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Settlement Authority of Lawyers Representing Insurance Companies

This entry was posted on Wednesday, January 21st, 2015

Posted in News & Articles | Posted by:

San Diego personal injury attorney - Gavel, Scale and U.S. FlagIt’s fairly common for defense attorneys to state that they need approval from the insurance company prior to agreeing to a settlement. This is one of the tactics used to delay the legal proceedings and minimize the amount of a potential settlement. If you have filed an insurance claim or personal injury lawsuit, it’s important to know your rights. An experienced¬†San Diego personal injury attorney¬†will evaluate your situation and let you know what constitutes a reasonable settlement based on the facts of your case.

Negotiating the Settlement of a Personal Injury Claim

Most defense attorneys are granted permission by the insurance company to settle the case for a certain amount of money. During negotiations, the defense attorney will often attempt to underestimate the value of a case and reduce how much money the insurance company is willing to pay.

The San Diego personal injury lawyer determines how much a case is worth by assessing the amount of medical expenses and losses the client has incurred as well as the extent of the other party’s liability. When the personal injury lawyer provides evidence that strengthens his position and counteracts arguments presented by the defense attorney, there is a greater chance the injured client will receive a settlement that adequately covers his damages.

Defense Attorneys Protect the Interests of the Insurance Companies

The main objective of the defense attorney is to minimize the cost of the claim or lawsuit for the insurance company. Defense attorneys are more willing to reach a settlement if they believe there is a likelihood the injured person will win at trial and receive a substantial financial judgment. Therefore, it’s beneficial to hire a personal injury attorney who will aggressively fight on your behalf and is prepared to litigate the case.

Contact a San Diego Personal Injury Attorney

If you or a loved one has been injured in an accident and want to explore your legal options, a San Diego personal injury attorney  can assist you. We will analyze your potential claim and help you decide the best way to proceed. You will receive the personal attention and guidance you need throughout this difficult process.