Many people who have been in a car accident that wasn’t their fault know that they should receive compensation for their injuries. However, many people don’t know that they shouldn’t accept the settlement off from the insurance company. After all, isn’t that what the insurance company is there for? Yes, however, the insurance company is also there to make money. They’re going to offer you the smallest amount they think you’ll accept to try to pay out the least amount of money. What can you do about this?
The first thing you should do is speak with an Injury Attorney in Las Vegas before accepting any settlement. Your attorney will help you review over all of the expenses you have that relate to the car accident, and come up with the total amount that the car accident covers. Some of the things the attorney may look at include:
* Medical Bills, both long and short term
* Car Repair Bills
* Lost Wages
* Legal Bills
Once they have a total amount, they can compare that to the amount the insurance company is offering you. The difference may be staggering. Likely, the insurance company is only covering short-term medical bills and car repairs. Your attorney will then figure out other payments that may need to be added into the amount you need to receive. This can include:
* Pain and Suffering
* Physical and/or Psychological Therapy
* Loss of Enjoyment of Life
These are not the only things an attorney will look at before coming to a total amount you are owed. Once they have determined a total amount, they will try to settle with the insurance company. If they can get close to the amount you need, without going far enough under that your bills are not covered, you will receive the settlement. If they can’t come to an agreement with the insurance company, they will then go to court and ask a judge to award you the settlement.
Your lawyer should work on a contingency fee basis for this case, which means that they do not get paid unless you win. Therefor, it’s in their interest to get you the settlement you deserve. If you’ve been in a car accident and you’d like to make sure you get the compensation you’re entitled to, make sure you call and set up a consultation or visit our website today.