Q: Can I seek more compensation after verbally accepting a settlement offer?
I was on a test drive in a car and someone pulled out infront of me . Their insurance has accepted full liability. They called and made me an offer to settle. I accepted verbally but have yet to sign anything. Can I rescind the offer and seek more compensation even though I did agree verbally? They recorded the call and clearly made the offer and I clearly accepted
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- Answered
A:
It is possible that you could withdraw your acceptance, but it depends on several factors. How much time had passed between the time the incident occurred and the time the offer was made to you? Were you injured as a result of their insured driver, and if so, did you or were you seeking the assistance of a doctor to help you with those injuries? These are the types of questions you should ask yourself to understand broadly what was happening when you accepted the offer to know whether you had enough information at that time.
More importantly, it always helps to seek the advice of an attorney before communicating with an insurance company in cases like this to help protect your interests in the beginning. I hope this helps.
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