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Insurance Companies may Cheat you

Tuesday, May 5th, 2009 at 10:02 pm

Victims of personal injury usually don’t know how much they could claim for a back injury or car accident insurance settlement. Every case is different.

In a regular claim, the company attorney or adjuster will determine the settlement amount. However, if you deal directly with them without the presence of an attorney, the insurance company may try to convince you that your claim is really not worth too much. The common strategy is to give you a small offer and would threaten you to “take it, or otherwise, leave it.”

On the other hand, if you consult personal injury attorneys, they would naturally know how much a case is worth based on their experience. If you allow them to negotiate for you, it’s in their best interest to claim for a higher amount (they’ll earn more if they can get more settlement for you). For example, a common initial offer is $500 for your pain and suffering. However, an experienced personal injury attorney would have gotten $5,000 for the same claim.

The amount you can claim for back injury settlements would depend on many factors:

· The severity of the injury

· The length of treatment

· The amount of permanent damage done

· How much work or pay was lost

· The effect on your lifestyle

· The kind of job you could have had if there was no injury that took place.

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