At your most vulnerable moment—perhaps lying in a hospital bed or struggling through rehabilitation—an insurance adjuster may present a settlement offer. The figure might seem substantial until you calculate the true cost of your recovery.
For victims of serious motor vehicle accidents, recognizing when an offer falls short is the first step toward securing proper compensation.
Why offers can seem unfair
Significant injuries typically involve extensive medical treatments and lost income. Your daily life can change profoundly after a severe collision.
Insurance companies, however, aim to manage their financial liabilities. So, they might initially propose a sum that does not reflect your claim’s full worth. They may anticipate that you will accept a quick, smaller payment.
Georgia law and your compensation
Georgia uses an “at-fault” system for vehicle accidents. This system means the driver who caused the accident is liable for the resulting harm. The at-fault driver’s insurance should provide for your healthcare costs, income lost due to inability to work and damages for physical and emotional distress.
Georgia’s “modified comparative negligence” principle means that if you are found to be 50% or more responsible for an incident, you cannot be compensated for your damages. If your fault is less than 50%, your compensation decreases by your percentage of fault. These legal points directly affect the amount of compensation you could obtain.
Steps to take after a low offer
A low offer does not force your acceptance. You can take specific actions to pursue the fair compensation you deserve. Consider these important actions:
- Do not feel pressured to accept the initial offer quickly
- Secure copies of all documentation that relates to your accident and injuries
- Assess your present medical needs and anticipate future care requirements
- Keep notes on how your injuries impact your daily activities
- Consult an experienced personal injury attorney
A personal injury attorney has insight into how insurance companies operate and a strong grasp of Georgia’s legal system. They can precisely calculate your claim’s value, including all your losses. This legal support helps you concentrate on your healing process.