My car was struck by another motorist and the driver's insurance company is offering me an amount which I think is kind of low. My brother-in-law says his attorney got him a bigger settlement after his car accident. Will I get more money from the car insurance company if I hire a lawyer? Is it worth the cost?




Answer:
According to an internal 2003 document released by The Insurance Research Council, the majority of monies paid out for bodily harm claims were awarded to plaintiffs represented by attorneys. The data also shows that 47% of claimants represented by attorneys received 79% of all liability payouts. Insurers know these numbers well and prefer that plaintiffs do not retain attorneys for these reasons. In 1995, Allstate produced a manual providing statistics that showed claimants who represented themselves averaged a little over $3,400 while those who were represented by attorneys averaged over $7,400, double the awards given to those without attorneys.
Even after legal fees are deducted, represented claimants still fare better than those without attorneys. Depending on other factors, including the extent of any injuries, the loss of wages, the length of treatment, you may have a right to much more money than the insurance company is offering.
Talk to a Car Accident Attorney to find out what legal options you have, and how much money you are entitled to.
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Posted by Sharon Cullars on 26 Apr 2010