If you have been involved in a car accident, you are going to have to work with your car insurance company towards a settlement offer. Your settlement offer is supposed to compensate you for the damages that your body and property sustained as a result of the car accident that you were involved in. Make sure you don't fall for these three common misconceptions about car accident settlement offers.

Misconception #1: You Have To Sign The First Deal You Are Offered

Many people wrongly assume that they have to sign the first deal that they are offered. That is not true. You do not have to accept the first settlement offer that your insurance company presents to you.

Take some time to go over your settlement offer. Make sure that your settlement offer includes compensation for the damage to your vehicle as well as all your medical bills. If it does not include compensation for all the damages related to your accident, bring this issue up with your insurance adjustor and wait for them to make another offer.

Misconception #2: You Can Come Back For More Later

It is extremely important to understand that you can't come back for more. Once you accept a settlement offer from your insurance company and sign all the legal paperwork related to your settlement, you cannot ask your insurance company for additional money.

That is why it is so important to look over your settlement offer and make sure that everything adds up. Compare your settlement offer to all of your vehicle repair bills, medical bills, and to your calculation of any lost wages. If the numbers don't add up, make sure you address it with your insurance company before you finalize the settlement offer. Remember, you can't come back for seconds.

Misconception #3: You Can't Have An Attorney Look Over Your Settlement Offer

Finally, some people believe that they can't have an attorney look over the settlement offer that the insurance company offers them. Some people even feel pressure from their insurance company to accept the deal quickly.

However, having a qualified personal injury attorney look over your settlement offer is often a wise move. Your attorney can make sure that everything adds up, and that you are being fairly compensated for all the injuries and damages related to the accident. Additionally, your attorney can help you negotiate with your insurance company if they find anything that doesn't add up with your settlement offer.

You only get to accept one settlement offer from your insurance company in relation to your car accident, so make sure you take all the time you need to look over the offer. An attorney can help you look over your offer and let you know if anything has been overlooked or if you are good to go. Contact a company like Jacobs & Barney LLC for more information.