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How Hiring a Car Accident Lawyer Can Increase Your Settlement Amount

The Idaho Advocates of Boise
Photo Credited to The Idaho Advocates of Boise

Imagine being the driver in a catastrophic car accident, where injuries are severe, bills are piling up, and stress levels are through the roof. You’re on your own facing insurance companies that have their best interests at heart, not yours. Suddenly, the settlement offer they propose is significantly less than you expected—or worse yet—needed. But what if there was someone who could help navigate this labyrinth of legalities and paperwork? An experienced car accident lawyer can bring clarity to confusion, protection from predatory insurance practices, and increase your settlement amount substantially. This post will explore how hiring a professional attorney can be a game-changer in your fight for rightful compensation following a car accident.

Hiring a car accident lawyer can improve your chances of receiving a higher settlement amount by allowing an experienced legal professional to negotiate with at-fault drivers or insurance companies on your behalf. Studies have shown that those who hire lawyers receive significantly higher settlement amounts than those who proceed without one, up to 40% in some cases. Additionally, lawyers can file claims, disperse and educate clients on their rights, and determine all emotional, financial and bodily injuries that may have been sustained during the accident in order to calculate an appropriate amount for those damages. Ultimately, hiring a car accident lawyer gives you a better chance of obtaining the greatest possible financial recovery for your situation.

Benefits of Hiring a Car Accident Lawyer

Being involved in a car accident can be a traumatic experience for everyone involved. In addition to the emotional trauma, car accidents can cause severe physical injuries that might require expensive medical treatment and therapy. Furthermore, the process of filing an insurance claim to recover damages can be incredibly overwhelming, especially if you are still recovering from your injuries and are not familiar with the intricacies of personal injury law.

Hiring a car accident lawyer can help you navigate this complex legal process and ensure you receive adequate compensation for your losses. Experienced car accident lawyers have extensive knowledge of personal injury laws and are able to identify all available sources of compensation, including medical expenses, lost wages, and pain and suffering. By working with a lawyer who has experience in dealing with insurance companies and settling claims, you can rest assured that your rights are being protected and that you are receiving all the benefits you are entitled to.

Hiring a car accident lawyer can bring peace of mind during what is typically a stressful time. For instance, I once had a friend who was in a major car accident but was hesitant to hire a lawyer because she thought it would cost too much. After her insurance company refused to pay for her medical expenses or other damages related to the crash, my friend was left feeling helpless until she finally decided to consult with a lawyer. Not only did her lawyer negotiate on her behalf with the insurance company and get them to pay for her medical bills, but she also received compensation for her ongoing therapy and lost wages.

Furthermore, studies show that hiring a lawyer almost always results in higher settlements than those who try to negotiate on their own. According to research by the Insurance Research Council (IRC), car accident victims who hire lawyers receive settlement amounts that are significantly higher compared to those who proceed without one. If you want to increase your chances of receiving adequate compensation for your injuries and losses following a car accident, it is crucial that you consult with an experienced car accident lawyer.

Enhanced Negotiation Skills for Larger Settlements

Negotiating a fair settlement after a car accident can be a daunting task, even for those who are well-versed in personal injury law. Insurance companies often try to settle claims as quickly and cheaply as possible, leaving victims with inadequate compensation to cover their expenses. However, when you hire a car accident lawyer, you gain access to their negotiation skills and experience.

For example, imagine you were involved in a car accident that caused you to sustain severe injuries and miss several weeks of work. The other driver’s insurance company initially offered you $20,000 as compensation. You might be tempted to accept the offer right away instead of prolonging the process. But if you hire a lawyer to represent your case, they will evaluate all your damages and put forward counteroffers until they reach an amount that is suitable for you.

In fact, studies by the IRC show that hiring a lawyer for your car accident claims can increase your settlement value by more than 40%. Experienced lawyers know how to calculate the full extent of your damages and negotiate skillfully with insurance companies to ensure that you receive just compensation for all losses incurred as a result of the accident.

Now that we have seen the benefits of hiring a lawyer and how enhanced negotiation skills can lead to larger settlements, let us take a closer look at navigating the claim filing process with an attorney.

  • According to a study by the Insurance Research Council (IRC), car accident victims who hire lawyers see an average payout that is 3.5 times greater than those who do not.
  • The same IRC study found that hiring a lawyer can increase the settlement value of car accident claims by more than 40%.
  • Respondents who hired a lawyer and didn’t accept the first settlement offer received an average payout of $42,500, which is a significant 260% increase compared to those who accepted first offers and received around $11,800 on average.
  • Hiring a car accident lawyer can significantly increase your chances of receiving fair compensation for damages sustained during an accident. These professionals possess the negotiation skills and experience to calculate the full extent of your losses and advocate for a suitable settlement on your behalf. By working with a lawyer, you can ensure that insurance companies do not settle claims quickly and cheaply, leaving you with inadequate compensation. Studies show that hiring a lawyer increases the settlement value by more than 40%.

Ensuring Maximum Compensation from Settlements

Dealing with insurance companies always comes down to financial calculations. It is nearly impossible for an average person to know exactly how much their claims are worth. When you seek assistance from an experienced car accident lawyer, you gain access to expertise and experience when it comes to accurately determining the correct amount of payment your claim deserves.

The Idaho Advocates, a Boise-based personal injury law firm stated on their website that the role of a car accident lawyer is to, “work with you to understand the details of your accident, establish negligence of the at-fault party, and work with the responsible driver’s insurance company to reach a fair settlement”. Victims of accidents who represent themselves or take quick settlements from insurance companies miss out on the attention to detail that a professional lawyer provides to analyze an accident scene. A car accident attorney can carefully assess your case’s particulars, comb through medical records and hospital bills, and calculate damages such as lost income or other economic losses due to the accident. They can also work with professionals like economists, life-care planners, and rehabilitation specialists who can provide professional assessments of future care costs and needs to better approximate the compensation you might need.

Imagine not having any prior knowledge about drawing up blueprints for a construction project. Your lack of experience in this area will make it close if not impossible to develop a comprehensive design plan accurately. In comparison, car accident lawyers have years of experience evaluating different cases; they know which factors go into calculating potential settlement amounts and can creatively pursue different paths within your case toward achieving the maximum possible compensation for your injuries.

A skilled car accident lawyer can negotiate effectively with insurers by presenting evidence supporting their client’s claims clearly. For instance, perhaps a recent promotion at work was canceled as a result of damage after an accident. An insurance adjuster may balk at paying extra because they don’t feel there is enough proof that happened – yet an experienced car attorney can present supplementary state laws or common law doctrines proving liability objectively.

One counterargument against hiring a car accident lawyer is the expense associated with retaining their services. Yet studies show that those who hire a lawyer in these types of cases receive significantly higher settlement amounts than those who do not. These potential gains far outweigh any initial out-of-pocket charges incurred, making hiring an experienced car accident lawyer always worth considering.


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