A study conducted by the Insurance Research Council found that, on average, victims of auto accidents who hired a personal injury lawyer received 3.5 times more compensation than those who did not.
According to the Insurance Research Council, the number of victims who sought the representation of an injury lawyer for personal injury protection increased to 36% in 2012 compared to 31% in 2007. In 2012, lawyers for injuries of the body were hired by victims at an increased rate of 50%.
When making an insurance claim for the accident in which you are involved, you must bear in mind that this process will be a negotiation and that the work of the insurer and its appraiser, is to seek the benefit of them, not the injured. Therefore, you should not accept the first compensation proposal. Rather, allow your injury lawyer to look for and negotiate a better option.
A common method for estimating these damages is to multiply your expenses by medical expenses and lost income by an arbitrary multiple between 2 (twice the cost) and 4 (four times the cost).
Some factors that increase the value are:
• If there are aggravating conditions in the accident, such as drunk driving or driving under the influence of drugs
• The severity of your injuries
• Recovery time
• If the injury is permanent or only temporary
Remember that the appraiser is taking care of the insurance company first and foremost, not you. A lawyer always works FOR YOU.