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Should You Accept a Settlement Offer in Homestead or Your Community?

If you have been injured in a truck accident in Homestead or through any type of traffic accident, you may get a settlement offer from the car insurance company representing the at-fault driver. If you have underinsured or uninsured motorist coverage, you may get an offer from your own insurance company.

How can you know whether you should accept the offer?

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There are many things you will want to consider:

•What are the total costs of damages and injuries in your case?
•Are there likely to be long-term or permanent injuries or costs in your situation?
•Are there limits and conditions the insurance company expects you to accept?
•How much is the offer?
•How long do you have to consider the offer?
•What is the fine print?

Often, you will be made an insurance offer right away – sometimes before you even have a full diagnosis for your injuries. It can be difficult to determine whether this offer is fair and whether it will cover all the costs of your injuries. It is important to be careful in this situation and to get legal advice from a personal injury attorney in Homestead before you make any decisions about your case.

Remember that once you accept insurance money, you may be signing away some or all of your rights to pursue more compensation in your case. Remember, too, that unexpected medical expenses the leading reason for personal bankruptcy in the United States. It can be difficult for a layperson with little injury law experience to analyze likely total costs and a fair compensation offer.

It is good to get a second opinion, especially if your injuries may be long-term or permanent. With inflation, the costs of your injuries may end up being much higher than you realize. Consider, for example, that a spinal cord injury patient in Homestead can expect to pay $100 000 or more in medical bills in the first year of treatment if the injury is severe. Pursuing fairer compensation is not only your right but it can also help protect your family in the long-term.

Accepting insurance money now and realizing after the fact that it will not cover all of your costs can lead to financial disaster. A personal injury attorney can help apprise you of the likely costs of your injuries and the strength of your case so that you can make an informed decision. If you decide to pursue a case, a personal injury attorney can take care of all the details for you.


Are you looking for personal injury attorney in South Florida? Flaxman Law Group has offices in Homestead, Hollywood, and Miami. Our attorneys have more than 60 years of legal experience helping plaintiffs across South Florida. Charles Flaxman of the Flaxman Law Group worked for ten years in the insurance industry before dedicating his life to the law. His expertise in the insurance industry allows him a unique insight into how insurance companies evaluate claims – an insight that he can put to work on your case. Take advantage of our free, no obligation consultation to find out about your rights and options.

Client Reviews
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Mr. Flaxman is highly skilled and very pleasant to work with. He communicated with me at every step in the process, and clearly presented information relating to my case. To anyone considering retaining his firm, I highly recommend him. Clara Barman
★★★★★
THE BEST. Honest, very knowledgeable, fast and easy. has helped me in numerous situations and has never failed me. Joe Gee
★★★★★
Charlie is a very skilled attorney that advocates hard for his clients. But the best part is he is an all around great guy. He cares about helping and doing what is right for people and his community. And he is not afraid to fight against those who do wrong or against threats to our world. He is fluent in Spanish as well. Do yourself a favor and call him. Andy
★★★★★
I had a lawyer on another case and I never spoke to the lawyer and I hated that I never knew what was going on in my case. Mr. Flaxman was in constant communication with me, explained everything to me, and his staff was really great too. My phone calls were always returned immediately. It was refreshing to be able to speak to my attorney personally. I would HIGHLY recommend Mr. Flaxman as an attorney to anyone who has been in an accident. Gloria
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I found Mr. Flaxman to be an excellent attorney for my personal injury case. This is actually the second time I have used him and he really represented my interests. He explained everything thoroughly and he was very available for my questions. Carol