Saturday, 20 December 2014

Why Some Personal Injury Cases Fail To Settle.

By Lance Williams


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.

Many other personal injury claims in Gastonia, NC fail to settle because the amount offered by insurance company is far too low. This is a normal first step in most personal injury negotiations. The insurance adjuster is working on the side of the insurance company and obviously wants to get the best deal (lowest price) for the defendant. Because the initial price is set intentionally low, most insurance adjusters will eventually offer a higher settlement amount from the insurance company. Sometimes, however, insurance adjusters refuse to budge on their offered settlement. As a result, many personal injury cases fail to settle at this point because the victim estimates that it is not worth his time and money to continue. So is it worth it?

If an insurance company fails to offer a reasonable settlement or denies a claim, here's how to proceed. Don't be deterred by the denial or stubbornness of insurance companies. Insurance adjusters and companies often use this tactic to drive people away from pursuing legitimate and reasonable settlement claims. In many cases, the victim's claim is real and valid and an experienced personal injury, skilled in negotiating with insurance adjusters and companies can make sure that your claim is recognized, accepted and settled. Even more, a personal injury attorney can aggressively approach insurance companies by filing a lawsuit, which begins the legal process of bringing a personal injury case to trial. Filing a lawsuit inclines both the defendant and the insurance company to settle rather than go through the legal and financial hassle of court. Because they thoroughly understand the negotiation process involved in settlements, Personal Injury attorneys can shorten the process and make sure you get what you deserve.

Don't miss out on receiving compensation for the harm done to you or someone you know. Your claim may be worth money and your case valid. Call Gastonia's experienced Personal Injury Attorney Lance Williams for a Free Consultation today.




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