Injured? How an Insurance Company Walk Away Offer Can Positively Impact Your Injury Lawsuit
For the uninitiated, the belief that once one gets injured due to another party’s negligence, the next step to take is compensation is a prevalent one. However, the world of personal injury law is one filled with machinations and back and forth negotiations as well as legal delays that are often necessary to ensure you are not left strapped for cash later on, especially if you suffered catastrophic injuries such as spinal cord injuries, traumatic brain injury, severe burns or facial injuries and disfigurement. The reality is that most personal injury lawsuits, never see the insides of a courtroom and instead, they are settled via insurance company negotiations.
While insurance companies are usually not amenable to making large payouts, they may do this if there are signs that if you were to go to court, your settlement could potentially be a much higher figure than what they are offering given the evidence and witness testimony. As your nationwide personal injury attorneys, we are skilled in the art of negotiation and are able to strategically provide what is known as a “walk away” offer, which is a non-negotiable demand for a settlement amount that is specific and unwavering. This offer is a sign to the opposing insurance company that we believe so much the value of your case that we are prepared to go to trial, which is often a risky and costly affair in and of itself. Read on to find out how and when we put this offer on the table as a strategic move to get you the maximum compensation you deserve.
Get Legal Experienced Help!
Are you looking for the best injury lawyer? Please call us NOW at (314) 481-63338 to learn more about your legal options for justice and compensation. The experienced, countrywide personal injury attorneys at McCready Law have combined experience spanning over 90 years where we’ve helped tens of thousands of injured Americans from all corners of the country as well as from various socioeconomic backgrounds, helping them recover money damages after getting injured on account of the negligent actions of other individuals or large corporations.
To date, we have recovered over $260 million and counting for our clients, and our success is due to a number of factors such as personally handling all claims that come into the firm and not letting paralegals or inexperienced legal assistants work on them as seen in most law firms, our commitment in making sure that we put a capable and aggressive team for each claim made of physicians, investigators as well as industry-respected experts, as well as not being afraid to litigate claims in a court of law if we believe the client deserves maximum compensation based on their injuries or the actions of the defendant.
By contrast, most law firms simply engage insurance company representatives in settlement negotiations which may be fast but end in the injured party getting the short end of the stick via paltry payout. In addition to running a bilingual firm (hablamos Español), we have nationwide reach thanks to our trusted network of referral attorneys and law firms, and we take on all cases on contingency fee basis, which simply means that there are ZERO UPFRONT FEES for the duration of the processing of your claim, as we only levy our fees at the end of the suit, and only if we’ve recovered compensation on your behalf. If you were in an auto accident, slipped and fell, got injured at work or at a retail store anywhere in the country, please call us NOW at (314) 481-63338 to learn more about your legal options for justice and compensation – our intake team is standing by.
The Ins and Outs of a Walk Away Offer in an Injury Claim
At its core, a walk away offer is a decisive, final and non-negotiable settlement demand which is different from a typical negotiation since it is accompanies by an implicit deadline and the threat of litigation. This offer signals the end of a discussion and we wash our hands clean of any further negotiations after offering this amount. For the defendant, they have two choices: either accept the offer and close the case, or reject it and meet us in court for all-out war.
We employ this tactic not out of overconfidence but due to our knowledge of how insurance companies operate: they usually do a cost-benefit analysis and knowing that a trial is inherently unpredictable and expensive, they are more likely to settle even when a trial judgment award would exceed the amount we are proposing. With this final offer, we shift the burden of risk to them as well as the at-fault party, while signaling that we are not only not desperate for a settlement, but we are also prepared to invest the time, resources and effort needed to take a case to trial.
The Elements Required to Engage a Walk Away Offer
In order to engage the insurance company in a “walk away” demand offer, the following must be present:
- An impeccable case of liability where we are able to prove that the defendant is unequivocally at fault given the evidence at hand, the clear causation demonstrated by experts and that you did not contribute to the negligence in any way, shape or form.
- Comprehensive damage valuation where we’ve already accurately calculated valuation of all damages including economic damages such as medical expenses, lost wages as well as non-economic damages such as pain and suffering, emotional distress, loss of enjoyment of life and so on.
- Defense behavior that is unreasonable or is operating in bad faith such as lowball offers, delay tactics in an attempt to frustrate the client, as well as denial of liability even in the face of glaring evidence.
Don’t Engage the Insurance Company Solo – Call Us NOW!
We only engage in “walk away” offers when we’re sure of your case and the indices above are present. Don’t attempt to go it alone and don’t hire just any other inexperienced law firm – get in touch with us NOW at (314) 481-63338 if you were injured and are dealing with a potentially difficult at-fault party or insurance company and we shall fight to get you the compensation you are rightfully owed. Remember, we take on cases countrywide, there is no legal obligation, and your first consultation is 100% FREE. Thanks for choosing McCready Law, and we look forward to helping you.