What Happens If I Don’t Accept an Insurance Settlement Offer in Maryland?

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After a serious accident like a car crash, a victim will likely contact their insurance carrier or the negligent person’s insurance carrier to report the accident. After negotiations between the insurance companies and the victims conclude, the victim is typically offered a settlement. However, this settlement may not reflect the actual value of the case. If you or a family member is considering a settlement offer after a serious accident, you should consult with an experienced Baltimore personal injury lawyer. At the Law Offices of Randolph Rice, we are committed to working with victims of an accident to pursue the compensation they need for medical expenses and other costs incurred. Personal injury attorney Randolph Rice is here to explain what happens if a victim does not accept an insurance settlement offer.

Common Issues with Insurance Settlement Offers in Maryland

After suffering a serious injury, a victim may seek compensation from the negligent driver that caused the accident. For example, if you were involved in a car accident, you may pursue compensation from the insurance company that insures the negligent driver. If you are successful when filing a claim against the driver, the insurance company will provide you with compensation for the damage to your vehicle, medical expenses, and other costs incurred due to the accident. However, the settlement offered by an insurance company may not be sufficient for your needs.

When filing a claim to recover compensation from an insurance company representing a negligent person or entity, it is vital to remember that the insurance company does not have your best interests in mind. This means that the insurance company will go to great lengths to diminish the value of your claim for compensation. For example, if you were involved in a slip and fall accident at a hotel, the insurance company that insures the hotel may attempt to assert that the accident was your fault.

An insurance company may employ a number of tactics to diminish the value of a victim’s claim. One tactic is to attempt to place doubt around a victim’s recollection of the accident. For example, an insurance claim adjuster may ask an excessive amount of questions with the intent of confusing the victim into making a statement that harms their case. That is why it is essential to consult with an experienced attorney that can provide you with guidance during these situations.

As mentioned, insurance companies do not have a claimant’s interest in mind. Instead, insurance claim adjusters are concerned with minimizing the liability of the insurance company. As a result, the insurance company may offer a victim an inadequate settlement amount that will not cover the victim’s expenses. Fortunately, a victim of an accident is not required to accept a settlement offer from an insurance company. The victim may be able to claim a greater amount of compensation by filing a personal injury lawsuit against the individual or entity responsible for their accident.

To learn more about filing a personal injury lawsuit in Maryland, you should continue reading and speak with an experienced Maryland personal injury attorney.

When to File a Personal Injury Lawsuit in Maryland

If you were a victim of an accident in Maryland, you should consider filing a personal injury lawsuit. Our firm deals with a wide range of cases from truck accidents to medical malpractice, and we can help you get started on your injury lawsuit.

When filing a personal injury lawsuit in Maryland, you should be aware that your case is subject to the statute of limitations. The statute of limitations determines the length of time that a person has to file a lawsuit with a court of law. The amount of time provided to file the lawsuit will vary depending on the circumstances of the victim’s accident.

In Maryland, a plaintiff has three years from the date of an injury to file a personal injury lawsuit. If a victim does not file their lawsuit within this timeframe, they will be unable to pursue compensation for their case. Specifically, upon a defendant’s motion to dismiss, the court can bar the plaintiff’s claim. This can be devastating for a victim that was relying on a lawsuit to earn compensation for various expenses incurred due to the accident.

While three years is a generous amount of time to file a lawsuit, there are various benefits to filing your case as soon as possible. For example, if you wait until the statute of limitations is about to expire, you may have trouble finding an experienced attorney that is willing to take your case. Additionally, waiting years to file your case could make it challenging to track down witnesses or evidence needed to prove your claim.

If you are concerned about the approaching deadline for your case, you should speak with an experienced attorney as soon as possible.

Call Our Experienced Maryland Personal Injury Attorneys to Discuss Your Case

If you or a family member was a victim of an accident due to the negligence of another, contact an experienced personal injury attorney today. The legal team at the Law Offices of Randolph Rice possesses extensive experience dealing with complex personal injury claims, and we are prepared to fight for you. To schedule a free legal consultation to discuss your potential case, contact the Law Offices of Randolph Rice at (410) 694-7291. You can also contact the firm by using our online submission form.

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