After I filed a claim, the insurance company offered me a ridiculously low settlement that won come close to covering the necessary repairs. Should I accept the offer?
If you dispute the amount tendered, you should put that dispute, along with YOUR EXPERT’S repair estimates, in writing and send it, via CERTIFIED, to your adjuster. You should NOT accept the money if the amount tendered is below the amount needed to fully mitigate damage (i.e., stop the bleeding). If your insurer is still “investigating” the claim, you should demand that the insurer allow you to begin repairs with the money tendered but require the insurer to put in writing permission to begin permanent repairs (so that later they cannot deny the claim because you made repairs BEFORE their investigation was complete) and instructions for you to follow after the tendered money is exhausted yet more repairs are needed.
