Third Party Capture

Third Party Capture

Some of you reading this blog may have heard of the term ‘Third Party Capture’.  For those of you who have not, or are unsure what this term means exactly, here is a brief explanation.

Third Party Capture is when the Insurer of the person with whom you have had an accident investigates and tries to settle your claim for compensation directly with you.  That is, the Insurer settles your claim solely with you and does not afford you the opportunity to obtain independent legal advice.  So, for example, the Insurer will provide you with compensation direct.  Right, so what’s the problem with that?  Well, quite simply, the likelihood is that you will end up undercompensated.  You will not receive the full compensation that you deserve.  You have not had legal advice and may therefore not be aware of what your claim for compensation will be worth.  It may be that your claim is worth £10,000 but the Insurer has attempted to settle your claim for £5,000 – because you have not had legal advice, you think £5,000 sounds like a lot of money and agree to settle your claim.  However, the reality is that in effect you have lost out on £5,000.00.

The only positive thing that I can possibly think of that comes from Third Party Capture is that your claim will be settled faster than it would be with legal intervention.  But is this few weeks or few months really worth £5,000 in lost compensation?  I think many would agree that this is not the case.  At The Injury Lawyers we offer free legal advice and take your claim on a genuine no win no fee agreement.  That means that you never pay us for our services; we recover our fees from the other side.  It is therefore a far better idea to get in touch with a quality injury lawyer like us at The Injury Lawyers to fight your corner and ensure that you receive the maximum compensation you deserve.  It’s a free, fast, and reliable way to ensure that you get what you deserve.  Please remember that the other side’s insurers really only have one thing in mind, and that is to make sure they lose the least amount of money possible.

If the other side’s Insurer puts pressure on you to settle your claim, just ask yourself: why they are doing this?  Have they really got your best interests at heart?  If they come round to your house or constantly ring you up, you have to ask yourself why they are doing this.  Why do they seem so obsessed with compensating you as quickly as possible?  Are they really that concerned about you? Probably not, unfortunately, but what they are concerned about is losing money – they know with the involvement of lawyers they are going to have to compensate you a lot more than they would have.  Naturally the Insurers would like to settle sooner.  All we ask is that you take a step back and consider what is best for you.  And remember, our legal advice is free, and our representation costs you nothing!