The consequences of an accident caused by someone else can be overwhelming. You need to deal with repairs, the injuries you suffered and insurance settlements. Insurance representatives know they can save money if they can get you to accept an early settlement.

The representatives could be persistent. Some might even pressure you into accepting a settlement. If you were injured or a loved one died, there are things you need to know before accepting a settlement.

Answering these questions could help ensure you get the money you need to recover

Many people who have been in an accident do not realize how serious their injuries are. Many injuries do not show up for days and weeks after an accident. Insurance agents often approach accident victims immediately after an accident – before they know the complete extent of their injuries.

If you were in an accident, you need to find out:

  • How bad your injuries are and if they will be on-going?
  • How long it will take to recover, the therapy you need and how much it costs?
  • The long-term impact of the injuries?
  • How much your pain-and-suffering and the loss of companionship is worth?
  • How long will you be out of work and how much income will you lose?
  • Do you need to reimburse your health and auto insurance plans or your employer’s health plan?
  • How much have other people who suffered similar injuries recover?

Do not make statements to the insurance company

It is best not to settle (or even talk to insurance companies) without representation. If you do not accept an offer, you might have to file a lawsuit to recover your money. Insurance representatives are likely to use anything you say against you.