This is the first of a three part series:
An attorney can get you a lot more money by:
1. Negotiating a larger settlement than you could on your own;
2. Reducing payouts from your settlement to health insurers, hospitals, and doctors;
3. Finding more insurance coverage to cover your damages when the negligent driver is uninsured or underinsured.
This post discusses how an attorney can get you more money by negotiating a larger settlement than you could on your own;
Here are a few real examples of cases I’ve settled that illustrate how much more money an attorney can get for you.
Offer before hiring me and after.
Case 1: $7,000 $29,000
Case 2: $13,000 $40,000
Case 3: $30,000 $102,000
Case 4: $10,000 $450,0000
These results are typical. In fact, internal documents from one auto insurance company showed that it paid five times more money to people who hired an attorney than to those who did not have an attorney.
Why can an attorney get you a lot more money?
An attorney can negotiate a larger settlement than you can on your own for two reasons:
First, an attorney knows what your case is worth. You would never sell your home without having it appraised. Smart people know that an attorney can get fair compensation for you because they know what your case is worth. You see, most people don’t know what type of damages they are entitled to recover or, for some types of damages, they don’t know how much those damages are worth. Many factors influence the value of the a claim. Hiring an attorney ensures that you get what you deserve.
Second, an attorney has the power to file a lawsuit against a negligent driver. The only way to compel an insurance company to pay a fair settlement is to file a lawsuit and obtain a judgment against the negligent driver. Only licensed attorneys can file a lawsuit. A good injury attorney can litigate a case in a way that compels the insurance company to settle a case for fair value without needing to take the case to trial.
I believe that every single person injured by a careless driver should hire an attorney because they will typically receive a lot more money than what they could get on their own.