Victims of motor vehicle accidents in Gastonia, NC may be eligible to receive compensation, in the form of a settlement, from the insurance company of the at-fault driver. What many people don't know is that most Personal Injury cases settle outside the courtroom. There are two reasons why most don't go to trial: first, because taking PI cases to trial is both costly and time consuming for all involved and, second, because it's easier for the victim and insurance agency to agree upon a fair price for compensation. However, some Personal Injury cases aren't reached through settlement. Here's why some Personal Injury cases in Gastonia, NC fail to settle.
Many Personal Injury claims fail to settle because insurance companies deny the offered claim. Claims are put on the desks of insurance adjusters and they evaluate whether they, and the insurance company, are legally required to pay any amount of money to the victim of a motor vehicle (or some other) accident. Before making the final decision, the insurance company investigates the case behind the Personal Injury claim. These investigations, however, lack thoroughness and contain bias because the investigator is inclined to help out the insurance agency and not the victim.
Another reason personal injury cases fail to settle is due to an inadequate settlement amount offered by the insurance adjuster. Typically, extending a low settlement offer is a common first step in negotiations by an insurance adjuster in order to limit the payout. However, most insurance adjusters will use that number as an initial offer and are willing to negotiate up to an amount that works for both parties. In certain rare situations, either due to the adjuster's attitude or negotiation style, the adjuster will refuse to budge and offer a reasonable settlement. Because of this, the insurance company refuses to negotiate a reasonable settlement and the victim decides that it is not worth the time and money required to pursue the claim further.
Once a victim has wrestled the insurance adjuster and his company on a personal level and had his claim denied, then it is time to decide whether or not to pursue other means of obtaining a settlement. Just because the victim's claim and settlement price has been denied does not necessarily mean that his claim is not very real and worth money. The next step, then, is to contact someone experienced in the negotiation process and see their claim is worth money and able to be settled.
Don't miss out on receiving compensation for the harm done to you or someone you know. Your claim may be worth money and your case valid. Call Gastonia's experienced Personal Injury Attorney Lance Williams for a Free Consultation today.
Many Personal Injury claims fail to settle because insurance companies deny the offered claim. Claims are put on the desks of insurance adjusters and they evaluate whether they, and the insurance company, are legally required to pay any amount of money to the victim of a motor vehicle (or some other) accident. Before making the final decision, the insurance company investigates the case behind the Personal Injury claim. These investigations, however, lack thoroughness and contain bias because the investigator is inclined to help out the insurance agency and not the victim.
Another reason personal injury cases fail to settle is due to an inadequate settlement amount offered by the insurance adjuster. Typically, extending a low settlement offer is a common first step in negotiations by an insurance adjuster in order to limit the payout. However, most insurance adjusters will use that number as an initial offer and are willing to negotiate up to an amount that works for both parties. In certain rare situations, either due to the adjuster's attitude or negotiation style, the adjuster will refuse to budge and offer a reasonable settlement. Because of this, the insurance company refuses to negotiate a reasonable settlement and the victim decides that it is not worth the time and money required to pursue the claim further.
Once a victim has wrestled the insurance adjuster and his company on a personal level and had his claim denied, then it is time to decide whether or not to pursue other means of obtaining a settlement. Just because the victim's claim and settlement price has been denied does not necessarily mean that his claim is not very real and worth money. The next step, then, is to contact someone experienced in the negotiation process and see their claim is worth money and able to be settled.
Don't miss out on receiving compensation for the harm done to you or someone you know. Your claim may be worth money and your case valid. Call Gastonia's experienced Personal Injury Attorney Lance Williams for a Free Consultation today.
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Want to find out more about Gastonia Personal Injury Lawyers?, then visit Minick Law's website to choose the best Personal Injury Lawyer for your needs.
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