What Happens When You Reject An Insurance Settlement Offer?

What happens when you reject an insurance settlement offer? After an accident and injuries, your insurance settlement is key to your financial future. Too many people make the mistake of accepting an inadequate settlement because they fear what might happen if they reject an offer. However, you have the right to reject a settlement offer and negotiate for a higher amount. 

If you are facing the decision of whether to accept or reject an insurance settlement offer, always first contact Burger Law for a comprehensive evaluation of your case and the guidance you need to make an informed decision.

Insurance Companies Want You to Accept Lowball Offers

Insurance companies should cover the liability of their policyholders. However, they are also corporations in the business of making money, and one way they do this is by minimizing the amount they pay out in claims. When you file a claim, the insurance company will often make an initial settlement offer in an attempt to resolve the case quickly and for as little money as possible. These initial offers are often lowball offers, meaning they are significantly lower than the actual value of your claim.

The goal of insurance companies is to protect their bottom line, not to ensure you receive the compensation you deserve. By rejecting a lowball settlement offer, you are sending a message that you are not willing to settle for less than you deserve.

If You Reject an Offer, Your Lawyer Can Negotiate for a Higher Amount

When you reject an insurance settlement offer, it does not mean that you are giving up on receiving compensation. In fact, by rejecting the offer, you are opening the door for negotiations. Your personal injury lawyer can enter into negotiations with the insurance company on your behalf to try and secure a higher settlement amount.

Experienced attorneys understand how to negotiate with insurance companies and advocate for your best interests. They will fight to ensure you receive a fair and just settlement that adequately compensates you for your injuries, damages, and losses.

If You Accept a Low Offer, You Can Hurt Your Financial Future

Accepting a low settlement offer can have long-term consequences for your financial future. If you settle for less than your case is worth, you may not have enough money to cover your medical bills, ongoing medical treatment costs, and other expenses related to your injury. Additionally, accepting a low offer means that you are closing the door on pursuing further compensation through litigation.

Never accept any settlement offers without first consulting a trusted personal injury lawyer. They can ensure you do not jeopardize your financial future by accepting much less than you need.

“I’ve dedicated my entire life to helping our clients receive full compensation for their injuries.”

Gary Burger

Personal Injury Attorney

Seek Help from a St. Louis Personal Injury Attorney Now

When you are dealing with the aftermath of an accident and facing an insurance settlement offer, it can be overwhelming and confusing. That’s why you need the help of an experienced St. Louis personal injury lawyer from Burger Law.

Don’t let the insurance company take advantage of you. Contact Burger Law today for a free consultation or call (314) 500-HURT

Gary Burger

Founder | Injury Attorney
Gary Burger has dedicated his career to standing up against bullies. The founder and principal attorney of Burger Law | St. Louis Personal Injury Lawyer has helped hundreds of Missouri and Illinois individuals and families recover th …
Years of experience: 30 years
Location: St. Louis, MO

click here more Info