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Insurers Pay More to Car Accident Victims Who Have an Attorney

Posted on - Wednesday, June 1, 2016 under General

Studies have shown that people who hire a lawyer to handle their car accident case on average collect significantly more in compensation from the other driver’s insurance company than those who try to handle the matter themselves:

A study by the Insurance Research Council (IRC) found that settlements for auto accident injury victims who had retained an attorney were 40 percent higher than the settlements negotiated by the victims themselves.
A separate IRC study found that 85% of all money paid out by auto insurance companies for claims is paid to individuals who have hired an attorney.
Why Do Insurers Pay More to Injury Victims Who Have a Lawyer?

There are many reasons for the dramatic difference in the amounts insurance companies pay to injury victims who are represented by counsel. But the fundamental reason why a personal injury attorney is likely to get you more money is that insurance companies negotiate personal injury settlements every day; experienced personal injury lawyers negotiate settlements every day; injury victims don’t.

Negotiation is a skill and an art. Negotiating a personal injury settlement requires a full understanding of the law as well as knowing what steps to take to assemble and preserve evidence to establish the strongest possible claim. Perhaps most importantly, a skilled car accident attorney will know and not be fooled by the tactics used by insurance companies to try to pay the lowest amount possible or not pay anything at all.

Car insurers know that an experienced car accident attorney won’t accept their denials of liability or efforts to reach a lowball settlement. If they know that the attorney is aggressive, thorough, and fully prepared to take a matter to trial, they will be more inclined to make a more significant offer in hopes of avoiding a costly and unpredictable result from a jury.

The Parian Law Firm: Metro Atlanta Car Accident Lawyers

If you’ve been injured in a car accident or other incident that was the result of someone else’s negligence or recklessness, don’t go it alone. You deserve to be compensated for your injuries, and you deserve to have an attorney on your side who has the skill, experience, and dedication to get results.

At The Parian Law Firm, our metro Atlanta car accident lawyers will work tirelessly on your behalf to get you the resources and compensation you need and deserve to move forward with your life. Please give us a call today (770) 727-5550 or fill out an online contact form at www.westgalawyer.com.