Personal Injury Claims Require Proper Compensation
With the AIG liquidity crisis and economic downturn, many insurance companies are attempting to protect their bottom line by denying claims or undervaluing compensation for long-time policyholders involved in car accidents. The insurance company’s primary goal is to protect their profitability.
The more dental insurance you have, the more expensive dental treatment you are likely to get. This has led many legislators to conclude that the problem of spiraling health care costs is due to abuse of the system or over litigation.
In the Chicago area, hiring a Chicago personal injury attorney is the first and most successful step to take in ensuring that you receive what is rightfully yours. Some Cook County lawyers are specifically trained in the field of personal injuries and are adept at handling each specific and unique claim.
Insurance companies have a clear conflict. On the one hand, they are trying to stay as profitable as possible, and on the other, paying their policy holders what they are rightfully owed.
If you are in a car accident, you should contact a car accident attorney. They will protect your present and future rights for compensation.
According to the 2008 Illinois Crash Facts and Statistics report, there were 1,043 fatalities in vehicle crashes on state roads with each fatality estimated to cost $1,200,000. Each Type A incapacitating injury, was estimated to cost $67,500, and each non-incapacitating Type B injury was estimated to cost $21,800.
The mandatory minimum amount of $20,000 won’t cover the costs of an incapacitating or non-incapacitating injury. Somewhere, insurance companies must make up the difference.
Car accidents can lead to serious, life-changing injuries, like chronic back problems, traumatic brain injuries and spinal cord injuries, which might not develop until years after an accident. Assessing a lifetime of pain is very difficult for the computer models, algorithms and statistics of an insurance adjuster.
On average, an estimated 10 percent of insurance claims are rejected. Finding an experienced car accident lawyer to help you with insurance companies early on in the process, will increase your leverage during negotiations.
In addition to working with accident experts, your lawyer will also work with medical professionals so that any injuries you might have sustained will be adequately treated and assessed. The years of experience and expertise of Chicago injury lawyer specialists ensures they are the people you want on your side when dealing with accident claims. Also, make sure if you are more comfortable conversing in Spanish that you find a Chicago abogado de lesion who offers servicio en espanol.