Car accidents can have very dangerous and long-lasting effects on our lives, and a car accident lawyer may be a necessity after one. If you have experienced a car crash, you must know how overwhelming and expensive it can be, especially if it’s somebody else’s fault. In California, 3,316 fatal car crashes were recorded in 2019, alone. In personal injury cases, you have medical bills to pay; your daily income is lost cause of not being able to go to the workplace, and damage to your vehicle is also present. An Irvine car accident lawyer can help you get through such difficult times and guide you to recover monetary damages.
There are certain things to consider before contacting your insurance company after a car accident that your Irvine auto accident lawyer has special knowledge of. Your attorney will determine the fees according to the services he will provide you.
What Is Contingency Fee?
In simple words, the contingency fee is an agreement between you and your car accident lawyer, according to which you will pay them a fee only if they win the case. A contingency fee is paid only if you and your Irvine auto accident lawyer recover money from the defendant or their insurance company. You don’t have to pay any up-front costs and won’t owe the lawyer any money if they fail to win your car accident case for you. It will be a pre-decided percentage of your settlement or award that you will pay to your lawyer. This amount will differ, but approximately 30 and 50% of your total award. While discussing these terms with a lawyer, you must ask about any underlying costs because there are miscellaneous expenses associated with a car accident claim, such as filing fees, witness fees, court fees, etc. As a result, the cost of fees will add up quickly.
If your car accident lawyer is willing to charge you only 30% of your award, most probably, you will be able to reimburse them for those expenses on top of the contingency fee. The benefit of the contingency fee is that if the lawyer has failed to win the case, you do not have to pay them for their efforts. Some lawyers even give up their expenses if they cannot win the case for you. The major drawback is that you may not have efficient money left to pay off all of your monetary damages after paying their portion of the settlement. So It is your right and suggested that you ask your attorney to estimate what they think your award amount will be and how much it will be once their fees are deducted. Of course, your attorney cannot give you an exact figure, but they should be able to give you at least a rough estimation.
Does an Irvine Car Accident Lawyer Charge Per Hour?
Usually, car accident attorneys do not charge an hourly fee. Eventually, the contingency fee arrangement serves the interests of both parties – the victim and the lawyer – to pursue winning a case. You and your attorney are on the same page and want the same benefits. The more money the lawyer will pull through for you, the more they will be paid. Let’s suppose an attorney offers to work on an hourly fee basis. In that case, it may be a sign that they are not confident about winning your case, which means you should probably get a second opinion from experts who have experience in contingency fee-based cases.
Is It Worth Hiring a Car Accident Lawyer?
There are some important things you must keep in your mind while hiring a car accident lawyer for your insurance claim.
A Lot of Paperwork Can Be Involved:
You have to be very careful while submitting the proper documents to the right parties; any mistakes in this part of the process can lead you to lose the case. Your lawyer will also gather the evidence and would analyze, deal with insurance companies, and much more. Things can become even more complicated if the case ends in court, which is always favorable for lawyers when insurance companies are reluctant to be fair. It’s important to hire an attorney who is willing to go to court when desirable and not just settle as quickly as possible as they feel convenient.
Intimidating Practices of Insurance Companies:
Insurance companies will do everything in their power to avoid giving you the compensation you deserve for your injuries because they have teams of high-caliber. These experienced lawyers are specialized in fighting car accident claims. They might offer you an inadequate settlement, claiming that’s all you deserve; or they can even reject your claim completely. At this point, many people will give up, overwhelmed by the intimidating practices of these attorneys and their lack of legal understanding. On the other hand, a good car accident attorney will know exactly how these insurance companies plan to fight your claims and plan your case accordingly. This is why it’s favorable to involve an experienced car accident attorney as soon as possible to get started on your case.
How Much Compensation Do You Deserve?
While claiming insurance companies for compensation, you might only be considering your medical bills and car damages costs, but what about lost wages? What about future medical costs? What about the pain and suffering you and your family go through? You might even be able to pursue retaliatory damages if the defendant was being reckless or aggressive when causing the accident. Each aspect demands a close examination to ensure you are getting what you deserve out of a settlement, and it is difficult to figure this out on your own.
How to Schedule a Free Consultation?
If you’ve been involved in a car accident and are considering pursuing a case, you can schedule your free consultation with our Irvine personal injury lawyer. Our Consultations are always 100% free, during which we’ll review the details of your case and provide you with sanctions for the next steps to proceed further.