Speak to a Lawyer Before Accepting a Car Accident Settlement

After you’ve been in a car accident, the last thing you want to worry about is getting into a legal battle. However, consulting an attorney before accepting a car accident settlement might not be as contentious as you think.

Insurance companies make the majority of their money from premiums. They lose money when they pay their policyholders for accident reimbursement. Because their financial well-being depends on saving as much money as possible, a car accident insurance company will do its best to offer you as little as possible after a car accident.

Therefore, you want to ensure the settlement you’re receiving from the insurance company is fair. The amount should cover your medical bills, future medical bills, lost wages, property damage, and even pain and suffering. If your accident was extreme, this is likely to be a high number.

When the insurance company offers you a settlement, it will make your compensation as low a number as possible. Most people will even accept this amount at face value, not knowing insurance companies don’t have their best interests at heart. If you consult an attorney before taking the amount, he or she can inform you of whether or not the settlement is fair.

If it isn’t fair, an experienced lawyer can also offer an assessment regarding how much higher a future settlement is likely to be and if it is worth your time to pursue more from the insurance company. Sometimes you even benefit from having an attorney on your side before you even file a claim. Insurance companies who know you have legal representation are unlikely to want to start a legal battle and will offer you a fairer settlement.

Talk to us about your case if you’re worried about an unscrupulous insurance company. Mardirossian & Associates, Inc. can offer you dedicated and respected Los Angeles car accident attorneys who will do their best to meet your legal goals. Let us see what we can do for you.

Contact us at (323) 648-3478 or fill out our online form to schedule a free case consultation today.


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