Why You Shouldn’t Settle Your Personal Injury Claim Without Consulting an Attorney

When you’ve been injured in an accident, it’s only natural to want to resolve the matter quickly. The pain, stress, and financial burden of medical bills can be overwhelming. As a result, many people are tempted to accept the first settlement offer from an insurance company, hoping for a fast resolution. However, settling your personal injury claim without consulting an attorney can be a costly mistake.

At Gelbstein & Associates, we understand that the aftermath of an injury can be stressful, but rushing into a settlement without professional legal advice can result in receiving far less compensation than you deserve. In this blog, we’ll explain why it’s crucial to consult an experienced attorney before agreeing to any settlement offer.

Insurance Companies Aim to Settle for Less

One of the primary reasons insurance companies offer quick settlements is to minimize their costs. These companies are businesses, and their goal is to pay out as little as possible. Often, the initial settlement offer will be much lower than what you are entitled to, especially if you haven’t consulted an attorney who can accurately assess the value of your claim.

An experienced personal injury lawyer will ensure that the settlement amount takes into account the full scope of your injuries, medical expenses, lost wages, pain and suffering, and other damages.

You Might Not Be Aware of the Full Extent of Your Injuries

After an accident, especially one involving serious injuries, the full extent of your injuries may not be immediately apparent. Some injuries, such as soft tissue damage, internal injuries, or whiplash, may take time to develop symptoms or be diagnosed properly. Accepting a settlement too early could mean that you’re agreeing to an amount that doesn’t fully account for future medical costs or long-term impacts of your injuries.

An attorney can help you understand the long-term effects of your injuries and ensure that your settlement covers all future medical treatments and rehabilitation.

An Attorney Can Help You Gather Crucial Evidence

Personal injury claims are built on evidence. Without proper documentation, it can be difficult to prove fault or the extent of your injuries. When you consult an attorney, they will work with medical professionals, accident investigators, and other experts to gather the necessary evidence to support your claim.

Without this support, you might miss out on critical evidence that could strengthen your case, resulting in a lower settlement offer.

Attorney-Client Privilege Protects Your Best Interests

Consulting an attorney ensures that your communications are protected under attorney-client privilege. This means that your lawyer cannot disclose any confidential information about your case without your consent. This protection allows you to speak freely about the details of the accident and your injuries without fear of compromising your case.

On the other hand, insurance companies are not obligated to protect your interests and may use anything you say against you to minimize your settlement.

Understanding the Full Value of Your Claim

A personal injury attorney understands all the components that make up the value of your claim, which may include:

• Medical bills – both current and future

• Lost wages – including future earnings if you cannot return to work

• Pain and suffering – for the physical and emotional toll of your injury

• Property damage – if applicable

• Loss of quality of life – if the injury significantly impacts your daily activities or relationships

Insurance companies often overlook or underestimate some of these components in their initial offer. A skilled attorney will ensure that all aspects of your claim are accounted for, ensuring you receive the full compensation you’re entitled to.

You Could Be Giving Up Your Right to Sue Later

By accepting a settlement offer, you are typically required to sign a release form that prevents you from pursuing any further legal action related to your injury. If you agree to a settlement too soon, you might be unknowingly waiving your right to seek additional compensation if your injuries worsen or if you experience long-term complications that weren’t initially apparent.

An attorney will ensure that you’re making an informed decision and fully understand the implications of signing a settlement agreement.

An Attorney Can Negotiate for a Better Settlement

One of the key benefits of hiring an attorney is their ability to negotiate on your behalf. Insurance companies are often quick to offer a settlement, but with the help of an attorney, you can significantly increase the amount of your settlement. Attorneys are skilled negotiators who know how to fight for the compensation you deserve, even if it means going through a lengthy negotiation process.

If the insurance company is unwilling to offer a fair settlement, your attorney can take the case to court to ensure you get the compensation you’re entitled to.

Peace of Mind

Dealing with the aftermath of an accident is stressful enough without the added pressure of negotiating with insurance companies. When you hire an attorney, you can focus on your recovery while they handle the legal aspects of your case. Knowing that you have a professional fighting for your rights gives you peace of mind and allows you to concentrate on getting better.

Get In Touch With Us

Settling your personal injury claim without consulting an attorney is a decision you may regret later. Insurance companies often offer lowball settlements that don’t fully cover the scope of your injuries and losses. By consulting with an experienced personal injury attorney from Gelbstein & Associates, you ensure that your case is handled professionally, and you maximize your chances of receiving fair compensation.

Don’t rush to accept a settlement offer. Reach out to Gelbstein & Associates for a free consultation and let us help you navigate the complexities of your personal injury case. We are dedicated to protecting your rights and securing the compensation you deserve. Call us at (855) LAW-2407 today.