You've been told very good advise.
If you hire an attorney you know they will take at least 40% of the settlement.
Because of experience with two accidents that were not my fault many a moon ago, I learned that if you tell the Insurance Company AFTER ALL IS SAID AND DONE, THE TM DAMAGE, THE TRUCK DAMAGE, REVENUES LOST AND BODILY INJURIES, AND DON'T SIGN OFF UNTIL YOU HAVE A COMPLETE RELEASE, ADD UP ALL THE BILLS.
EX:
Your total comes to 50,000 that would be outstanding out of pocket costs you incurred for instance. You can't claim what was actually paid for. The reason for 3 x to 4 x the amount is future possible problems with injuries, and this takes into account pain and suffering.
This is just an example: You tell the insurance Company you'll settle for $200,000.
They may come back with a counter offer, Go no less then 3 times the amount of your actually bills and prov-en losses with pain and suffering.
If they want you to settle for less than 3 times that equation, then you say I will have no choice but to hire an attorney. Guess what, more than likely they will settle because an Attorney will go for more and you'll be getting less because he will charge you 40% of the total.
Make sure you go to a Chiropractor to get all your soft tissue looked at. They can ascertain if you have injuries from this accident and prove it.
Last summer I had a small accident. I looked down to reach for my phone and did not see the guy was stopped in front of me.
I have a dimple the size of a cup in my bumper and his back tail light was broken, that was it. The cop wrote in his report that his damage was $25.00 for a back tail light. My damage was $500.00
He claimed injuries.
I just got a statement from my Insurance company they settled with him for $9,600 dollars. I was floored. I knew when he got out of his dumpy 20 year old Nissen that he was humming moving on up.
He originally was wanting to settle for $60,000.00 I was more than floored with that, I was HOT because he was taking advantage of a situation and saw that I had a company.......
I am glad the insurance company did not give into his high demand, but plenty pissed that he is getting anything more than a tail light.
Yes I hit him but geeze, not into the next county. His vehicle grunted above a fart.
But any way, just don't go to an attorney right off. You only need one really if you have disabilities from this. You can settle for what the attorney would make a claim for anyway, why should you give him anything for getting him all the information.
The insurance company will be fair and settle for at least 3 times every-time. They don't like it when you hire an attorney. Just know how to negotiated with them. If they don't want to go 3 times, then go to an attorney, he'll get 4 - 5 times with you giving him 40 %.
That's all I've got to say about that.
Hope it works out well for you and that you will be back on top soon.