Friday, January 13, 2012

Hire An Attorney And Get A Settlement That Is 3.5 Times Higher

The Truth About Hiring An Attorney For Your Personal Injury Accident Claim

The insurance industry's own research has proven that people who are represented by a personal injury attorney end up with settlements that are almost three and one-half times more than people who try to settle with the insurance company on their own.

In 2004, the Insurance Research Council, a research organization created and funded by the insurance industry, did a comprehensive study comparing the value of settlements people receive for the same injury when they were represented by an attorney versus when they did not have a lawyer.  The Insurance Research Council determined that people who were represented by an attorney received almost three and one-half times more, even after the attorney's fees were paid

In 1995, a national insurance company produced a training manual for its claim adjustors.  This document stressed the importance of convincing claimants to represent themselves and not retain an attorney.  Why?  It explained its position with a number of telling statistics:  With settlements under $15,000 injured claimants represented by an attorney averaged $7,450 in a total settlement.  Those who represented themselves to the insurance company averaged only $3,464.

Yvonne T. Griffin
Personal Injury Attorney
Tucker Griffin Barnes P.C.
Avvo Rating



Anonymous said...

Does posting "Car Accident" create a back link?

Schiffrinpa said...

Great post! Hiring a lawyer for personal injury case can be a good decision. They are usually helpful and can guide you in the right direction.