Fresno, CA asked in Insurance Defense for California

Q: The insurance company is offering to settle my case but I’m not sure if their offer is reasonable. How do I know?

Related Topics:
1 Lawyer Answer
Louis George Fazzi
Louis George Fazzi
Answered
  • Jess Ranch, CA
  • Licensed in California

A: Add up all your out-of-pocket medical expenses, such as Dr. bills, pharmacy bills, and other expenses related to treating your physical injuries; add up the lost income you suffered resulting from the loss of time from work; calculate the value of the pain and suffering you have experienced; then add the sum of each of those components together and you will get a rough estimate of the value of your case. If the offer does not equal what you’re sum total is, then it is probably inadequate. Most insurance companies will lowball you on their offers. My experience is that you’ll never get a reasonable first offer from any insurance company. You will have to negotiate, and it is usually best to do so with the representation of an experienced attorney.

Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.

The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.

Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.