The aftermath of a car accident, work accident, or even product liability accidents often involve ongoing discussions with the negligent party’s insurance company. The drafting of an insurance claim may be necessary for the victims of a devastating accident and may prove to be the better route to take over filing a personal injury claim. However, it is important to consult with an attorney prior to making a decision between insurance claims and personal injury claims.
After any accident, the first time you see a settlement offer will likely be from the insurance company. Insurance companies are known for their compassion after an accident caused by their insured individual, although they are also known for their relentless attempts to coerce a settlement. The compassion is often short-lived as they repeatedly badger injured victims, many times while the victim is still in the hospital, to sign a settlement agreement.
Other insurance companies may attempt to repeatedly delay or refuse valid insurance claim payments after a devastating accident has occurred. Keep in mind that insurance companies are in the business of making money, and often will not want to pay out the full amount of the claim. A quick an easy payout is often the standard most insurance companies strive for, but this often does not include many valid expenses a victim may be subjected to during the course of their recovery.
It is important that you refrain from signing an insurance settlement after an accident occurs until you have spoken to an experienced personal injury attorney. An insurance settlement claim may appear to cover all the necessary expenses (such as medical bills and lost wages), but it will often not take into account the ongoing expenses and future expenses, such as rehabilitation, pain and suffering, or future earnings. A personal injury claim will take all these factors into consideration, especially when the accident results in a severe injury to the victim.
However, there are some instances where you may be able to present a counteroffer to an insurance company during the settlement negotiations. No number is final until you sign a settlement, and you will have plenty of time to research into the full costs of your injuries.
Malley Law Firm | Houston Insurance Claim Attorney
If you or a loved one have been involved in an accident and are having a difficult time receiving an insurance claim payment from an insurance company, do not hesitate to contact the Malley Law Firm. Tony Malley is an experienced personal injury attorney who understands the stress you often find yourself under after a severe accident. Your focus should be solely on your recovery, while our focus will be on fighting for your insurance claims. Contact our Beaumont or Houston offices today for your initial free consultation.