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4 Challenges Your Auto Accident Might Protect You From During A Claim Settlement

Law Blog

The trauma after an auto accident can be too much to withstand. While it may be obvious that the other party caused the accident, you might think accepting the compensation offer right away is the best way out. The other driver's insurer will contact you to settle as quickly as possible. Here are the dangers your auto accident attorney can save you from.

1. Unquantifiable or Worsening Injuries

It is impossible to know the severity of your injuries within a few days after the accident. Accepting an offer before knowing what the future has in store for you could be a grave mistake. You probably walked into the hospital with a mild concussion that later manifests into memory loss or brain injury. You might want to take your time and rest while searching for an auto accident attorney who will help you consider your long-term suffering and injuries before compensation.

2. Inadequate Compensation

Insurance companies are in business to make profits. Therefore, they generally don't have your best interests at heart when they decide to settle your claim too fast. While accepting the first offer might seem like the easier thing to do, you might later come to discover that the amount you accepted was below the amount you deserve.

However, a competent lawyer can protect you from making this mistake. The legal advisor will ask you not to discuss the matter with the relevant insurance company in their absence. They'll conduct independent investigations and build a case to pursue the compensation you deserve.

3. A Settlement Is Often Final

Victims often make the mistake of settling too early without understanding that the deal cannot be renegotiated later. There are chances you agreed to be partly responsible for the accident, which could affect your case. This gives the insurance company a better defense. The insurance company might also argue that you agreed to the deal and concluded the claim, which means they will have the upper hand. Fortunately, you can avoid making these mistakes by getting an attorney and don't accept any offer brought forward without your attorney.

4. Failure to Include Future Income Loss

The injuries sustained might affect your ability to work in the future. Fair compensation should include all future income lost. But you won't get it if you accept an offer early and fail to consult with an attorney. Calculating the compensation amount requires legal expertise, time, and an understanding of the relevant laws. You might want to leave this to an attorney who will factor in the lost income to ensure you get the amount you deserve.

Your lawyer can help you answer any claim-related questions, file and pursue a claim, and seek the settlement you deserve for the nightmare you went through. Remember to involve a competent auto accident attorney to protect your interests if you want to file a claim. 

Contact a local accident attorney for more info. 

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9 September 2022