Every driver has to carry automobile insurance to comply with the law. Typically, motorists have liability coverage. Drivers can choose to carry supplemental coverage in addition to the baseline coverage mandated by law.
The person who is at fault for the crash provides the insurance that compensates the other people involved in the wreck. Some car crash insurance claims take months to resolve. People with car crash injuries may need to submit vehicle repair invoices and medical bills as their expenses accrue.
In many cases, it may be possible to settle an insurance claim based on the likely long-term expenses generated by a wreck. It is relatively common for those preparing for insurance negotiations to retain legal assistance. Why do many people trying to settle insurance claims hire attorneys?
To more accurately estimate their losses
Most people negotiating large insurance claims have never experienced a significant collision before. They may have a hard time anticipating future expenses and reasonably estimating their losses. Lawyers who routinely support individuals with serious injuries can use their experience and insight to help people more effectively estimate their property damage losses, medical expenses and lost income.
To counter low offers
Insurance companies offering settlements often try to limit their losses. They achieve that goal by making a settlement offer below the policy limits. The first offer is usually a starting place for negotiations. The process of negotiating a more reasonable settlement based on the amount of insurance available can be a challenge. Attorneys can manage that process on behalf of their clients.
To know when to walk away
Some insurance professionals simply don’t want to compromise. Especially in scenarios involving large policies and serious injuries, there may be a lot of pressure to settle quickly and for an unfairly low amount. A lawyer can advise a client when the best option may be to leave the negotiation table. They can also help their clients evaluate different options for compensation, including personal injury lawsuits against the other driver and third-party lawsuits.
Those already dealing with injuries and financial hardship may not have the emotional bandwidth to effectively navigate car crash insurance negotiations. People who have proper support are less likely to make mistakes that limit the compensation they receive. Learning more about car insurance settlements can be beneficial for those affected by collisions accordingly.