What Role Do Insurance Companies Play in Wrongful Death Lawsuits?

August 5, 2024

In wrongful death lawsuits, insurance companies are often key players, influencing the outcome and the compensation awarded. At The Richards Firm, we understand the complexities involved in these cases, especially for families seeking justice in Hamilton, Ohio. This blog post aims to shed light on the critical role insurance companies play in wrongful death cases and why having a knowledgeable wrongful death attorney in Hamilton, Ohio is essential.

Assessment of Claims

Initial Evaluation

Insurance companies begin by conducting a comprehensive investigation of the claim. This involves reviewing police reports, witness statements, medical records, medical bills, and other pertinent documents to determine the types of claims, liability, and the extent of damages.

Determine Coverage

Insurance companies assess whether the incident falls within the coverage provided by the policy in question, which could include auto insurance, homeowner’s insurance, malpractice insurance, or employer liability insurance. Understanding these nuances is crucial for any wrongful death attorney in Hamilton, Ohio.

Negotiation and Settlement

Negotiation

Insurance adjusters typically negotiate with the plaintiff’s attorney to reach a settlement. Their objective is to resolve the claim without going to trial, which can be costly and time-consuming for both parties.

Settlement Offers

Insurance companies may offer a settlement to avoid litigation. However, these offers can be lower than what the plaintiff is entitled to, making the negotiation process critical. A skilled wrongful death attorney in Hamilton, Ohio, can ensure that families receive fair compensation.

Legal Defense

Providing Defense

If a wrongful death lawsuit is filed, the insurance company usually hires legal defense for the insured party, which may come in the form of in house attorneys or outside law firms. Those attorneys will represent the insured in court.

Covering Legal Costs

The insurer typically covers the legal expenses associated with defending the claim, including attorney fees, court costs, and any other related expenses. This aspect underscores the importance of having a dedicated wrongful death attorney in Hamilton, Ohio, to navigate the legal complexities.

Payout of Claims

Compensation

If a settlement is reached or if the court rules in favor of the plaintiff, the insurance company is responsible for paying the agreed-upon compensation. This compensation can cover medical expenses, funeral costs, lost wages, pain and suffering, and other damages.

Policy Limits

The payout is often subject to the policy limits of the insured’s coverage. If the damages exceed these limits, the remaining amount may have to be pursued directly from the insured party. A proficient wrongful death attorney in Hamilton, Ohio, can help ensure that all avenues for compensation are explored.

Challenges in Dealing with Insurance Companies

Underestimation of Claims: Insurance adjusters may attempt to undervalue claims to minimize payouts. It’s essential for claimants to have experienced legal representation to ensure fair compensation.
Delay Tactics: Sometimes, insurance companies might delay the claims process to pressure claimants into accepting lower settlements.
Complex Negotiations: The negotiation process can be complex, requiring detailed evidence and expert testimony to substantiate the claim’s value.

Your Advocate Against Insurance Companies in Wrongful Death Claims

In wrongful death cases, insurance companies play a pivotal role from the initial claim assessment to the final payout. Their involvement can significantly influence the outcome and the amount of compensation received by the plaintiff. At The Richards Firm, we understand the importance of navigating these interactions effectively. If you are seeking justice for a loved one in Hamilton, Ohio, our experienced wrongful death attorneys are here to help you through this challenging process.

For more information or to schedule a consultation, please contact The Richards Firm, your trusted wrongful death attorney in Hamilton, Ohio.

We can be reached at 513-461-0084 or visit us at https://richardsinjuryfirm.com.

Follow The Richards Firm:

Facebook (https://www.facebook.com/TheRichardsFirm/)

Twitter (https://twitter.com/FirmRichards)

Instagram (https://www.instagram.com/therichardsfirm/)

Tik Tok (https://www.tiktok.com/@therichardsfirm?lang=en)

LinkedIn (https://www.linkedin.com/company/the-richards-firm).