You’ve been in an accident. One of your many pressing concerns is “How am I going to pay for all of this?” Accidents are expensive. Understandably, you’re going to want to make sure you’re compensated fairly. From possible medical bills to lost income, you need a full and fair settlement from the insurance company. It’s stressful trying to figure out how the money is all going to work—and how you are going to cover the inevitable expenses.
Financially, you have to consider all of that while still supporting yourself and your family. People who have been in an accident need answers to their financial questions, and they often feel they can save money by handling their case on their own. You might feel confident that insurance companies are set up to serve you when you file a claim or that you can “pressure” them into giving you the money you feel you deserve.
The reality is that insurance settlement cases are complicated. You might have thought that the insurance company is on your side—but they aren't. They exist to make money, so a dollar less on your settlement is a dollar more in their pockets. If you try to handle the claim on your own, you will almost certainly get an offer that is well below its true value.
The insurance company knows it has all the monetary power and legal leverage when you chase a claim without an attorney. Without legal experience, you will in all likelihood be taken advantage of. There are important deadlines and legal documents and medical reports that require exactness, as well as an extensive list of other proceedings that an accident victim will neither be aware of nor prepared to tackle on his or her own.
Personal injury attorneys are indispensable advocates for their clients. They unravel the legal traps and unnecessary complexities created by the insurance companies in order to secure the highest compensation possible for you.
A study conducted by the Insurance Research Council (IRC) showed that accident victims who use a personal injury attorney receive an average settlement that is 3.7 times larger than what's received by those who try to brave the insurance companies without an experienced attorney—even after all of the legal fees are deducted.
The simple truth is that you can't afford to go without an experienced personal injury lawyer on your side. The insurance company is going to look for any way they can to take advantage of you, but you don't have to let them get away with it.