Insurance Settlement

Should I Accept An Insurance Settlement?

Mar 1, 2024 | 18-Wheeler Accident, Car Accidents, Medical Malpractice, Motorcycle Accident, Personal Injury

The article was Last Updated on

In the aftermath of an accident, dealing with insurance companies and settlements can be an overwhelming process. You might find yourself tempted to accept the initial settlement offer from your insurance company, just to move on and put the incident behind you. However, this decision could have far-reaching implications on your financial and physical well-being. Before you sign on the dotted line, it’s crucial to consider why talking to a lawyer like Walker Texas Lawyer might be the best course of action.

Insurance Companies’ Primary Goals

It’s important to understand that insurance companies, at the end of the day, operate as businesses. Their primary goal is to maximize profits, which often involves minimizing payouts on claims whenever possible. This isn’t to say insurance companies will always undervalue your claim intentionally. However, they are inclined to offer settlements that are on the lower end of what your claim is actually worth.

When you’re offered a settlement, the figure isn’t just a random number. It’s carefully calculated based on what the insurance company believes is the minimum you will accept, not necessarily what is fair or what will cover your expenses and damages fully. This is where the value of an experienced lawyer becomes apparent. A lawyer can assess your case from a legal standpoint.  This ensures that any offer made aligns with what you truly deserve.

The Possibility of Lingering Effects

Accidents can have lasting effects, some of which might not be immediately apparent. Physical injuries could lead to long-term treatment or rehabilitation. Also, the emotional impact of an accident can surface well after the event. Accepting a quick settlement might not account for these prolonged or delayed effects, leaving you to cover any additional medical costs out of pocket.

A lawyer can help you understand the full extent of your situation. They take into account both current and future implications of your injuries. With their expertise, they can negotiate a settlement that considers all potential costs and losses, ensuring that you’re truly covered in the long run. This foresight is invaluable. Protect yourself from the burden of unforeseen medical expenses and the stress associated with them. Contact a personal injury lawyer before accepting any settlements.

Understand The Value Of Your Case

Insurance companies use standards to determine how much to pay in accident cases. Many of the large insurance companies use software programs to calculate what accident claims are worth. You may not receive full monetary recovery caused by the accident from such calculations. That is why you must understand the value of your case or the settlement adjuster will push you into settling on their terms.

If an injury has disabled you in any way, you might also be owed money for losing the quality of life that you used to enjoy or other similar damages. To understand your case, you must take accurate measures and look at all factors. This includes current and future medical care, lost wages, and other expenses. An experienced personal injury attorney can help you evaluate your case. Your attorney can help you negotiate with the insurance company. Do not end up taking any low-ball offers.

Expert Negotiation Skills For An Insurance Settlement

Even if you’re confident in your understanding of your insurance policy and the compensation you deserve, negotiating with insurance companies can be a daunting task. Insurance adjusters are experienced negotiators trained to protect the company’s bottom line. Facing them without a comprehensive understanding of personal injury law and the art of negotiation can put you at a significant disadvantage.

Hiring a lawyer like Walker Texas Lawyer evens the playing field. With years of experience and a thorough understanding of Texas law, Walker can handle all communications and negotiations on your behalf. His expertise not only ensures that your rights are protected but also significantly increases the likelihood of receiving a fair settlement.

Legal Representation Sends a Message

When you choose to work with a lawyer, it sends a clear message to your insurance company that you are serious about receiving fair compensation. It demonstrates that you’re not willing to accept a lowball offer. Additionally,  it shows that you are prepared to take further legal action if necessary. This can often prompt the insurance company to re-evaluate their offer, leading to a more realistic settlement proposal.

Furthermore, if your case does go to court, having a lawyer like Walker Texas Lawyer by your side ensures that you have the best possible representation. His experience in litigating personal injury claims means that he is well-equipped to present your case effectively. Thus, maximizing your chances of a favorable insurance settlement.

Call Walker Texas Lawyer

The people from the insurance company can confuse you or make you think that the accident was partially caused by your carelessness. They will try to manipulate you. They will make you think that you’re obligated to provide them access to your medical records. This situation can be very difficult for an individual to deal with without the help of an experienced attorney.  Your attorney will be able to effectively handle all dealings with the insurance company to ensure these avoidable mistakes are not made. Rather you are in a car accident, motorcycle accident, industrial accident or a burn injury, you need legal council.

Before taking any step forward make sure to consult an experienced and qualified attorney, like the Walker Law Firm. It will actually be very helpful for you to consult with an attorney before you talk to the insurance company. Even before you’re done with your treatment, the insurance company will be at your doorstep. They will try to hand you a settlement check for your claim. Your first instinct will be to take the check since you’ll be up to your ears in all kinds of bills.  Don’t make a sudden decision and accept a settlement that doesn’t fairly compensate you for your damages. You need to fully understand your rights and get the compensation to which you are justly entitled.


For more information, contact Houston’s accident law firm of Walker Texas Lawyer by calling (713) 552-1117.

Walker Texas Lawyer
3100 Timmons Ln Suite #401
Houston, TX 77027

Walker Texas Lawyer – Pasadena
4008 Vista Rd Suite #202B
Pasadena, TX 77504


(713) 552-1117


FAQ Resources

Follow US

Our Offices


Walker Texas Lawyer - (Principal Office)

3100 Timmons Ln Suite 401
Houston, Tx 77027


Call: (713) 552-1117

Houston - Montrose Location

Walker Texas Lawyer - (Montrose Location)

2238 Richmond Avenue
Houston, Tx 77098


Call: (713) 280-7985


Walker Texas Lawyer - (Pasadena Office)

4008 Vista Rd Suite 202A
Pasadena, TX 77504


Call: (281) 545-5158

Texas City

Walker Texas Lawyer Arena

9300 Emmett F. Lowry Expressway
Texas City, Tx 77591


Call: (713) 331-6848



Areas We Serve

Walker Texas Lawyer is located in Houston, just off the southwest freeway near the corner of Edloe St and West Alabama St. We serve clients throughout Texas. Injured in a car, motorcycle, offshore, or industrial accident? We can help you get the compensation you deserve. The following are some areas we serve:

About Walker Texas Lawyer

James Walker - Walker Texas Lawyer James Walker is a Personal Injury Attorney in Houston, Texas. He has over 40 years of legal experience and has helped over 25,000 clients. This means he has demonstrated his extensive knowledge of legal procedures. He knows how to handle insurance companies. If insurance companies refuse to give you a fair shake, they will take the insurance companies to court. He knows the law inside and out. He knows what he’s doing.

Walker will try to settle your case without going to court. But if that doesn’t work, he is ready and prepared to take your case before a judge. He is Houston’s Personal Injury Lawyer for a reason; he will fight for you, seek the maximum compensation on your behalf, and make sure you get what you deserve after an accident.