A “rush release” is when an insurance company learns that you have been the victim of an accident and rushes to offer you a small settlement in exchange for signing a release that effectively bars you from pursuing further damages. Unfortunately, victims will sign the release believing it’s the right thing to do, only to learn later that by signing the release, they have signed away their rights to seek further compensation should the injuries be more significant than first thought or if there is lost time at work than previously anticipated. In the days following an accident, it can be difficult to know the extent of any injuries. If the release has been signed, it’s the victim who must shoulder those future costs. This happens all too often andIt’s a ploy that benefits the insurance company, but no one else.
In many cases, injuries following an accident aren’t immediately evident in x-rays or other medical checks. It can take days, weeks and sometimes even months before the extent of any injury is known. By then, those who signed a rush release are left with covering their medical expenses which can be thousands of dollars above the settlement they accepted after the accident. This includes damages to your vehicle or other possessions as well. Victims have few options for further compensation and in most cases, the insurance company’s agreements are iron clad. This is why it’s important to seek legal representation after an accident. You have rights, and while an insurance company may wish to fast track your case with a hasty settlement that is never enough to cover expenses, nevermind time lost at work, long-term care if it’s needed, and financial compensation for pain and suffering, you need someone who knows the laws and can protect your rights.
A qualified personal injury attorney knows the ploys that are used by insurance companies and can protect your rights, both today and in the future. While you may be told that time is limited, and you must sign their documents immediately, you should know that’s not true. You have the right to seek your own legal representation; hire an attorney whose sole position is to protect their client.
Your priority is to recover and get back to the business of living your life and securing an experienced car accident lawyer ensures you’re able to focus on recovery while your legal team focuses on protecting your rights.
Whatever you do, do not sign any paperwork from an insurance company (including your own) before you consult with one of our New Orleans car accident attorneys.Having a knowledgeable lawyer with you at the start of your case can help to protect your best interests and with more than two decades of experience, you can be sure our team knows every move insurance companies make under the guise of serving their customers. A representative from our firm can review the details of your case and fight for the maximum compensation you deserve to cover the cost of lost wages, pain and suffering, medical expenses, and any other expenditures associated with your injuries.