Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

A Breakdown of Personal Injury Claim Settlements

By Robert Allison Subscribe to RSS | August 11th 2012 | Views:
loading
 
  



When an insurance company makes an offer to your attorney in Massachusetts to settle your personal injury claim, you should make sure that you know the following:

1. The amount of the offer;

2. The amount of the deductions from the offer;

3. The net amount you will receive; and

4. Whether the insurance company made a fair and just offer.

Many personal injury attorneys prepare an itemized breakdown when they receive an offer from an insurance company (we call it a “proposed settlement statement”).The breakdown should include the offer, the attorney’s fee (usually on third of the offer, a list of the expenses incurred by the attorney (such as costs for medical records, any investigator or expert witness fees, filing fees), a list of any outstanding medical bills, a list of any liens, a total of the deductions and the net amount you will receive.

Liens may arise if all or a portion of your medical bills were paid by a health insurer, or a governmental entity such as Medicare or Medicaid.Sometimes the lienholders are willing to compromise the amount of their liens.

After your attorney receives the offer, prepares the breakdown and sends it to you, your attorney will discuss the offer with you. Usually, there will be negotiations between your attorney and the insurance adjuster until the adjuster informs your attorney that the insurance company has made its final offer. Your attorney or Personal Injury Lawyer will advise you if it is a fair and just offer. You decide whether to accept it.

Robert Allison - About Author:
Personal Injury Attorney F. Robert Allison offers personal injury and real estate law services to people throughout Massachusetts. He has been helping his clients achieve positive results ever since. He concentrates on personal injury law, Personal Injury Claims and real estate law. For More Info Please visit website: www.frobertallison.com

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/law-articles/a-breakdown-of-personal-injury-claim-settlements.htm

Related Law Articles Subscribe to RSS

Getting the assistance of a personal injury lawyer attorney
Published by Carolmoore on March 6th 2012 | Law
Many people have a lot of doubts when it comes to the amount received after winning personal injury ...
 
Consult an expert solicitor firm for successful execution of personal injury claims in Ireland.
Published by Nichel Johnson on June 20th 2012 | Law
Solicitors who deal with personal injury claims in Ireland are quite competent and work hard to get ...
 
Develop self-confidence and commitment for personal excellence with the help of online professional development courses.
Published by Anil on December 26th 2011 | Education
These courses augment existing knowledge and broaden the scope of learning to meet the demands of ...
 
Top benefits of hiring a personal injury lawyer
Published by Suji Katie on February 1st 2012 | Law
The other reason could be that they do not want to share the money they receive under compensation o...
 
How to find a construction injury attorney new york
Published by Carolmoore on March 13th 2012 | Law
Construction workers are at a high risk of being injured in a workplace accident. However, in the ma...
 
Personal development - a personal introduction you won’t want to miss!
Published by EugeneYeng on November 28th 2011 | Education
When I say to people that I can make them a very important introduction that will change their lives...