Getting injured in a personal injury accident in Los Angeles can be a traumatic experience, both physically and emotionally. While it is natural to focus on recovering from your injuries, it is crucial to be aware of the hidden costs that may arise during the legal process. Insurance companies often fail to inform victims about these additional expenses, leaving them unprepared and financially burdened.
At Arshakyan Law Firm, we understand the challenges you may face and are here to help. Contact us today to schedule a consultation with a personal injury lawyer in Los Angeles.
The Insurance Company Does NOT Want to Pay Your What Your Case is Worth
As an accident victim, you must recognize that insurance companies are businesses motivated by their bottom line. Whether you were hurt in a car accident, a slip and fall, or a workplace incident, the insurance company wants to settle your case for as little as possible - or deny your claim entirely.
Their representatives are trained to get you to settle for less, and will try to minimize the losses you are facing. Some of the losses they may try and undervalue include:
Future Medical Costs
Some of the hidden costs that insurance companies often undervalue are future medical costs. When you're injured in an accident, the immediate medical expenses are usually covered by your insurance or the at-fault party's insurance. However, what about the medical treatments you may need in the future? Serious injuries can require ongoing medical care, physical therapy, medication, and even surgeries. These expenses can quickly add up and put a strain on your finances.
An experienced Los Angeles personal injury attorney can help you calculate your future medical costs accurately. They will work with medical experts to assess the extent of your injuries and determine the necessary medical treatments. This information is critical in ensuring you receive the compensation needed to cover your future medical expenses.
Lost Earning Potential
Another significant hidden cost of personal injury cases is the lost earning potential. When you're injured, it often means time away from work to recover. In some cases, the injuries may be severe enough to prevent you from returning to your previous occupation or limit your ability to work full-time. This can result in a significant loss of income over the long term.
An experienced lawyer will consider not only your current lost wages but also your potential future earnings. They will work with economic experts to calculate the impact of your injuries on your earning capacity. This information is crucial in determining the appropriate compensation to cover your lost earning potential and ensure you can support yourself and your family.
Lost Quality of Life
Beyond the physical and financial costs of a personal injury accident, there is also the intangible cost of lost quality of life. Serious injuries can lead to chronic pain, disability, or limitations in daily activities. These consequences can significantly impact your enjoyment of life and your ability to participate in activities you once loved. Unfortunately, insurance companies often fail to account for this loss when valuing a personal injury claim.
A skilled attorney understands the importance of assessing the impact on your quality of life. They will gather evidence, including medical records, expert testimonies, and personal statements, to demonstrate the adverse effects of your injuries. By presenting a comprehensive picture of your situation, they can fight for the compensation that acknowledges and addresses your diminished quality of life.
The Insurance Company Does NOT Want to Pay you what Your Case is Worth
Recognizing that insurance companies are businesses motivated by their bottom line is essential. While they may initially seem empathetic and caring, their primary goal is to minimize their financial liability. Insurance adjusters are trained to settle personal injury claims for the lowest possible amount. They may try to convince you that their initial offer is fair, but it often falls short of what your case is truly worth.
You can level the playing field by hiring a skilled personal injury lawyer in Los Angeles. A lawyer will advocate for your rights and fight for fair compensation. They will negotiate with the insurance company, ensuring they understand the full extent of your damages and the true value of your case. With a lawyer by your side, you can rest assured that you are not being taken advantage of and that you are receiving the compensation you deserve.
How a Lawyer Can Help
Navigating the legal process after a personal injury accident can be overwhelming, especially when dealing with the tactics and complexities of insurance companies. That's where a Los Angeles personal injury attorney can help. Here are some key ways a lawyer can assist you:
- Case Evaluation: A lawyer will review the details of your case and provide an honest assessment of its strength and potential value.
- Evidence Gathering: Attorneys have the skills and resources to collect important evidence, such as witness statements, accident reports, and medical records.
- Negotiating with Insurance Companies: Lawyers are experienced negotiators who understand insurance company tactics and can push for a fair settlement.
- Litigation: If a fair settlement cannot be reached, a lawyer will represent you in court and fight for your rights.
At Arshakyan Law Firm, we have successfully handled numerous personal injury cases in Los Angeles. Our team is dedicated to protecting the rights of accident victims and helping them recover the compensation they deserve. Contact us at 818-650-9985 to schedule a free consultation and learn how we can assist you.
Contact a Los Angeles Personal Injury Attorney
If you've been injured in an accident in Los Angeles, don't let the hidden costs take you by surprise. Protect your rights and ensure you receive the compensation you deserve by consulting with a skilled personal injury attorney. Arshakyan Law Firm is here to support you every step of the way. Call us today at 818-851-5005 or contact us online to schedule your free consultation and let us fight for your rights. Remember, the insurance company may not have your best interests at heart, but we do.