Should I Sign A Release When Making An Accident Compensation Claim?
The person responsible for the accident insurance carrier has make you what seems like a decent offer, all of your current medical bills, money for your property damage and a little more for you.
The only problem is that they want you to sign a release on the accident for any future problems that you might have.
Maybe You Shouldn't Have Done This Without Help An insurance company, like any other business, makes money by taking in more then they pay out.
So, they will try to pay you as little as they can.
They have staff attorneys that their only job is to negotiate these types of settlements When you made the decision originally to negotiate with these folks, it might not have been the best financial decision for you.
Is It Too Late? It could be, it really depends on what you signed.
The best thing that you can do is put together all the documents you have done with the carrier and find one or several personal injury lawyers to speak with.
A Personal Injury Law Firm, How Can They Help Me? Some of the reasons to speak with a lawyer:
- They will be able to read the documents that you have already signed (if any) and tell you your obligations.
- They can tell you what the ramifications are of any document that you may have already signed.
- They may conduct their own investigation to see if there were pertinent facts that you might have missed in your investigation.
- They may have accident and medical experts available to them that may have more information on the effects, long term, of your injuries.
- They may have access to better information regarding the settlement value of your injuries and also the actual long-term cost of treatment.
- They may also, if needed, take you settlement case to court and work to get you a more reasonable settlement.
- The fact that the insurance company sees that you have professional legal representation, make help in the negotiations.
- What is their recent success rate in cases like yours?
- What do they feel are the success chances of your case with it already being somewhat negotiated?
- Find out if they will work for a contingency fee (the law firm gets a percentage of the settlement) and are there any other costs?
But by finding one that does, you may put yourself in a position to receive a better settlement.