Benefit of an Attorney When Settling a McKinney Car Accident Case

An attorney could serve many purposes for a car accident case. Working with a skilled lawyer advise you on your case, preserve evidence, and help with your settlement. The benefit of an attorney when settling a McKinney car accident case may be their familiarity with local laws and their potential relationship with law enforcement, which could make a difference. Contact a car accident attorney as soon as possible, and know that you are in capable hands.

Insurance Companies and Car Accident Claims

Insurance companies tend to value their claims and may set what is known as reserves on claims. Those reserves are a sum of money set aside to potentially settle good claims against them. Those reserves are dictated by the evidence that is in the file.

When deciding to settle a McKinney car accident case, the benefit of an attorney may be to make sure the evidence needed is available. This could get complicated because the insurance company is ultimately in control of the file and could set reserves at whatever amount they choose. These reserves may be subject to audits by the Texas Department of Insurance (TDI).

TDI Requirements

If the reserves are found to be inadequate, TDI could require the reserves to be increased. If this inadequacy is found to be consistent over a range of files, TDI has the power to require an insurance company to raise the reserves across the board.

When a reserve is set, the money must be taken from insurance assets that have higher return and higher risk. This money is then placed in assets that are a lower return, lower risk liquid – assets that could be liquidated to take care of short-term liability.

Role of a Lawyer When Settling a Car Accident Case

The benefit of an attorney when settling a McKinney car accident case is that they could do everything possible to enhance the value that is put on those claims. Car accident lawyers could be a benefit just by their sheer weight of experience of handling many claims over a long period of time. The attorney may have developed a feel of the way an insurance company may treat certain factors they see in the plaintiff’s case. The attorney could then help set expectations as to the potential for recovery.

One of the factors the insurance companies may use in their evaluation of the case is whether or not there is a lawyer involved and the reputation of the lawyer. The trial history of an attorney is reported to the insurance company, so the insurance companies are aware of which lawyers may conduct due diligence in their cases and which ones may not.

Benefits of a Mckinney Car Accident Attorney

TDI produced a report in 2016 in which they looked at property damage claims and discovered that a person is likely to get seven times more money if they have a lawyer versus having no lawyer.  The benefit of an attorney when settling a McKinney car accident case could manifest itself in many ways, including preventing you from making possible mistakes. Reach out to a compassionate car accident lawyer today that could help support your settlement claims.

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Reviews
The McCraw Law Group
4.7
Based on 86 reviews
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nicole haynes
nicole haynes
05:42 16 Mar 20
I seeked the McCraw law group after a bad experience. As lawyers would do they lied to get the case. After my car was... totaled with my kids inside.my car sat in the pound for a month and a half until I took matters into my own hands. I also was told by Vanessa she had too much work to focus on my case. After we waited to move on the adjusters beat I took matters in my own hands. I was told a certain amount by her supervisor but received less but they received the 10k as in the contact plus’s 300.Also in the process we lost our pip after the settlement was received and they declined to commit to pursue my out of state insurance. I would say run !!!!!! Don’t think twice! They’re horrible! I was asked to handle the hospital bills with care! They’re very nice! You need lawyers to handle your case like you wouldn’t. In my case I handled them. I didn’t receive my complete compensation after my children and I suffered so much hardship and pain. They didn’t care. Horrible beside manors but was extremely nice to the adjusters. RUN!!!!read more
Mary Thompson
Mary Thompson
20:51 25 Feb 20
From the very first meeting with the McCraw Law Group we were treated with respect and care. They were so helpful is... trying to speed things up. We all know that when you have a lawsuit against some one there will be problems. This group of lawyers were very attentive and knew how to get what we needed. I will call them again if anything comes up that I need a lawyer.read more
Michael Taylor
Michael Taylor
19:46 12 Feb 20
McCraw Law Group is an exceptional firm and I could not ask for more than what I received with their services. All of... their staff, from the clerks to the attorneys, were extremely helpful and caring and constantly asked me if I needed anything or if I had any questions or concerns. If you need to have someone on your side and trust them to have your best interests in mind, I would place that trust in The McCraw Law Group.Would I recommend them to my friends and family? I would without a doubt.Would I like to have them on the other side of a courtroom and going against them? Absolutely Not.To the staff that handled my case, I greatly appreciate all of your work and the result speaks for itself. Thank you!read more
Justin Hansen
Justin Hansen
12:29 07 Feb 20
The staff at the McCraw law group are second to none. They are intelligent and hard working people that will do their... best to make sure you are set to recover physically, emotionally, and financially from any injury. Thank you so much!!read more
Zane Allen
Zane Allen
04:39 18 Dec 19
I was in an accident in March and had injuries resulting from the crash. Obviously my first call was to a doctor to get... checked out but was told I was going to need physical therapy. My second call was to the McCraw Law Group. They took care of all of the grunt work so that all I had to focus on was getting better. They were very communicative about the process, and better yet, they were incredibly responsive to any emails, calls, and questions. I was very appreciative and thankful for all of their hard work. They are a great group of people to work with when you’re needing the help.read more
Elisa Dean
Elisa Dean
15:38 16 Dec 19
I recommend The Mccraw Law Group to anyone who is hurt in an accident.My experience has been wonderful. They do the... best they can to get the most from the insurance company. My communications have been with Vanessa, Suzanne and Jason.Jason is very special to me. He understood my needs and was very caring and the sweetest attorney I have ever met. He was honest and did everything he could to bring my case to a conclusion.Vanessa and Suzanne are very sweet and are there to help every step of the way.read more
Fernando Salas
Fernando Salas
19:07 10 Dec 19
First time needing a lawyer. Everything went extremely smooth and quick. Mr. McCraw went to my house after my car wreck... and I knew at that point that I was in good hands. Everyone who works there are so nice and will answer any questions or concerns you have. Thank you guys for all of your help.read more
Adelyn Braswell
Adelyn Braswell
17:02 10 Dec 19
When me and my family recently got hit by a drunk driver. They helped us with everything we needed. We had so many... questions and didn’t hesitate to answer. It was our first time with any lawyer so they made everything so easy for us, and got it all done so quick. They did everything in their power to get us all the money we deserved. They were all so friendly and I would recommend them to anyone.read more
Courtney Brooks
Courtney Brooks
16:12 12 Sep 19
I had a wonderful experience from beginning to end with the McCraw Law Group. My case was accepted and I was kept up to... date on how it was proceeding, and when it came to a settlement, we got more than expected. Everyone was very kind, the court proceedings went smoothly and I was extremely satisfied. I will definitely use them again if anything else arises.read more
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