Are You About to Accept a Personal Injury Settlement? Stop and Read This First

You may be eligible to compensation if you were hurt in an accident that was not your fault. For example, if you were hit by a drunk motorist, that individual has responsibility for the accident, and their insurance company is liable for your reimbursement. In most circumstances, insurance companies prefer not to go to court in personal injury claims. Rather, they will examine your case before making a settlement offer.

Before you accept any settlement offer from an insurance provider, there are three things you should know. Keep reading to learn them and then contact The Law Offices of Larry H. Parker at 800-333-0000 for a free legal consultation.

You may be entitled to further remuneration

In order to keep expenses low, it is in an insurance company’s best interests to give as little compensation as possible. As a result, their initial settlement offer will nearly always be inadequate. Non-economic losses such as pain and suffering are frequently overlooked. In certain situations, settlement offers are insufficient to pay your economic losses, such as medical expenses, property damage, and missed earnings.

You have the ability to bargain for a better deal

You can and should negotiate for a higher settlement offer if you obtain one that is less than what you need or deserve. The worst that may happen is that the insurance company will hold firm and refuse to raise their offer—they won’t completely revoke it, so you have nothing to lose. However, if the evidence in your case is solid enough, you should be able to negotiate a better deal that provides fair recompense.

You’ll need an attorney to represent you

When you have an expert on your side, insurance companies respond better. You may obtain experienced guidance with all of the procedures necessary to put you in a good position to effectively negotiate for full and fair compensation by engaging a personal injury attorney.

Your attorney, for example, may assist you in gathering evidence for your claim, explaining the amount of compensation that would be appropriate given the facts of your case, and keeping the insurance company under pressure to treat you properly. You may concentrate on healing from your injuries while your attorney handles the compensation talks.

Do you require assistance with a personal injury claim?

If you’ve been hurt in an accident that wasn’t your fault, The Law Offices of Larry H. Parker will help you get the most money possible through settlement discussions or litigation. Call 800-333-0000 and ask for a free consultation with a personal injury lawyer to learn more about working with us.