If you’ve been injured in an accident in Northern Ireland, you’re likely stressed and unsure of your next steps. This is exactly when some insurance companies might try a tactic called Third-Party Capture.
What is Third-Party Capture?
It’s when an insurer pressures you to settle your claim quickly before you’ve had a chance to talk to a personal injury solicitor or get the medical evidence you need. They might offer what seems like an easy solution to a big problem, but it could end up costing you more in the long run.
Why Should You Be Wary?
It may seem like a good idea to settle your claim quickly but there are significant issues with this approach. It’s worth remembering that if it sounds too good to be true, it usually is. Third-Party Capture can have serious consequences like:
- Lowball Offers: Remember, insurers are typically publicly traded companies that are looking out for your best interest. They will always prioritise profit. That’s why they might offer a settlement that significantly undervalues your claim, especially if you haven’t sought medical attention or spoken with a solicitor.
- Hidden Injuries: Sometimes, injuries take time to fully manifest until much later. Accepting a quick settlement could leave you without compensation for unforeseen complications.
- No Second Chances: Once you settle your claim, reopening it can be difficult if not impossible. Don’t let an insurer put a price on your health without proper medical evaluation.
Understanding Insurance Industry Tactics: Don’t Be Fooled
When faced with an accident claim, navigating the insurance world can be confusing. Here, we expose some common tactics insurers might use and how they can disadvantage you:
- Misleading Information: Watch out for insurers downplaying your injuries or the compensation you deserve.
- Discouraging Legal Help: Be wary of some insurers urging you to skip legal and medical advice – it’s crucial for a fair outcome.
- Persistent Pressure: Don’t cave under constant calls. Stand firm. Take your time to make level-headed, informed decisions.
Practical Advice If You’re Approached: Protect Your Rights
Here’s what you can do to ensure you get the compensation you deserve after an accident in Northern Ireland:
- Take Your Time: Don’t rush into settlements. Gather all necessary information and understand the full impact of your injuries.
- Know Your Rights: Educate yourself about your rights as an accident victim. This empowers you to make informed decisions.
- Seek Legal Advice: Consulting a personal injury solicitor is vital. They can assess your claim and ensure you receive the compensation you’re due.
Realities of Third-Party Capture in Northern Ireland
The reality is this problem is systemic. There are so many insurers implementing this tactic that it has drawn the attention of the Law Society of Northern Ireland. The Law Society has urged the Northern Ireland Executive to implement measures to protect accident victims from Third Party Capture. Their comprehensive report includes numerous disturbing case studies highlighting this issue.
For over 55 years, Paschal O’Hare Solicitors has been providing outstanding legal advice to the people of Northern Ireland. If you have been injured in an accident, discover more about our services or get in touch with our expert solicitors today or visit our offices in Belfast, Glengormley, and Carrickfergus.
