Firm Videos
Should a settlement offer from an insurance company be accepted?
The initial offer made by an insurance company should almost never be accepted. Once in a while, an insurance company will tender the policy with their first offer, meaning they will pay the most amount of money available under the policy, but it’s extremely rare. And typically, insurance companies are making lowball offers to try to test out our clients to see if they will accept them. So, for the vast majority of the time, you never accept the first offer, and the offers only go up as the case goes on. [Music]
- PUBLISHED:
- ATTORNEY: John Richmond