tell them your attorney will be in touch.

How Our Skilled Car Accident Legal Team Works For Your Fair Settlement 

Don't let the first offer from an insurer shortchange your future. At Dortch Lindstrom Livingston Law Group, we understand insurance companies' tactics and how to counter them effectively. It’s our duty to make sure your claim includes all aspects of accident-related expenses such as: 

  • Current and future medical costs
  • Lost wages, PTO, and bonuses
  • Property damage to your vehicle and personal belongings
  • Physical pain and emotional distress 
  • Long-term or permanent disability

Whether you’re in Texas, Oklahoma, or elsewhere in the country, we can help you pursue a proper compensation package. 

T. Micah Dortch
With more than 1,000 federal & state court matters as lead trial counsel, he has worked on many notable cases.