Personal injury case

September 17, 2014

Question

Why do insurance companies initial offer always low

Answer

A lot depends on the nature of the case, and how far the claim has been "worked up". Obviously, the insurance company wants to pay out as little as it can, but if it's likely they will lose big if they case goes to a jury, they'll be more inclined to pay the full policy. It's a business decision for them.


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