Should I Accept a Car Insurance Settlement Before or After Talking to a Lawyer?

shaking hands with attorneyIf you were injured in a car accident, you may feel anxious to collect your settlement so you can pay off some of the bills that have been piling up since you were injured. However, there are many good reasons for not accepting any settlement offers until after you have spoken to an experienced personal injury lawyer.

One of our knowledgeable Knoxville auto accident lawyers from Greg Coleman Law is prepared to answer your legal questions and walk you through your settlement options. We provide a free consultation so you can learn about your rights and the potential value of your claim. If you decide to retain our services, you pay us nothing unless we win money on your behalf.

Will You Be Fairly Compensated for Your Damages?

Statistics reveal that injury victims, on average, receive higher settlements when they are represented by an attorney than when they are not. One of the reasons for this is that a personal injury lawyer deals with injury claims regularly, while most accident victims have never gone through the process before and may not be fully aware of the total value of their claims.

A personal injury lawyer can evaluate a settlement offer and advise you whether it provides fair compensation for the damages you sustained.

Since Tennessee is an at-fault insurance system, the at-fault party is responsible for covering the damages you sustained in the accident, which may include:

  • Emergency care and treatment right after the accident
  • Surgical interventions
  • Present and future doctor visits, including traveling to those appointments
  • All other present and future medical bills related to your injuries
  • Prescriptions related to your recovery from the accident
  • In-patient hospital stays
  • Loss of income if you were unable to work
  • Loss of future earnings if you have become disabled and cannot return to work
  • Loss of companionship
  • Pain and suffering
  • Property damage

Insurance companies may try to entice you with a fast settlement offer, because they know you are vulnerable and you probably need the money now. However, the initial offer is almost always a lowball offer that is meant to get you to settle before you have a chance to obtain legal representation.

An experienced personal injury lawyer will usually advise you to wait to settle your claim until you have reached the maximum medical improvement level. This is the point at which you have recovered as much as can be expected. At this point, your lawyer can calculate the damages that you have sustained and will be in a better position to calculate the reasonable cost of future care and other damages related to the accident.

We encourage you to take advantage of our free claim review to find out whether you might be eligible for compensation, and if so, the potential value of your claim.

Are There Factors that Strengthen Your Case?

There may be multiple other factors that can strengthen the total value of your case, including:

  • The location and extent of damage to all involved vehicles
  • Favorable statements from eye witnesses
  • Camera footage
  • If the at-fault driver received a ticket for an offense, such as impaired or distracted driving

Are You Able to Return to Work?

You may recover the wages you lost while you were attending medical appointments and healing from the injuries sustained in your accident. If you are permanently disabled as a result of your injuries and subsequently unable to return to work, you can make a claim based on your diminished earning capacity.

Contact an Attorney for Help Evaluating Your Claim

If an insurance adjuster is pressuring you to accept a fast settlement, we encourage you to first contact Greg Coleman Law to schedule a free consultation with one of our experienced lawyers.

We welcome the opportunity to evaluate the circumstances surrounding your potential claim and give you an honest assessment about whether you are being offered fair compensation.

Contact us today at: (865) 247-0080