If you have insurance and you want a neat, no fuss claim remedy, you can accept the damages offered by your insurance company. It’s a matter of trust that the insurance company will come to a fair resolution. Be aware that an insurance company is not looking out for your benefit, nor will you necessarily get the fairest settlement due you, but you can certainly do this without a lawyer. Victims who accept the compensation offered by their insurance companies typically receive smaller settlements than those who have hired a personal injury lawyer. While most insurance company employees are perfectly nice people to deal with, their first responsibility is to the company. Insurance companies are for-profit entities, and, like it or not, their first priority is to their profit margin and their shareholders. In order to produce the highest profits, they need to make sure the claims they pay out are at the minimum they can get away with. Victims who go on to hire personal injury lawyers most often find that what they were offered by their insurance companies do not nearly meet the value of their claim.
Many victims of automobile accidents are reluctant to hire a lawyer because they feel it will be too expensive, To some, they don’t want the added financial hardship. On top of their medical costs and often their inability to work, the last thing they want is the added expense of a lawyer. However, most personal injury lawyers charge on a contingency fee basis. This means that there are no charges unless there is a monetary claim resolution and damages are awarded to the plaintiff.
In the case where you may be putting off speaking to a personal injury lawyer, bear in mind that there are time limits to filing claims. A claim must be filed prior to the expiration of that time period. If you are considering retaining a lawyer, bear in mind that it also takes time to investigate and gather information. If the time limit expires before a claim is filed, you may be barred from a claim no matter how compelling your case may be.
By retaining a personal injury lawyer as soon as possible, you can get back to the work of healing. While your lawyer is taking care of the investigation and dealing with the insurance company, you can focus on your family, medical care and recovery. Your lawyer has the experience and knowledge of the law to know what your claim is worth. He or she will be an advocate for your rights and pursue the best possible compensation for your situation.
If you have questions, the lawyers at B & P Injury Law Office will offer a consultation that is free. We have protected the rights for our clients in Collingwood, North Bay, Sarnia and the surrounding areas and would be happy to discuss your rights with you. Call us today.