Insurance companies have to act in “good faith” and must execute its duty to reach a settlement within policy limits, especially when liability has been established early on. If there is a reasonable offer on the table and no sufficient grounds to reject it, they must agree to the payout. Before it comes to this point, however, there are a lot of procedures that must be followed. If you attempt to take this on by yourself, you might be gobbled up by the system and fail to receive what is owed you. In these circumstances, hiring a personal injury lawyer is in your best interest.
The Value of Your Case and Settlement Accountability
Your lawyer tallies up all of your medical bills, damages, lost wages, and other factors to determine how much your case is worth. This may exceed the policy coverage in question, but there might be underinsured coverage that you can work with.