Questions You Should Consider Before Accepting A Car Accident Settlement

Posted on: 10 January 2019

Settling a car accident case is not something that typically occurs overnight. Instead, it often takes weeks, months, or even years to settle a case, and you should never agree to a settlement until you have thought it through from every angle. In fact, here are three important questions you should always consider before you agree to a settlement amount for your car accident case.

Does the amount cover all your damages?

The first, and main question, to ask is if the amount will cover all the damages you encountered from the collision. Before you even receive an offer from the insurance company for the settlement amount, you should have an amount in your head of how much you would like to receive. If you have this amount in your head, where does the offer stand when compared to this amount? Is it less? Is it significantly more? Additionally, does the amount cover all the things you are legally entitled to receive? These are some good questions to ask yourself as you begin trying to decide if you should accept the offer.

Does the amount reflect future losses?

The second question to consider in this decision is whether the amount generously covers any future losses and expenses you may incur. To find out this answer, you will need to estimate how much the injuries will cost you and affect you in the future, and this is not always an easy thing to figure out on your own. If you do not have any permanent injuries, you can assume you will not have any future medical bills, though, so this will make the decision a little easier.

Does your lawyer believe the amount is fair?

Finally, if you have any questions about the offer you received to settle your case, ask a lawyer. A personal injury lawyer will review your case for you and will let you know how much money you are entitled to. The lawyer can also compare the amount of the offer to what you he or she thinks you are entitled to, and this can help you determine what to do with the offer you received.

If you have not hired an auto accident lawyer and are not sure how to handle the settlement the insurance company is offering you, contact a firm today to learn more about the settlement process and the legal rights you have when settling a car accident case.


Preventing Accidents Every Day

After struggling significantly with injuries that I sustained in an accident, I started thinking about various ways that I could improve the future. I began talking with different people about how to recover some losses, and they recommended looking for legal counsel. I began working hard to look for a lawyer, and a friend of mine mentioned that the attorney I was interested in was taking new clients. I met with them to work out how to handle the case, and we started working together to remedy things. With the lawyer's help, I was able to completely overhaul my lifestyle, and I have been able to recover those losses. Check out this blog for more information.


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