Legal Help with Insurance Settlement Offers

When you have been hurt in an accident, you naturally turn to insurance. In your mind, the best case scenario is a quick investigation into your claim and a high settlement offer. Unfortunately, this is often not what happens. Many insurers drag their heels on a claim and try to find reasons to deny claims or offer less money than you really need. In the end, you may finally receive an offer only to be deeply disappointed by the figure.


When facing a less-than-ideal insurance settlement offer, you have options. The experienced Ohio personal injury lawyers of Kisling, Nestico & Redick are ready to review your situation, the insurance offer, and if necessary, negotiate for a higher amount. We have years of experience handling personal injury claims and will always fight for your right to recover the maximum compensation possible for your injuries.

Call us today at 1-800-HURT-NOW to learn more about your options.

First Settlement Offers May be Too Low

One of the most common problems with initial insurance settlement offers is that they are often too low. An insurance company is a business and it always makes decisions that are best for its bottom line. It will always seek to deny claims or pay out as little as possible on valid claims. When an insurer contacts you within the first few weeks after your accident and gives you a figure, it is safe to assume it is a low ball offer.

Settlement Offers May Come Too Soon

A second common problem with an insurance company settlement offer is that it may come before you have all the information you need to calculate your economic injuries, like medical costs, and non-economic injuries, like pain and suffering. For instance, how far into your medical care are you? Are you waiting to figure out if you are going to need additional surgeries or other expensive medical procedures? Or are you waiting to learn more about the at-fault party, such as whether they will be found guilty of a DUI in connection with the car accident that injured you? Sometimes, when insurers can predict that a claim may become pricey, they will make a quick initial offer. The insurer is hoping you will settle and be unable to ask for more money in the future after you have more information.

Factors to Consider Before Accepting a Settlement Offer

It is possible to avoid common problems associated with first insurance settlement offers by working with an experienced personal injury attorney. Once you hire an attorney, they can begin an in-depth investigation into your accident. This will help you obtain evidence that supports your claim and helps you measure the value of your injuries. Your lawyer may find evidence the other party overlooked or see a document or testimony in a different light than the insurer.

Calculating your economic injuries takes time and skill. You will need to work with your physicians and possibly medical experts to calculate the cost of your current and future medical care. If you anticipate needing additional procedures, rehabilitation, or in-home care, an expert can help you predict your future medical expenses associated with your injuries. You will need this information before you can accept an offer with confidence that it will actually cover your expenses now and down the road.

In addition to your economic injuries, a settlement offer needs to take into account your non-economic injuries like pain and suffering, mental anguish, disability, disfigurement, and loss of consortium. How much each of these elements of your claim are worth depends on a number of factors. An experienced personal injury attorney will understand how to translate these non-physical injuries into monetary figures.

You Are Not Required to Accept a Settlement Offer

The insurance company may put a great deal of pressure on you to accept its first offer. It may try and say things about how you will not get a better offer down the road or the sooner you accept, the faster you have money to pay your bills. Do not let these comments lead you into making a poor decision. You have every right to consider your options and discuss potential compensation with a personal injury lawyer.

Seek an Objective Opinion

When you have experienced a serious and painful injury, it is easy to view any settlement offer as too low. However, there are instances in which an insurer’s offer is the best possible outcome for your claim. This is usually when the at-fault party is not wealthy and only carries a small insurance policy, like the minimum amount of legally required auto insurance. If the insurer offers you the maximum compensation outlined in the policy and it is not possible to recover more from the at-fault party personally, then your smartest move may be to take the settlement offer. However, there is no way to be sure of this without working with a lawyer who can review your situation and give you an objective opinion on the offer and your alternative options. While an attorney can help you avoid accepting a too-low offer, they can also help you avoid rejecting a good offer.

Call Our Ohio Personal Injury Lawyers Today

At Kisling, Nestico & Redick, our legal team has years of experience in handling personal injury claims. We consistently work with doctors, industry professionals, insurance companies, and other attorneys to negotiate the best possible settlements for our clients or to obtain advantageous awards in court. We have a wealth of knowledge and resources at our fingertips, and we will put them all to use for you.

To learn more about how we can help, contact Kisling, Nestico & Redick at 1-800-HURT-NOW to schedule a free initial consultation.