Do I Need a Lawyer If The Trucking Company Offers a Settlement?

Accidents involving trucks are devastating. Even if you are lucky enough to survive a truck accident, your injuries can be severe and might require months to heal. It is critical to accurately value your present and future medical needs and the long-term impacts of your injuries.

You should speak to a Philadelphia Truck Accident Lawyer before having any communication with the insurance company.

Insurance Companies Want You To Settle For Less

Insurance companies often have one goal in mind – minimizing payouts. Even if the insurance company offers a settlement, that amount may not come close to covering your expenses. You require funds to cover medical bills, property damage, lost wages, and legal fees.

A settlement offer can come at any time during your case, but it may not be what you need.

After a Philadelphia truck accident, the only way to ensure that your settlement is adequate is to hire an attorney immediately. The compensation you receive is essential in your road to recovery.

Studies reveal that those who enlist the services of a personal injury lawyer typically receive three to four times as much compensation as those who do not.

The first offer the insurance company proposes will always be low. Rejecting a low offer is a very common practice.

After your truck accident, you may not realize the magnitude of your injuries right away. Some injuries become apparent after days or even weeks after the accident.

By accepting an initial settlement offer, you may end up relinquishing your right to pursue further compensation.

An experienced attorney at The Law Offices Of Samuel Fishman can help you better understand your legal rights and options, determine liable parties, and ensure that you receive fair and just compensation.

Trucking companies and their insurance companies are in the business of making money. The good news is that you do not have to deal with these companies alone.

It is crucial to monitor your interactions with the insurance company. Sometimes, even a seemingly harmless statement can change the balance of liability. Your attorney may offer guidance about how or when to communicate with the insurance company.

Philadelphia Lawyers Fighting Fiercely For Justice

If the insurance company does not agree to a fair settlement, your attorney may suggest filing a personal injury lawsuit in civil court.

Many insurance companies wait until a truck accident victim is ready to go to trial to initiate settlement negotiations.

At The Law Offices Of Samuel Fishman, we are successful in settling the majority of our cases because of our willingness to go to trial.

Truck accident claims tend to be much more expensive, and there are often multiple parties who share liability. Truck accidents involve high-value settlements due to the larger insurance limits.

When there’s more money on the line, the trucking company and their insurers will fight to reduce the settlement payout.

Working with a  lawyer at our firm can help you recover a fair and just settlement during the claims or trial process.

Contact us today to schedule your free case consultation.

Related Articles

Back to top button