My clients often ask me whether they can accept what the insurance companies offer. Of course, that’s a great question. But before I get to the complete answer, I want to back up for one second.
It’s important to note that insurance companies take premiums and pay money out for settlements. So the way they make the most money is to pay out as little as possible.
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It’s important to remember that they are not on your side, and when they make an offer, they’re trying to settle your case for as little as possible. So as almost unequivocally, I would say always talk to a lawyer and get an opinion if that offer is fair. And at that point, you can make a more informed decision about how to proceed.
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