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Headed for settlement negotiations? Keep this in mind

On Behalf of | Mar 1, 2022 | Motor Vehicle Accidents

Recovering from a car accident takes time and financial resources that you may not have. That’s why it’s important that you take legal action if you were harmed by the negligence of another. After all, this may be the only way to find accountability and recover the compensation that you need and deserve.

Carefully approach settlement offers

Keep in mind, though, that as you pursue your personal injury claim, you may be offered a settlement agreement. These potential resolutions can be tempting, especially since they promise you a quick infusion of cash. However, insurance companies are not your best friend. In fact, they’re looking to escape the lawsuit with as little liability as possible.

So, before you accept a settlement offer, you may want to consider the following:

  • How close the settlement is to the amount that you had in mind based on the financial value of your claim.
  • The fact that you shouldn’t just accept the first offer that is thrown your way, as it is likely far lower than you deserve.
  • The justifications provided by the defense for making the offer that has been extended to you.
  • Your ability to articulate how your injuries have affected your ability to live your life, such as playing with and raising your children.
  • How you can defend your own driving actions at the time of the wreck so that you can avoid the potential of any diminished award based on fault assigned to you.

Secure the representation that you may need on your side

There are a lot of moving pieces to a personal injury claim. That’s why it might be wise for you to consider working closely with a legal professional who knows how to navigate the intricacies of your claim. Hopefully then you can develop the legal arguments that you need on your side to maximize your chances of achieving the outcome that you deserve.