Should You Accept the First Settlement Offer?
An offer showed up fast, and it's tempting to just take it and move on. Here's the thing nobody at the insurance company will tell you: the first offer is designed to be low. It's a starting point, priced on the bet that you'll grab quick cash before you know what your claim is worth.
Why the first number is a lowball
The early offer usually lands before your medical picture is clear — before anyone knows if you'll need more treatment or miss more work. Sign the release that comes with it and the claim is closed, even if your injuries turn out worse than they felt on day one.
What actually drives a claim's value
- The nature and severity of your injuries
- Total medical costs — including care you still need
- Lost wages, now and going forward
- How the crash happened and who was at fault
The move that protects you
No honest person can promise you a number up front. But a free case review will tell you what factors matter and whether that quick offer is anywhere near fair — before you sign it away.
Related reading
- I already talked to the adjuster — did I mess up?
- More guidance at NYC Injury Line.
Accidents Happen NYC is an intake and referral service from the Law Office of James Medows. Mr. Medows doesn't personally handle personal injury cases; with your written consent your matter is referred to an experienced injury attorney at no extra cost to you. General info, not legal advice.
Attorney advertising. Prior results do not guarantee a similar outcome. This article is general information, not legal advice.