For people who are injured in accidents not caused due to their fault, the No win No fee clause practiced by several law firms across the country comes across as an excellent respite from their problems. In simple terms, this clause reduces the financial risk of the complainant. After all, you pay the lawyer only if your claim is settled. However, the most important thing to remember when you are filing insurance claims through legal firms or lawyers is that never try to mislead them by sharing incorrect information.
How does it work?
The no win no fee accident claims work on a very simple rule. While the lawyer will pursue the legal battle with your insurance company in order to help you claim the right compensation, you are not liable to pay any fees unless the case is won. Even after winning the case, a part of your lawyer’s fee comes from the insurance company ensuring that the entire burden is never on you.
Who is eligible?
Anyone and everyone who is liable for compensation but it not getting the required amount from the insurance company is eligible to seek legal guidance under the No win No fee clause.
Looking for the right lawyer
From the many options available under the category of law firms and lawyers, you have to concentrate your efforts on hiring the services of a professional who is better experienced to handle cases similar to the one that you are filing. You can easily rely on the internet, local search engine and referrals from friends to do the job.
Get your case analysed!
There are several legal firms in and around the country that specialize in offering assistance to people filing accident claims. However, if you want to seek assistance under the No win No fee clause, you have to start with getting your claim analysed. As part of this process, the law firm will analyse your claim thoroughly and accordingly give you an approximate estimate of the success rate. Basis these details, the lawyer will decide whether or not your case is worth taking up under the No win No fee clause.
In fact, there are many lawyers who provide this initial analysis without charging any fees. Introduced as an amendment to the existing judicial system in an endeavour to increase the accessibility for common man, the No win No fee accident claims is an extremely useful option for people who are facing problems when it comes to getting their claims approved from the insurance companies.