Should I accept this money or hold off?
A few days ago, I was rear-ended by an SUV insured through State Farm, while my auto insurance is with Progressive. State Farm took full responsibility for the damages to my vehicle the day after I filed the claim, and I decided to go through them for repairs since this was the only way to secure a rental car while mine is in the shop.
Today, I’ve started experiencing symptoms of a concussion and my clinic advised me to visit the ER for evaluation. After a CT scan, the ER confirmed I have a concussion and advised me to take two days off work. The registration staff mentioned that Minnesota is a no-fault state, meaning they will bill Progressive for my treatment. I informed Progressive of this, and they subsequently opened a personal injury claim on my behalf. My policy covers up to $20,000 for medical expenses, as well as compensation for lost wages (they’re already issuing a check for the two days I’ll miss). They’ve also offered me a $1,000 “advance,” giving me a few days to decide how I want to proceed. I’m confused about whether this advance is different from a pain and suffering payment.
I reached out to State Farm to report a bodily injury claim. They explained that the first $4,000 of my medical expenses will be covered by Progressive, after which they will cover up to $15,000 in medical bills. They’ve also offered a $1,500 payment for pain and suffering that is separate from my medical expenses. When I asked how long I have to consider their offer, they said I have five business days, but that sounded flexible.
I’m concerned about potential future expenses if I accept the pain and suffering check from State Farm. Is the advance from Progressive also distinct from what State Farm is offering?
EDIT: I just recalled that State Farm initially offered me $1,000 (not $1,500) when they opened a bodily injury claim after I reported a headache. They closed that claim a couple of days later since I hadn’t received any medical treatment.
It sounds like you’re navigating a complex situation, and it’s important to be careful with your decisions moving forward. Here’s a breakdown of the key points regarding the advances and offers you’re encountering:
Advance from Progressive: The $1,000 advance from Progressive is likely intended to help cover immediate expenses and medical costs related to your concussion. It can be considered a pre-payment for any future claims you might have under your personal injury coverage. Accepting this advance doesn’t necessarily mean you’re waiving your right to claim additional expenses later.
Pain and Suffering Check from State Farm: The offer of $1,500 from State Farm specifically relates to pain and suffering compensation. Accepting this check can impact your ability to claim further pain and suffering damages in the future. Typically, accepting a pain and suffering settlement may require you to relinquish further claims for those damages.
Medical Expenses: Since Minnesota is a no-fault state, your medical expenses will be primarily covered by your own insurance (Progressive) up to the limits of your policy. State Farm’s offer to cover expenses after the first $4,000 will kick in if your medical bills exceed that threshold and fall within the limits they described.
Since you have concerns about potential future medical expenses, it might be prudent not to rush into accepting State Farm’s offer for pain and suffering compensation and instead focus on your current medical condition and costs. Keeping the lines of communication open with both Progressive and State Farm is essential.
Consider the following steps:
Consult a Medical Professional: Keep following up with your healthcare provider regarding your concussion symptoms to ensure you’re getting the care you need.
Evaluate Your Needs: Think about the potential long-term effects of your injury and how they may impact your daily life and ability to work. This reflection may help you quantify your pain and suffering more accurately.
Legal Advice: It might be helpful to consult with a personal injury attorney. They can offer expert guidance on how to handle the offers you’ve received and ensure that you’re protected legally.
Ultimately, take your time to decide. Ensure that any settlement you accept accurately reflects your current and potential future needs.