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If you want to make sure you are fairly compensated for your suffering, you need to talk to an attorney

5 Reasons to Talk to an Attorney Before Accepting a Settlement

If an insurance company is offering you a settlement and you haven’t spoken to a law office that has your interests at heart, there is a good chance that you may miss out on some of compensation you would otherwise get. While an insurance company may try to make it seem as though their offer is the only offer you will ever get, the truth is that settlements are a negotiation and having an experienced law office in your corner can put you in the best possible position with the insurance company.

Here are five reasons why you need help from a personal injury attorney like the Law Offices of Larry H. Parker.

  1. The insurance company is looking out for their interests first and foremost

Even if the insurance company is paying out on a policy that is in your name, their interest is to their shareholders. This means that, in the interest of their shareholders they will pay you as little as possible in order to settle your claim. It is best not to assume that the insurance company is offering you the best deal. The Law Offices of Larry H. Parker can help you determine if the settlement the insurance company proposes is in your interest or not.

  1. Insurance companies are likely to start with a low offer

Even if the insurance company’s initial offer appears to be fair it may not be. There are many different ways to determine damages and the insurance company is most likely to start out with a method that costs them the least amount of money. (See #1.) Agreeing to a company’s initial offer is how many people end up receiving compensation that is less than they are entitled to.

  1. You may not know the extent of your damages

It is common for people who are in a traumatic event to think that they are okay in the immediate aftermath, only to realize days or weeks later that they were actually severely injured. This is optimism can also extend to property. It is always best to determine what the actual damages are before agreeing to a settlement.

  1. After agreeing to a settlement your options are limited going forward

As part of a settlement you will often be required to sign legal documents limiting your future rights to compensation. It is best to have someone with your interests at heart assist you before you sign away such important rights.

  1. There is no risk to you to have the Law Offices of Larry H. Parker represent you in your personal injury case

The Law Offices of Larry H. Parker will review your personal injury case for free. If we decide you have a case and you want to move forward we will take the case on a contingency basis. This means you won’t have to pay anything until the case is settled, and, in the event that there is not settlement you won’t owe us a penny.

If you have a personal injury case and you want to learn more about your options, please call The Law Offices of Larry H. Parker before accepting a settlement from the insurance company.