Personal Injury Lawyers And Aggressive Advertisement
No matter where you look -- the newspaper, TV
, billboards or phone books -- you can't miss this advertising. They all say that they can help in the event of a car accident. Red hot headlines fill pages in the phone book and accompany pictures of injured victims. Ads offer free help until the suit is finished. Some firms will give claimants short term loans against the promise of a future winning.
An insurance bureau says this strong advertising campaign created by personal injury lawyers is one of the factors contributing to the rise of claim costs. It has gotten so bad that some insurance companies have stopped selling auto insurance. The bureau's regional services manager has cited several instances where, even though the vehicles were barely damaged, people asked for and were awarded huge settlements for their injuries. She said that the insurance company wants to pay people for their actual injuries, but that people have started expecting way too much compensation for their injuries.
Each company has had to implement its own level of premium cost increases due to the runaway damage claims. Good driving risks will only see an increase of fifteen to thirty-five percent. Those are mild estimates, which are definitely not true for those who have had highway traffic offenses in the past.
Lawyers say there is no connection between their advertisement campaign and the increase in cost. The connection between the insurance bureau and the number of claims and the lawyers advertisements is not comprehended by one lawyer. Anyone who has been harmed by another motorist ought to be able to assert their right to damages. However, there is the possibility of reform stemming form the offering of small term loans to people in lieu of settlement waiting periods.
One lawyer agrees that there is a proliferation of advertising by personal injury lawyers and that this may actually increase the number of claims filed. However, he doesn't see the issue inherent in that strategy. It's unfortunate that the insurance bureau finds the fact that lawyers are telling people about their rights and how to go about asserting those rights. He says that the insurance industry has rebuffed its efforts to work with his association and address the changes that could be used in the system, due to higher insurance company costs.
If insurance companies want to cut down on claim costs, they must concentrate more on preventing accidents, according to a bar association president. According to him, the industry isn't exactly beating down government's door to ban cell phones while driving or make fines for photo radar more lucrative. He also questions why the insurance business has not tried to improve road safety or attempt to cut down on the number of accidents in the U.S. In the past few years, insurance companies have also lost investments and money because of them, which can affect their profit margins.
Insurance company advocates are lobbying for the passage of laws meant to prevent those injured in car accidents from obtaining multiple recoveries for the same incident. Most cases involve the victim asking to be compensated for the time they have been off work, while they have already been compensated for that by a company benefit plan. What's more, the time lost pay doesn't take out income tax or deductions. This makes it harder for the employee to want to go back to work. People realize they will be paid even more for being off longer amounts of time.
Lawyers doubt that many places will allow such lawsuits as this, but they also are clueless as to how many personal injury accident lawyers are currently practicing this. Most places will allow accident victims to get compensation for pain and suffering, their injuries must be extensive as well as permanent. The insurance bureau would like you to see that the advertising is creating the demand, but the exact opposite is true. There shouldn't be any problem with lawyers taking care of any costs until the settlement is won, or even taking care of disbursements if the case isn't won.
by: Stormiemera
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