No. Accepting an insurance company settlement can be attractive as it resolves your claim sooner rather than later. It may seem like less of a hassle and a time-save to just take what they offer you. However, this is a grave mistake, especially in cases where the claimant suffers a catastrophic injury.
It can take some time before the victim of a catastrophic injury even knows the extent of their injuries and how they will affect them in the future. Even Duluth catastrophic injury lawyers with decades of experience hire financial experts to help determine what a catastrophic injury claim is worth. You can’t know what your claim is worth without speaking to an attorney and waiting to see how your injuries will impact your life. Although settling with the insurance company will resolve your case, it almost certainly will devalue your claim substantially. We strongly encourage speaking to an attorney first.
