mardi 23 décembre 2014
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Why Do Personal Injury Cases Fail To Settle?
After being the victim of a car accident in Gastonia, NC, you may be entitled to compensation in the form of a settlement from an insurance company. In general, the majority of personal injury cases settle outside of a courtroom. The reason behind this is that bringing a personal injury case to trial is very expensive and time consuming for all parties involved. Because of this, its easier for both the victim and the insurance company to find a reasonable amount of compensation to settle the claim. However, in certain circumstances, some personal injury cases can't or won't be settled. In these situations, why do personal injury cases fail to settle?
Many Personal Injury claims fail to settle because insurance companies deny the offered claim. Claims are put on the desks of insurance adjusters and they evaluate whether they, and the insurance company, are legally required to pay any amount of money to the victim of a motor vehicle (or some other) accident. Before making the final decision, the insurance company investigates the case behind the Personal Injury claim. These investigations, however, lack thoroughness and contain bias because the investigator is inclined to help out the insurance agency and not the victim.
Another reason personal injury cases fail to settle is due to an inadequate settlement amount offered by the insurance adjuster. Typically, extending a low settlement offer is a common first step in negotiations by an insurance adjuster in order to limit the payout. However, most insurance adjusters will use that number as an initial offer and are willing to negotiate up to an amount that works for both parties. In certain rare situations, either due to the adjuster's attitude or negotiation style, the adjuster will refuse to budge and offer a reasonable settlement. Because of this, the insurance company refuses to negotiate a reasonable settlement and the victim decides that it is not worth the time and money required to pursue the claim further.
When an insurance company either denies a claim or fails to offer a reasonable settlement, the victim of the accident must decide how to proceed. Although these actions by the insurance company make the case more difficult, the actions could just be an elaborate bluff by the insurance company to see if the victim will go away. Generally, if the victim wants to proceed and the attorney believes there is a legitimate claim, a personal injury attorney can and will file a lawsuit to begin the legal process of bringing a personal injury case to a trial. Because filing a lawsuit will require the defendant and the insurance company to respond and begin preparing for a trial, this tactic may result in further negotiations or settlement offers that may resolve your case.
Don't waste any more time or miss out on any money. Find out whether you can, in fact, receive a settlement on your personal injury case. Contact Gastonia Personal Injury Lawyer Lance Williams today for a Free Consultation.
Many Personal Injury claims fail to settle because insurance companies deny the offered claim. Claims are put on the desks of insurance adjusters and they evaluate whether they, and the insurance company, are legally required to pay any amount of money to the victim of a motor vehicle (or some other) accident. Before making the final decision, the insurance company investigates the case behind the Personal Injury claim. These investigations, however, lack thoroughness and contain bias because the investigator is inclined to help out the insurance agency and not the victim.
Another reason personal injury cases fail to settle is due to an inadequate settlement amount offered by the insurance adjuster. Typically, extending a low settlement offer is a common first step in negotiations by an insurance adjuster in order to limit the payout. However, most insurance adjusters will use that number as an initial offer and are willing to negotiate up to an amount that works for both parties. In certain rare situations, either due to the adjuster's attitude or negotiation style, the adjuster will refuse to budge and offer a reasonable settlement. Because of this, the insurance company refuses to negotiate a reasonable settlement and the victim decides that it is not worth the time and money required to pursue the claim further.
When an insurance company either denies a claim or fails to offer a reasonable settlement, the victim of the accident must decide how to proceed. Although these actions by the insurance company make the case more difficult, the actions could just be an elaborate bluff by the insurance company to see if the victim will go away. Generally, if the victim wants to proceed and the attorney believes there is a legitimate claim, a personal injury attorney can and will file a lawsuit to begin the legal process of bringing a personal injury case to a trial. Because filing a lawsuit will require the defendant and the insurance company to respond and begin preparing for a trial, this tactic may result in further negotiations or settlement offers that may resolve your case.
Don't waste any more time or miss out on any money. Find out whether you can, in fact, receive a settlement on your personal injury case. Contact Gastonia Personal Injury Lawyer Lance Williams today for a Free Consultation.
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Want to find out more about Gastonia Personal Injury Lawyers?, then visit Minick Law's website to choose the best Personal Injury Lawyer for your needs.
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