Should you take the insurance company’s offer? It depends, if they offer you policy limits right off the bat, then generally you maybe have a take. On the other hand, let’s say you’re really injured, and the amount of money that the insurance company has as policy limits is not going to be near enough to satisfy what your claim is worth. You may not want to take it in those situations.
Another situation is, let’s say you had some guy who is a millionaire and for whatever reason, he only has a minimum limits policy. Well, you may not want to take the minimum limits policy if this guy is worth a whole bunch more money that you could potentially go after. Just remember, you can always negotiate with them — whatever they offer is generally their first offer. So generally you do not take their first offer.