What is the Role of the Insurance Company in a Personal Injury Case?
If you have been in an accident that resulted in an injury, whether it was a vehicle accident or a fall on someone else’s property, you need to need to submit a claim for your injuries through your insurance company. Many times insurance companies will quickly contact you after an accident in any injury. If they do not contact you immediately, you will need to contact the people responsible for the accident and the insurance companies to make them aware of your plans to submit a claim.
A claims adjuster representing the insurance companies will contact you to process and manage your claim. It is important to keep in mind that the adjuster represents the insurance company and not your personal interests. The objective of the company representative is to keep costs low. You, however, will want to be sure you receive full compensation for your injuries.
It’s also important to remember not to provide assumption or speculation of detailed information regarding the claim should to the adjuster. By giving the company representative all of the assumed answers or responses to questions can provide a misleading or false impression of what happened as well as the extent of your injuries or damages details, you could potentially negatively influence your claim resolution. For example, if you provide the adjuster with guesses or assumptions of details that could put you at fault, the insurance company may deny part or all of your claim. However, it is acceptable to speak with an adjuster about your property damage and defer discussions about your bodily injury claim until you have been assessed by a qualified medical provider and consult with a reliable attorney. Eventually, the adjuster will need copies of all documents related to your injuries including medical bills and damage repair estimates.
During the process of submitting your personal injury case, the insurance adjuster may provide you with a settlement offer. Should you decide to accept the offer, you will have to sign a document releasing the people who caused your injuries and their insurance companies from further claims that could arise from your accident. Once you have settled your claim signed all of the legal documents, you will not be able to make any more claims for medical bills or damages. It is imperative that you strongly consider this before deciding to settle any insurance claims. Careful consideration should include all of your injuries, pain and suffering, medical costs, lost wages and damages to your property that was caused by your accident.
Insurance companies generally have a basic formula that they employ to put a dollar value on insurance claims. In the event of a settlement, your own insurance company may require you to reimburse them for any bills that they paid. When deciding on the total value of the injuries and damages you have suffered, you need to determine a dollar amount that is acceptable to you.
Personal injury and damages cost money, including wages lost from being away from your job, medical costs, repair work and part replacement. You need an attorney to help you process and settle your claim. A reliable attorney can help you in protecting your rights.
If you need help navigating your insurance policy coverage in a personal injury case, Reynolds & Reynolds Law Firm may be able to help. Call 972-684-5011 today!
Reynolds & Reynolds Law Firm | Insurance Policy Coverage Frisco TX | 972-684-5011