Insurance company offering me a check to settle? What should I do?

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  • Insurance company offering me a check to settle? What should I do?


Answer #1 | 18/12 2013 10:51
if you think you have a case then don't take it to court. if its the same insurance company i wouldn't make to much of a big deal about it
Answer #2 | 18/12 2013 10:54
It's so you can't sue them in the future. If you take the check then next year discover you need neck surgery or start having other issues related to the accident you no longer have any course of action against the other driver. By taking the check you waive the other driver or any future responsibility. Your options... just take the check ask for more $ don't take the check in case you develop problems relating to the accident in the future hire a lawyer to sue them for pain and suffering or lost wages
Answer #3 | 18/12 2013 10:52
Ridiculous stupid do they think u sister gad meeucak bills later from her whiplash...don't sign anything ...especially medical release cabt cost u akit in medical bills later..$250.00is a slap in the face
Answer #4 | 18/12 2013 13:07
If you don't want anything from the company, I wouldn't accept the $250. It immediately eliminates your ability to recoup anything later, which is the reason they want to get this thing closed out now. I would hold off for a year at least, just to be sure there are no additional complications. $250 isn't worth taking in this case. If you were to get a lawyer, they would sue for "pain and suffering" in an amount 5-10 times the total cost of all medical bills. If you really want to get some money here, ask for 3 times your medical expense and see what they say. However, unless you really want to profit from the accident, just let it go.
Answer #5 | 18/12 2013 16:48
You must be in a "pain and suffering" state. But I'll tell you right now, with only whiplash for an injury, there is no way they're going to give you $2,000, or even $1,000. They'll just close the claim, and wait for you to sue their client. You probably won't be able to find a lawyer to take the case, as you're talking about VERY small amounts.
Answer #6 | 19/12 2013 06:21
Inconvenience is another way of saying pain/suffering. In any injury settlement, they owe for your medical bills, (any) lost wages, plus pain/suffering. Where did you come up with this "magic" number of $2,000 to $3,000? When the insurance company offers you $250, this is there way of saying what they value your injury to be. Did you just go to the ER, treated and released? Sounds like that is all you had, or just to your family doctor to be checked out. Whiplash is just a strain/sprain of your neck/back and usually will resolve itself w/in 6 weeks or less, with or w/out treatment. When they cut that check, you are done,,,,,,,,,,period. The check will say full and final settlement of injury from accident date of XX. NO good lawyer will take it, once they hear they made an offer of $250, since they know, if they get more, then guess what, after lawyer takes the 33%, you will end up with less than $250. Yes you can sue the other driver, but with an offer they made, could take years to settle, and guess what maybe a few more dollars in your pocket. They will settle for $500, "maybe" or, as high as $1,000 tops, but that most likely will be a stretch? For an offer that low, you had a very "minor" injury.
Answer #7 | 18/12 2013 17:07
How did you arrive at $2,000 to $3,000 for a settlement amount? Does that pay off a credit card? Pay for a trip to the dentist? If you were examined by a Doctor and you both feel there is "probably" no future complications, then settle the claim and get on with your life. Doesn't hurt to try to negotiate more. If, however, you or the Doctor feel that it is too early to tell if you are "out of the woods", then notify the insurance company of your concerns. They may want to send you to "their" doctor, who probably hasn't seen an injured claimant in the past decade. In any event, a lawsuit is always an option, if you can find a lawyer to take the case. Lawyers are money motivated. Little money, Little motivation. Good Luck!

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