When the insurance company realizes that their client is liable, they’ll try and offer you a settlement amount to close the case instead of taking the case further. At this stage, if you don’t have an attorney, the insurance company will most likely offer a low ball settlement as quickly as possible.
They’ll make you sign documents pertaining to the agreement, which will nullify all your future claims regarding the incident. For instance, if the injury demands you to pay more against the medical bills, you won’t be able to claim any compensation regarding the additional costs.
Therefore, consulting a well-versed auto accident attorney becomes critical to determine the actual worth of the case, which entails medical bills, lost wages, property damage, and the pain that has resulted from your accident.
A personal injury attorney can help you evaluate the physical, material, and psychological worth of the accident, including the lost wages. Once represented, your attorney will most likely send the at-fault party a demand letter. This letter will outline all of your pain and suffering as well as all medical records, medical bills, and other expenses, both past and future, that you have incurred or will incur. This sets your case up for further negotiations and, if these negotiations don’t amount to anything, your attorney will file a case against the at fault party in court.
The Negotiation Phase
When both parties have all the case-related facts and figures, next follows the negotiation phase.
In the light of the present evidence, such as medical records, witness statements, and physical evidence, the insurance company will provide you with an offer they find sufficient to cover damages incurred due to the accident.
It’s important to again understand that each insurance company employs a team of lawyers who help them devise strategies to narrow down the compensation amount.
Consequentially, it becomes significant to hire an experienced auto accident attorney who is familiar with their tricks and tactics, supports your claims, and prioritizes your interests. In addition, an attorney knows their language and can talk to them in the same tone and tuner to get you what you’re actually owed.
Reaching Settlement Agreements
Your auto accident attorney will go above and beyond to convince the defending insurance company to agree on your terms and pay what you truly deserve. If the other party agrees on the settlement condition offered by you, then and there, the insurance company will make you sign the agreement documents to avoid any future claim.
Avoiding court proceedings will benefit both parties since it’ll help them evade the long proceeding and regular visits, saving time, money, and energy for everyone. Thus, if the insurance company knows you are represented by an experienced personal injury attorney who has no problems taking cases to trial, the insurance company is likely to settle for close to what you want.
Peace of Mind
When you or someone you know is going through the excruciating phase of physical pain and mental agony resulting from an accident or someone else’s negligence, your auto accident attorneys will walk you through the process and handle everything to ensure your peace of mind.
If you or someone you know ever gets injured due to someone’s negligence, you should seek legal help for compensation.
Our experienced auto accident attorneys at Kirakosian Law can help you overcome challenges and obstacles, as well as advocate for the best possible case settlement on your behalf. Call us today at (213) 444-2908 or request an appointment online.
*These blogs are meant purely for educational purposes. They contain only general information about legal matters. They are not legal advice, and should not be treated as such. If you have any specific questions about any legal matter you should consult with an attorney.