In many cases people make the mistake of dealing with the insurance on their own, thinking that they can’t afford an attorney.
When you have been in a car accident in Missouri, it is always an excellent idea to consult with a car accident attorney before you decide to accept any settlement offers from the insurance company. An insurance company is like any other company: they are in business to make money. Therefore, even though you pay your premium, if you’re in an accident their main goal is not to compensate you completely for your injuries and damages; it’s to limit their liability. This means they are probably going to try to limit how much they want to pay you.
Generally, you are entitled to both economic and non-economic damages when you are in a car accident. If you don’t know how much those are or how to calculate them, then you are likely not going to receive the compensation you actually deserve. That is why it is imperative to have an experienced accident attorney look over any proposed settlement before you sign on the dotted line.
Once you agree to a settlement, accept the check and sign the papers, you absolve the insurance company from any further responsibility from that point on – but car accident injuries don’t always surface right away. If you don’t plan ahead or anticipate more injuries in the future, there is no way to know if you are getting enough to cover anything that may show up down the line.
In many cases people decide to deal with the insurance company on their own, which can be a huge mistake. Thinking that they can’t afford an attorney, they decide to take a settlement offer and move along. Car accident lawyers, or personal injury attorneys, work on a contingency basis. “Contingency basis” means that an attorney doesn’t collect anything unless you do. Since you don’t have to pay them upfront, there is no risk in speaking with a car accident lawyer about your accident.
When a car accident attorney takes your case, they will have you sign a contract that outlines what their fees will be. If they can collect for you, then they will usually take a specific percentage of what the settlement award is.
Sometimes you have to spend money to make money. If you decide to take a settlement offer for your Missouri accident without consulting a St. Louis car accident lawyer, you may only be getting a small fraction of what you are actually entitled to. Speak with an experienced attorney to make sure your legal interests are protected and that your claim is not minimized by the insurance company and their lawyers.