What is a lowball settlement offer?

A lowball settlement offer is an insurance company's initial offer that significantly undervalues your claim. Insurers make lowball offers hoping you'll accept quickly, especially if you're facing mounting medical bills or financial pressure from lost wages. Common tactics include offering only your documented medical bills without pain and suffering, disputing the severity of your injuries, or arguing that your injuries were pre-existing. In catastrophic injury cases, lowball tactics are especially egregious. Insurers may offer tens of thousands when lifetime damages are worth millions. They count on victims not understanding the full scope of their future needs, including decades of medical care, lost earning capacity, and permanent impairment. An experienced personal injury attorney recognizes lowball offers and knows how to counter them effectively. At Kane Trial Law, we don't recommend accepting offers that don't fully compensate you for your injuries, even if that means filing a lawsuit.