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Should I Accept The First Offer Of Compensation

By Jessica O\'Neal

If you have suffered an accident in the car, at work or in a public place it can often be a distressing and confusing time and if you are pursuing a claim for compensation you may be concerned that you may not receive any compensation.

This common concern often leads to claimants being unsure as to whether they should take the first offer an insurer or solicitor makes them, as this cuts out the rest of the claims process and means they are guaranteed at least some compensation.

Those at fault (or those representing them) will often take advantage of this fear, manipulating it by using pressure tactics so that the injured party is more likely to take them up on their offer. For them it is a win-win situation as they usually save money, time and can often avoid some of the bad press surrounding these types of claims.

However if in most cases the first offer will be considerably less than what the claim is actually worth, with some cases having a difference of over 1000%. After the stress of an accident, which may have lead to loss of earnings, both past and future a difference of this much value can really change your life for the better, whereas an initial offer may only cover basic costs or loss of earnings so far.

The claims process can seem lengthy and frustrating at times, but if a solicitor is advising that the best course of action is to continue and not take the first offer, then they are usually right. Taking the first offer means that most injured parties will be given markedly less than they would have if the claim continued.

On the whole, if someone wasn’t protected by their employer, was the victim of a reckless driver or suffered because of someone else’s lack of duty of care, then they are entitled to receive compensation and an apology and by carrying out a claim to its full resolution this is usually achieved.

If you think you have grounds for a head injury claim or have suffered an injury at work and would like to make a industrial accident claim then a specialist solicitor will be able to help you with each step of the process.

Article kindly provided by UberArticles.com

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Article Citation
MLA Style Citation:
O\'Neal, Jessica "Should I Accept The First Offer Of Compensation." Should I Accept The First Offer Of Compensation. 21 Jun. 2010. uberarticles.com. 19 Aug 2014 <http://uberarticles.com/legal/should-i-accept-the-first-offer-of-compensation/>.

APA Style Citation:
O\'Neal, J (2010, June 21). Should I Accept The First Offer Of Compensation. Retrieved August 19, 2014, from http://uberarticles.com/legal/should-i-accept-the-first-offer-of-compensation/

Chicago Style Citation:
O\'Neal, Jessica "Should I Accept The First Offer Of Compensation" uberarticles.com. http://uberarticles.com/legal/should-i-accept-the-first-offer-of-compensation/


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