Protecting You During Trying Times

How to analyze a personal injury settlement offer

| Jan 27, 2021 | car-accident-victim

Are you reeling from the damages you’ve suffered in a car accident caused by the negligence of another? If so, you’re probably looking for a way to find accountability and recover compensation for the harm caused to you. Legal action is probably your best option for achieving your goals. Most personal injury claims result in settlement before heading to trial, which means that a negligent driver and his or her insurance company might approach you with a settlement offer. It might look tempting, but this offer might not be in your best interests.

Should you accept your settlement offer?

Before you can answer this question, you have to carefully consider a number of aspects of your case. Each of the following, therefore, should be taken into account before making an informed decision that is best for you under the circumstances:

  • The value of your personal injury claim: Before you can assess whether a settlement amount is appropriate you have to know the value of your case. Calculate your incurred medical expenses and lost wages, as well as any financial damages that you expect to incur moving forward. Also, think carefully about how much your pain and suffering is worth by taking into account how your life has been changed by your injuries.
  • The evidence: This sounds obvious, but you really want to carefully analyze the evidence at hand. If you’ve got a strong case, then you can push for more compensation during negotiations and even take the case to trial, if warranted. If there’s evidence showing that you’re partially at fault, though, then you might want to take a closer look at your settlement offer.
  • How other cases have panned out: All accident cases are unique, but there are usually similarities amongst them. By looking at how similar cases have resulted at trial you can better gauge your chances of success should you litigate the matter.
  • Your desire to go to trial: Litigating a case can take a lot of time and energy, but it can certainly be worth you. You just need to analyze how quickly you need compensation and how much you’re willing to hold out and risk in hopes of winning at trial.

Obtain the aggressive legal representation you deserve

Your case is important, and you deserve the assistance of a legal professional who will fight for your case like its their own. Fortunately, skilled and aggressive legal professionals like those at our firm stand ready to help.

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