Lowball Offers from Geico

Author: Attorney Dennis Schaefer

Most insurance companies are willing to throw out a “lowball” offer on an injury case. Sometimes they do this at the scene of an accident. Sometimes they do this after a demand letter has been sent and reviewed by the insurance company. Sometimes they do this even after a lawsuit has been filed.

They justify this behavior, even in serious injury cases, by taking the position that this takes the risk out of proceeding further for the client. Geico insurance company has been notorious for lowballing injured people involved in accidents with their insureds. Sometimes they become quite aggressive about accepting their offers.

It is our experience with Geico and other insurers that it is almost always more lucrative to not settle for their lowball offers but to forge ahead. In the case where you have been given a lowball offer and you are represented by an attorney, you can always seek a second opinion before you make up your mind.

Dell & Schaefer have frequently provided second opinions to accident injured clients who have received an unacceptable offer. There have been times where we felt we were unable to help the client achieve a higher settlement. However, the majority of the time we are able to identify and recommend several areas where the case can be made better and advise on a different approach to obtain a higher offer.

If you find yourself unhappy with the offer on your case and would like a second opinion, do not hesitate to call Dell & Schaefer. Frequently we have been able to take over a pending case and achieve a much better result.