Making an offer shortly after the injury-causing incident is preferable to protracted negotiation. A fast settlement can eliminate potential “bad breaks” resulting from subsequent events or discoveries.
It should be obvious that if the claim looks bad it will probably not get any better with the passage of time and there is an excellent chance that it will get worse. Settling the claim early will avoid a large judgment against the insured later. Quick evaluation and settlement also enable the insurer to avoid defense costs—but this consideration should not lead to unconsidered settlements at the expense of a good claim adjustment.
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