Personal injury case
September 17, 2014
QuestionWhy do insurance companies initial offer always low
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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