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When you’re involved in a legal situation where insurance claims are necessary—be it auto accidents, personal injuries, or property damage—the process of negotiating with insurance companies can be daunting and complex. Many individuals attempt to handle these negotiations on their own, but there are significant benefits to having an experienced lawyer manage your insurance negotiations. Here’s why you should consider hiring a professional like Ehrlich & Naparstek Personal Injury Lawyers to guide you through this intricate process.
Insurance policies and the laws governing them are complex and frequently updated. Professional lawyers are not only familiar with the legal landscape but are also adept at interpreting and applying these laws to benefit their clients. They can identify clauses and exclusions in insurance policies that are often overlooked but can have substantial implications on your claim.
Insurance companies have vast resources and experienced legal teams dedicated to minimizing what they pay out on claims. By hiring a lawyer, you level the playing field. Attorneys like those at Ehrlich & Naparstek Personal Injury Lawyers are equipped to go toe-to-toe with these legal teams, ensuring that your interests are robustly represented and defended.
Statistically, claimants who hire a lawyer receive more favorable settlements or awards than those who do not. A lawyer knows how to accurately value a claim based on the nuances of the case, including understanding how to quantify non-economic damages like pain and suffering, which are often undervalued by insurance adjusters.
Most personal injury lawyers work on a contingency fee basis, which means they only get paid if you receive a settlement or a court award. This arrangement motivates your lawyer to obtain the best possible settlement for you. Moreover, it removes any financial risk from you as the client, since you don’t pay any upfront fees.
Handling insurance negotiations can be incredibly time-consuming and stressful. With a lawyer by your side, much of the burden is lifted as they handle the bulk of the work. This includes gathering evidence, filling out complex paperwork, and communicating with insurance adjusters. This allows you to focus on recovery and other personal priorities.
Lawyers are trained negotiators. They use their skills to argue your case effectively in a way that maximizes your claim’s value. Their experience with the tactics used by insurance companies also means they can counteract attempts to devalue your claim.