Why does the insurance company make offers when dealing wit ha case?

Question

IS IT ALWAYS BETTER TO REFUSE THE FIRST OFFER ,FROM THE INSURANCE, CAN I TRUST MY LAWYER ON THAT ? WHEN SHOULD I TAKE THE OFFER FOR SETTLEMENT????

Answer 1

You're paying your lawyer for professional services.  If you don't trust your lawyer, that they know what they're doing, fire them, and hire a different lawyer.

And remember, the company is NEVER going to offer more than the policy limits.

Answer 2

The first offer that the insurance co. makes is they feel you will take the money and run by doing this they don't have to pay for your future medical bills on your injury  In turn saves them money

The insurance co. does not care about you or anybody else

that gets injured on the job. This has nothing to do with your

employer but they will talk trash about you. They have nothing to say about what the insurance co.

is doing. They are out of the picture.Your attorney  with a work comp injury. Is payed 12to16% of what you get each time you get a lump sum of money. I'm going to talk about your attorney and what his job is and what your job is. What I'm going to tell you is what i found in my research. Don't think that the attorney is going to tell you everything that you are entitled to

there is to much to list.1) you get paid buy the mile to any where you have to go concerning your injury to pick up meds,

to the doc, therapy and so on keep a journal of everything your pain from day to day this will help your doc. treat you and your settlement. 2) When the doc asks you how you feel

ALLWAYS tell him how you feel on your worst day make it sound like its that day even if its not this again will help with your case.3)  when you ask or request something from your

attorney do it in writing aways have a paper trail an aways

have a copy for your records keep track of everything.

4) Take care of your injury remember its your body. The better you take care of it the less problems you will have down the road.5) Your attorney and the insurance co. will send you to a neutral doc. one that has no ties with your case.but aways

remember when they ask you how your doing add 10 fold

to your pain this a must to help your clam. They only know

what you tell them they will try and think they do but how can they your the that's in pain and have to live with the injury.

6)Now about how the money game is played. first they will

try to cash you out this includes medical and injury.Don't do it  

split it up see how much they will give you on the injury only.

talk with your attorney about this don't take the first one unless

he thinks you can't get much more remember he gets payed by how much you get.7)The medical part see how much they will give you keep it separate from the injury your the only one

that feels the pain if you feel that you might have troubles down

the road don't cash out. they have to pay all bills on your injury

the more bills they have to pay the higher your settlement

go to the emergency room for pain, see your doc. more often

remember tell them how bad it really hurts on your bad day which is ever day. They only know what you tell them.

8) get on line or go to the library you need to do your research

now you have the basic idea on how it works you will find there is more rights that the injured worker has

Take care

Answer 3

"can I trust my lawyer on that'.

Apparently you have hired an attorney. As such, you will be paying him at least 1/3 (33%) of any settlement you get.

Since you are paying him a huge chunk of money.....ask him your questions.

Answer 4

It's all part of negotiations - very similar to buying a car.  NEVER take the first offer.  The insurance company will try to make you settle for as little as possible.  

Your lawyer and the insurance company will go back and forth with offers and demands.  Only after the insurance company is not increasing any more or they are increasing by very little should you consider accepting the offer.  But you need to be comfortable with the dollar amount.  Once you are, then you can just sign the papers and settle with the insurance company.  Good luck!