If you’re considering settling a personal injury claim without a lawyer, it’s important for you to understand the risks. Quite often a potential client will reach out to our office to inquire about whether they should accept an offer made by an insurance adjuster; our answer depends upon a few factors, and yours will too.
Completing Treatment Is Key
If you haven’t completed your treatment, you’re not aware of your total damages. The reason for this is that your damages are a combination of your medical costs associated with treatment, and the injury itself. Until your doctor or team of physicians releases you from care, it’s impossible to be certain of the full extent of your injuries. The downside to settling prior to incurring medical bills is obvious: you receive bills after settlement. The downside to settling prior to knowing the full extent of your injuries is that the insurance company will value your claim lower. Remember, you can’t go back to them for more money once you settle and release them.
Understanding Medical Liens
The insurance company may claim that they will handle all of your medical bills. Keep in mind that in North Carolina, your medical providers—including your health insurance company—may have a lien against your settlement proceeds. When settling a personal injury claim without a lawyer, you run the risk of dealing with that insurance company after the settlement. For instance, if that lien is not paid from settlement proceeds, the billing provider has rights which may extend as far as placing a lien against your home or other valuables you own. Your Charlotte personal injury lawyer will ensure that your liens are discovered and paid as part of orchestrating your settlement.
Reaching A Fair Settlement
Fairness is subjective. Our experience has been that our clients do better with a personal injury lawyer than without one. One reason is economics. Once you involve a personal injury lawyer with your claim, you have leverage against the insurance company. Instead of asking themselves how much it will cost to make you go away, they instead have to face the prospect of spending thousands of dollars in court against you and your lawyer. In the end, your lawyer fee will most often not out-weigh the increase in settlement offer you receive by hiring a personal injury lawyer.
Peace of Mind
Consider a scenario where the insurance company offers you $2,000.00 in your pocket after paying all medical bills and you settle your personal injury claim without a lawyer. Now consider the same scenario where you hire a Charlotte personal injury lawyer to represent you. Suppose the lawyer is able to obtain a $6,000.00 settlement, with the net result being the same—you end up with $2,000.00 in your pocket. The numbers are the same but there’s a difference. With the personal injury lawyer’s involvement, you get peace of mind. You can be sure that:
- All medical bills/liens are paid unless otherwise agreed upon;
- You didn’t accept a low offer only to be left wondering if you could have done better;
- Your health insurance provider will not withhold treatment or come after your assets for repayment;
- A licensed professional has done all of the work instead of you managing your own claim while trying to move on with your life;
Call A Charlotte Personal Injury Lawyer Today
We’re here to help. Call 704.749.7747 to speak with an attorney today, or click HERE to request a call today. We know you have options. We hope you choose to Recover With Us.