What happens if the at-fault driver’s insurance company offers me a settlement?

If you’re an auto accident victim in Missouri and the at-fault driver’s insurance company offers you a settlement, here’s what you should consider:

  1. Consult a Lawyer: Before accepting any settlement offer, it’s advisable to consult with a personal injury attorney. An experienced lawyer can help you understand whether the offer adequately covers your damages and losses. They can also advise you on the legal implications of accepting the offer.
  2. Understand the Full Extent of Your Damages: Ensure that the settlement covers all your current and future expenses related to the accident. This includes things like medical bills, lost wages, and lost household contributions. However, you also must ensure that you believe the amount adequately compensates you for your pain and suffering, and any other damages. Sometimes, the full extent of injuries and their impact on your life may not be immediately apparent.
  3. Negotiation is an Option: The initial settlement offer is often a starting point for negotiations. You are not obligated to accept the first offer. With the help of an attorney, you can negotiate for a more favorable settlement that more accurately reflects the damages you’ve suffered.