When someone is injured in an accident, there is a period of time where the victim is wondering whether or not to hire a personal injury attorney. Part of this decision involves trying to figure out what, if anything, the victim’s claim may be worth. This is very difficult for most non-lawyers to figure out, and they often leave important factors out when thinking about their expenses. As a result, most victims tend to underestimate the value of their claim, and often wind up settling their claim with the insurance company for far less than it is worth.
To be clear, getting injured in an accident is not like hitting the lottery – the objective is not to make money. But by undervaluing your claim, you run the risk of winding up with unpaid medical expenses or other economic losses on top of the pain and suffering you have to endure. We strongly recommend that you consult with an experienced personal injury attorney to get the compensation you deserve, but over the next couple of posts, we’ll review the various components of your claim.