Personal Injury Basics Attorney in Rochester, Minnesota

Should I settle if the insurance company makes me an offer?

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The answer is almost always no. Because the elements of damage in a personal injury claim include things that will happen in the future, like future medical needs, future wage loss, future pain and suffering, being able to value a case shortly after an accident is almost impossible. Typically, if an insurance company is trying to get you to settle early, it’s because it would be in their best interest, not in your best interest. In a situation like that, I always recommend, take the offer to an experienced personal injury lawyer and let them review the situation before you sign anything.

Rochester, MN personal injury lawyer Paul Dahlberg talks about why you shouldn’t take a settlement offer without first consulting an attorney. He explains that in the majority of cases, it is highly unlikely to accurately determine the value of a personal injury claim shortly after an accident. This is because the damages involved often encompass future expenses, such as ongoing medical needs, potential wage loss, and long-term pain and suffering. Therefore, attempting to assess the worth of a case early on becomes exceedingly challenging.

If an insurance company is pressuring you to settle quickly, it is crucial to understand that their motivation may primarily serve their own interests rather than your best interests. In such situations, I always advise seeking the guidance of an experienced personal injury attorney. By having them review the circumstances and offer, you can make an informed decision before signing any agreements. Their expertise will ensure that you receive fair and just compensation for your injuries and future needs.

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