Waiting for a Settlement Offer
The vast majority of workers’ compensation cases in Illinois settle, meaning you and the insurance company reach an agreement about how much your injury is worth. The insurer pays you the agreed upon amount, and in exchange, you waive your right to a trial. You also usually waive future medical coverage.
If you’re waiting for a settlement offer from the insurance company, it might never come. Although it often happens this way, they are under no obligation to settle your claim and sometimes might choose to wait it out. Certainly, closing cases is a priority, but so is not spending money. So if the insurance company thinks you’ll just go away, they might use delay tactics.
Another scenario is when you call to check on your claim and the insurance adjuster tells you that your case is closed. They can’t just do that. It’s another tactic to scare you off.
The bottom line is that a settlement offer is usually possible, but you might need to put some work into it, especially if you want to get a fair amount. Insurance companies consistently give low offers, especially to those who don’t have an attorney. The reason we feel the need to remind people that insurance companies are not looking out for them is because they often act like they are. We hear from people who say they didn’t think they needed an attorney because the insurance adjuster was so “nice” or “helpful.”
Hiring an attorney who has experience negotiating with insurance companies can make a huge difference in your claim turns out. The insurer’s goal is to save the insurance company money. Their priority is never your health or financial security.
We are workers' compensation attorneys that help people with Illinois work injuries anywhere in IL via our statewide network of attorneys. Contact us and we will answer your questions or find the right lawyer for your situation.
Be careful out there. Happy holidays!!