My insurer is asking me to settle. Should I?
Before making any decisions regarding a settlement or an acceptance of insurance company money after a delay or denial of coverage, it is strongly advisable that one consult an attorney. Insurers sometimes offer a settlement to stall a claim, eventually offering a policyholder a settlement amount that is much less than the expected coverage sum. The intention in these instances is for the insurance company to avoid making full and proper payment for the insured party’s damages.
Before you sign anything for your insurer that forbids you from filing a claim, you may want to check with an attorney regarding that agreement’s value. For more information regarding your options, contact the Bastrop fire insurance claim attorneys of Williams Kherkher today by calling 800-639-8460.