How do I determine whether a settlement offer from an insurance company is fair and reasonable?
There is no magic formula to determine whether an insurance company’s offer is fair and reasonable compensation for your damages. As insurance companies are in business to make money, they are also in the business of saving as much money as possible on each and every claim. At the appropriate time, an experienced personal injury attorney can assess your case and estimate the value thereof. Such an assessment depends upon the circumstances of your particular case and the compensation allowed by law. Even if your injuries are not catastrophic, you may benefit from having an experienced personal injury attorney assess your damages. With The Virtual Law Firm, you may also benefit from having an attorney prepare correspondence and other materials for a nominal fee. If you are unable to settle the case outside of court, The Virtual Law Firm may be able to assist you in filing a lawsuit in the proper court to recover all of your legal damages. In some instances, limited scope legal representa
Related Questions
- If insurance company refuses to make a reasonable offer to settle my Mississippi car wreck case and you have to file a law suit, does the jury get to know there is insurance?
- What if the insurance company will not make a reasonable offer to settle?
- How does the insurance company decide how much to make its initial offer?
