In most situations, a PIP insurance lawyer in Orlando will work on a contingency basis. This means they aren’t paid unless you win your case. However, there isn’t a set amount of money that will be paid in in PIP cases. While it is based on the cost of the care you provide to an accident victim, it is most commonly based on a set percentage.
Percentage of the Settlement
First and foremost, you will pay a percentage of the settlement money you are awarded. Because PIP cases are restricted to $2,500 for most situations and up to $10,000 for severe cases, a PIP insurance lawyer will typically charge approximately 33 ⅓ percent of the final award. While the prices are set by individual attorneys, this is the maximum charged.
Other Fees
While a majority of the money you need to pay a PIP insurance lawyer in Orlando is based on the amount of your settlement, there are other fees that can factor into the equation. For instance, a cut and dried case that requires nothing more than a letter to the insurance company and your funds are recovered won’t add much more to the amount you must pay. However, if your case is more involved and requires court appearances over a period of time, you will find the fees slowly begin to add up. Some of the fees you may expect to be responsible for include filing fees, costs of serving the other party or witnesses, obtaining records and police reports, expert witness fees and court reporter costs.
Before you hire any PIP insurance lawyer in Orlando, it’s important to discuss how much the case may cost. In some situations, you may find the amount you may recover for services rendered isn’t worth the amount of money you will need to pay your attorney. However, if your claim is substantial, it may still be well worth your effort to work with an experienced attorney.
If you would like to learn more about the cost of hiring a PIP insurance lawyer in Orlando, visit the business name website for additional information.