When you’ve been injured in an accident, you may file a personal injury case against the person or company who is responsible. When you hire a personal injury attorney, it shows the insurance company that you are serious about going to trial. They know from experience that a jury typically favors someone who has been injured, so the insurer is more likely to treat you fairly and consider a higher payout than they would for someone who did not hire an attorney to stand by them.If you’re looking for more tips, Console and Associates P.C. has it for you.
In personal injury cases, you can be compensated for pain and suffering, which includes any physical, mental, or emotional struggle that limits your ability to perform normal activities. Of course, pain and suffering has no monetary value, so insurance companies attempt to put a value on it for settlement purposes. However, many people find that the value assigned to them isn’t enough to compensate them fairly for their injury. A personal injury attorney can work with you to develop your case and ensure fair treatment and compensation.
Since there is really no objective way to put a dollar value on pain or suffering, insurance companies typically calculate your settlement value by multiplying your medical expenses by a multiplier between one-and-a-half to five times your medical costs. The companies do not share with the public how they determine these multipliers, but they typically give larger multipliers to the more serious injuries. These multipliers can also vary greatly from company to company, making it all the more necessary for a personal injury attorney to become involved to ensure fair treatment. Typically lost wages or other monetary losses are not taken into consideration.
Healing can vary greatly from person to person, so it is important you don’t settle too quickly. Giving yourself time to heal can also mean more time for your lawyer to gather the necessary materials for your case. Working with your personal injury attorney to reduce medical costs can be one way to ensure that you are treated fairly. If you have a lien claim against you by a medical provider, your attorney can usually work with you on this claim as well. However, it is crucial that all lien claims are negotiated with your attorney before a third party settlement occurs. Attorneys usually negotiate these claims so they are reduced, which means a bigger payout for their client. Keep in mind that after the settlement is finalized, you will no longer have leverage to negotiate a claim.