“The Insurance Company Deceived Me Into A Low Settlement”

Need a legal question answered RIGHT NOW? Text Chris Reid @ (205) 913-7406.  

Insurance companies are known for using obscure loopholes to avoid paying out a claim. One man in California had a refrigerator fall on his head while at work. The injury led to severe pain and a mountain of hospital bills. The man had paid for an accident insurance policy, so he expected to be fairly compensated for the injury. The company the victim worked for had the man listed as an “independent contractor” in his paperwork. For this reason, the insurance company claimed they owed the employee nothing.  A technicality hidden the fine print shouldn’t relieve the insurance company of their responsibility to protect the employee. However, without legal representation, the man would have received $0 from his insurance.

Unfortunately, this is not an uncommon occurrence. Insurance agencies across the country are known for either avoiding a claim or severely underpaying. This is why you need an experienced attorney to act in your defense. Insurance companies love to scam either young people just starting off or elderly clients who are far too trusting. These populations are seen as the easiest targets. If you are victim to an accident and facing an insurance company, please seek legal counsel. I assure you that it will be well worth the trouble.

On average, a person who’s been in an accident and retains counsel from an attorney will receive 3.5 times more money than a person who tries to settle a personal injury claim on his or her own.  This finding is based on a study completed by the Insurance Research Council. In this scenario, your $6,000 settlement can quickly become a $21,000 settlement with the assistance of a lawyer. While this is just an average, it is clear the difference an attorney can make. Most families cannot afford to shrug off that kind of money.

Insurance companies are infamous for their display of miserliness. Clients often don’t realize the value of their claims. Insurance companies know this and in turn offer settlements significantly below market value. Agents make commission off their sales, so there is an unfortunate incentive to take advantage of the customer. If you are involved in an accident, it is imperative you hire an attorney to file your lawsuit or negotiate your settlement. It is difficult when you are emotionally wrapped up in a situation to see everything clearly. An attorney can look at a situation objectively and in its totality. Lawyers have experience working with insurance companies and judges and will be able to offer a clear path forward. This is an advantage the average citizen won’t have if they choose to handle their case alone.

            The Reid Law Firm offers free initial consultations. We are honest and forthright in our analysis of a case. We are careful to only take cases when we know we can make a difference. If we don’t feel we are the law firm for your case, we will introduce you to one who might be a better fit. We truly want what is best for our clients. If you or a loved one has been in an accident, please contact the Reid Law Firm today at 205-913-7406! You can also text us at 205-913-7406 for a quick answer to any legal question. Chris Reid can be reached by email at chris.reid@reidlawalabama.com. All communication to the Reid Law Firm is protected by attorney client privilege, so any information submitted will be held in confidence. Initial consultations are always free. For a complete list of our practice areas, please visit reidlawalabama.com.

No representation is made that the quality of the legal services to be performed is greater than the quality of the legal services performed by other lawyers.

Our firm practices the following areas of law: wills, trust, and estates, divorce and family, DUI and drug offenses (only first and second time offenses), and car accident cases. We also handle business law, including formation of business entities and drafting contracts. Additionally, I co-host Yellowhammer News every Monday during lunch from 11-12 on 101.1 fm Birmingham (but our show is broadcast throughout most of the state).