What to Do If an Insurance Company Sends a Check Immediately After a Car Accident

Описание: Insurance companies will immediately mail out a check to a car accident victim, if they know the person has a viable case.

These checks will appear in the mailbox within a couple of weeks after an accident.

These checks can seem sufficient enough to cover the full cost of the accident, and sometimes can be above expectations.

These checks do come with a contract.

Insurance companies design it so if you cash the check, that's your way of signing and agreeing to the contract.

Agreeing to the contract will prevent you from filing a legal claim for more compensation.

Medical bills, lost income, vehicle damage and more are not known until long after that initial check is received.

If these expenses end up being more than the first offer, by cashing that check, you risk losing out on additional compensation. Making it so the accident ends up costing you money, when it wasn't your fault to begin with.