When you are injured in an accident or collision, there are many losses you can incur as a result. Past and future medical expenses, hospital bills, and lost wages are just a handful to name. Because of these economic deficiencies, you hope that the liable party's insurance carrier will offer a sufficient settlement that will cover your damages and losses, and return you to the quality of life you had before the accident.Unfortunately, insurance companies are in the business of making money for their shareholders (or policy holders), rather than spending it. They make their profits from insurance premiums and return on investments. In addition to this strategy, insurance companies will drag on negotiations because the longer they have the money, the more interest and returns they make from it.For this reason, it is common to receive a low-ball offer in a personal injury claim. If you are not pleased with the insurance carrier's settlement offer, continue reading to learn what you need to do next.What To Do After Receiving a Meager OfferIf you are offered an insufficient settlement offer, your next step is to consult a licensed and experienced personal injury lawyer. You need a...more
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