When someone else’s negligence causes you to suffer an injury, you have a right to pursue a personal injury claim and recover damages. However, the settlement amount offered by insurance companies is often inadequate, failing to truly make you whole for all your economic losses and pain endured.
Insurance carriers are multi-billion dollar businesses motivated to minimize payouts as much as possible. Their initial settlement offers rarely provide fair compensation for current and future medical expenses, lost wages, emotional trauma, and reduced quality of life. Accepting that lowball figure could leave you paying out-of-pocket down the road.
Fortunately, you can hire a Charlotte personal injury lawyer from DeMayo Law Offices to field settlement offers and lead negotiations with insurers and liable parties. A lawyer can explain how to increase a personal injury settlement. They can explore your legal options and tailor a strategy to maximize your potential outcome.
Maximizing Your Compensation: Strategies to Increase Personal Injury Settlements
There are certain steps both you and your attorney can take to work to maximize your personal injury settlement. Keep in mind that every case is unique and potential compensation ultimately depends on the severity of your injuries and how they affect your life going forward.
Take a look at some of the ways you and your lawyer can work to accurately assess your losses and seek what you deserve:
Seeking Comprehensive Medical Care and Adhering to Treatment
Not only is getting full medical treatment critical for recovering as much as possible from injuries, but it also creates an important paper trail substantiating the extent of injuries and long-term impacts. Following doctors’ orders precisely generates medical documentation that provides evidence justifying compensation demands.
Documenting All Economic Losses
Thorough documentation of medical costs, lost income, property damage, household assistance needs, and other damages is vital for demonstrating an injury’s economic impacts. Incomplete calculations lead to undervalued claims.
Leveraging Expert Testimony
Presenting testimony from third-party experts, such as doctors detailing future medical needs, therapists explaining disabilities, and economists projecting lost earnings potential, provides authoritative evidence that can increase a personal injury settlement.
Proving Non-Economic Damages
An assessment of damages should include proof of non-economic losses like pain and suffering, emotional distress, and loss of enjoyment of life. Evidence can include compelling victim statements, expert witness accounts, and demonstrative evidence.
Creating Compelling Evidence Submissions
Thoroughly developed evidence is key. A lawyer can compile all records, bills, photographs, videos, investigative reports, and other documentation into a comprehensive claim that accurately reflects your losses.
Navigating Negotiating Tactics
A personal injury attorney can challenge common insurance company tactics used to devalue claims, like stalling or shifting blame onto the victim. They implement counter-strategies, assertively pressing for maximum payouts.
Knowing When to Refuse and Litigate
If negotiations reach an impasse with an insurer’s final offer unacceptably low, top personal injury firms are fully prepared to take cases to court to obtain higher, fairer awards at trial when necessary.
By avoiding costly mistakes, building an airtight case file, and implementing assertive negotiation methods, you can work to level the playing field against profit-driven insurance companies. Do not settle for an inadequate figure that leaves you footing the bill for another party’s negligence as you attempt to move forward with your life.
For a free legal consultation, call (877) 333-1000
Hiring a Lawyer on Contingency Can Help Increase a Personal Injury Settlement
When you hire a personal injury lawyer who works on contingency, you avoid risking further financial losses when pursuing compensation from a liable party. Under a contingency policy, lawyers do not charge upfront legal fees or hourly rates for their services. Instead, a lawyer simply takes a percentage of your potential settlement or verdict.
Contingency fee agreements benefit clients in several ways. They allow you to begin working on your case right away, which helps you meet the statute of limitations if you have to file a lawsuit.
For example, under North Carolina General Statutes section 1-52, you typically have three years to file a personal injury lawsuit. If you miss this deadline, you risk seeing the court dismiss your case and losing all legal recourse against a liable party and their insurer.
They also prevent you from incurring additional financial losses when working to hold the liable party accountable. It’s understandable to worry about affording a lawyer when you’re already facing mounting medical bills and lost income. When you work with a personal injury lawyer on contingency, you do not have to worry about losing even more money if you do not win your case.
With contingency fee policies, you also have peace of mind, knowing that your attorney is dedicated to your case. They only accept their payment if they secure compensation for you, so you know they will work to maximize the value of your case.
DeMayo Law Offices Can Help You Increase a Personal Injury Settlement
By employing a strategic approach to your settlement demands, you can maximize your potential financial recovery from parties that negligently caused your injuries and costly setbacks. Make them take full responsibility through an equitable settlement that provides you access to the treatment you need to reach your maximum medical recovery.
At DeMayo Law Offices, our lawyers leave no stone unturned when it comes to assessing your damages. This way, we can work to maximize your potential compensation. Contact us now to access your free consultation.
Call or text (877) 333-1000 or complete a Free Case Evaluation form
