This source outlines the legal procedures involved when a personal injury lawyer in Georgia initiates a settlement demand against an insurance provider. State regulations require these companies to receive at least 30 days to evaluate and respond to the formal request. The attorney clarifies that a successful payout is not guaranteed, as insurers may choose to deny responsibility or request additional time for review. Furthermore, the response might include a settlement offer that falls well short of the victim’s initial expectations. Ultimately, the video serves as a guide for clients on the unpredictable outcomes that can follow the submission of a claim.
Video Transcript
It is now time to submit the demand for settlement in your case. This is the part where we sit back and wait. Under Georgia law, the insurance company must be given at least 30 days to respond to your demand. The kicker is that they do not necessarily have to respond with a settlement offer. There are several answers we could receive from the insurance company: we need more time to respond, we are not interested in settlement at this time, we are not liable for the claim, or they could offer you an amount much less than what we requested.