Personal injury cases can vary from one case to another. There are a lot of factors that play a role in determining the final outcome. Some cases may get settled quickly, while some may take time. Similarly, most personal injury cases do not enter the court. This means they are settled outside with the help of a Fort Worth Personal Injury Attorney.
Many victims wonder if they should take their case to court or settle for the amount the insurance company offers. Well, the answer depends on various elements.
Consider these factors when settling your case out of court.
If you do not want to go through the court procedure and need to settle your case quickly, you must be extra careful. This is mainly because once you accept the settlement offer by the insurance company, you can no longer file for compensation again.
Therefore, before making the final decision, ask yourself whether the amount you are receiving is sufficient.
- Is the amount sufficient to compensate for all the expenses you have paid for your injury?
- Is the settlement amount enough to help you with the loss of possible future earnings due to your injury?
- Will the amount be sufficient to cover the future medical expenses that accompany your injury?
- Will the amount be enough to compensate for property damage and any other possible damage or loss you have incurred from the accident?
One of the common mistakes that victims make while settling their personal injury claim is to assume things on their end. Victims may believe that the settlement amount the insurance company offers is the maximum they can get. It is vital to note here that the insurance company cannot pressurize you to accept their settlement offer.
Negotiate!
After discussing with your attorney, if you think your compensation is less than the losses and damages you have incurred, your attorney can negotiate with the company. Attorneys are experts in negotiating with the insurance company, and they are aware of how much you deserve according to your injuries and damages.
Therefore, your attorney can demand the deserving compensation during the negotiation process. In case both parties fail to come to a mutual settlement amount, you can take your case to court. If your attorney is able to negotiate with the insurance company, you can save time by avoiding the litigation process. However, sometimes the only option to get the rightful compensation is by taking your case to court. In either circumstance, your attorney will be the best guide to tell you what is right and wrong!