Personal Injury Lawyer Helps You Avoid Being Fooled by Lowball Offers

1. August 3, 2017 Personal Injury Lawyer Helps You Avoid Being Fooled by Lowball Offers Accidents happen; it’s a given in life. However, some accidents do happen due to the negligence of another person. In such cases, you have the right to seek proper compensation from that person and his or her insurance company. In the event of an accident, most insurance companies will be in a rush to offer you compensation is an effort to settle the matter as quickly as possible. 1

2. This may sound advantageous, but it rarely is. Ask any personal injury lawyer and they’ll tell you that the reason that insurance companies are quick to act in these situations is because they don’t want you to realize that their offer is actually less than what can be called “fair compensation”. Lowball offers are a reality in today’s world, but that doesn’t have to be the reality you face. If you would like to avoid being fooled into a lowball offer, here are a few things you should keep in mind when computing fair compensation: Anticipate Current and Future Medical Bills First of all, you need to check how much your current medical bills will cost. Next, you should ask your physician if you will need further treatment down the road and how much those treatments may cost. Medical bills can pile up very quickly, so you want to make sure the compensation you receive is enough to cover your medical expenses. Compute Cost of Property Damage If your accident involved a vehicle or other form of property, you are also entitled to compensation to cover repairs. This is often used when involved in a car accident. After all, even minor accidents can lead to hundreds or even thousands of dollars in repairs, an amount of money some people won’t have readily available. You will need to compute for the fair market value of your car, dependent on make, age, and mileage. You are also entitled to any other personal items, such as gadgets, that may have been damaged during the accident as well. 2

3. Don’t Forget Possible Loss of Income In some cases, your injury may be severe enough to prevent you from working for a certain period of time that your set of leaves may not be able to cover, leading to lost income. Naturally, the compensation you receive should also be able to cover any work and income you miss. This can be relatively easy to compute as you’ll only need to use your daily rate for your missed days of work. Consult a Personal Injury Lawyer You may not be very familiar with how to compute some of these factors or fully understand when you should start your computations. In such cases, working together with a respected personal injury lawyer, such as one from Little, Oliver & Gallagher, PLLC, is definitely to your advantage. Not only can a lawyer help you with you computation, but he can also represent you during negotiations with the insurance company. About Little, Oliver & Gallagher, PLLC: Since 2000, Little, Oliver & Gallagher, PLLC has provided the people of Oklahoma City the quality representation they deserve. We handle a wide range of personal injury cases, from car accidents to medical malpractice and everything in between. Sources: The Damages and Compensation Formula in an Injury Case, AllLaw.com Damages: How Much is a Personal Injury Case Worth?, NOLO.com 3