Many of us rely on our cars to get us to work and take care of our families. When we get behind the wheel, we assume a level of responsibility and risk—which we accept. Because there is a possibility of being in an accident, you should be prepared for the likelihood that you will have interactions with an insurance agency.
First Interactions
Though you may not have experienced the following situation, it remains prevalent. Imagine that you are driving to work in a car either owned by you or your company. Although the cause of it wasn’t your fault, you got into an accident.
Even if the injuries you have sustained were minor, there is the potential for trips to the hospital, follow-on doctor’s visits, and lost time at work. The costs associated with medical treatment and lost wages result in a two-sided problem that poses financial challenges.
A Convenient Solution
If the cause of the accident was rooted in someone else’s negligence, you might be contacted by the other driver’s insurance company. With your medical bills mounting, an insurance agency contacts you with the promise of money—but all you need to do is sign a release.
But should you sign it? This is a widespread question because the money looks and appears like a solution. At a certain level, you understand that nothing comes without giving something up in return.
What You Are Giving Up
Don’t make the mistake of assuming that if you sign a release, a lawyer can revisit it at a future date. Insurance companies have their own attorneys, and you have to take the position that anything you sign from them is legitimate.
If you sign that release, then that is likely the end. You will receive the money, and you will no longer have the ability to negotiate or initiate litigation.
The first offer is rarely the limit of what someone is willing to pay. If you get contacted by an insurance company, take the time to meet with an attorney. A personal injury lawyer can look at the situation, your injuries, and your bills—and they can decide if the money you are being offered is reasonable. If not, then you (or your attorney) can negotiate.
Beaty Legal, PLLC
A personal injury attorney who has firsthand experience working at an insurance company can be your biggest asset after an injury—and that is what you receive when you choose to work with Beaty Legal. If you have further questions about seeking compensation for injuries you have sustained, contact us today to schedule a complimentary consultation.
