After you've been injured in a car accident, you may be offered a sum of money to settle the case. It's important that accident victims understand what goes into an offer and how to know when they are being taken advantage of. Read on to find out how offers work, how much you should be paid, and how to ensure you don't get ripped off in the process.
Settlement Offers and What to Know
In most cases, if fault has already been decided and the other side is seeking a settlement., you may be contacted soon after an accident and offered money by the at-fault driver's insurance company. If you accept the offered sum, the case is closed and you cannot change your mind and seek more money after you sign the agreement. A settlement can be a good thing as it gets things over with quickly and nobody has to go to court. However, it can also mean that victims are not paid what they deserve, unfortunately.
How Much You Should Be Paid?
In all likelihood, the first offer is not as much as you deserve. The insurer is not trying to be fair, they are a for-profit business. You must look out for your own interests when dealing with an insurer, so it helps to understand damages and how they are paid. Below is a list of common car accident damages and how they may be calculated:
How to Protect Your Interests
In the stressful time after an accident, it's easy to be too hasty. It's only natural that accident victims don't want to deal with the insurance company and just want everything to be over. That's why the best chances of being paid what you deserve mean speaking to a personal injury lawyer. They can evaluate your losses and ask the other side for what you deserve and need. They can handle those tricky negotiations with the other side and they know when it's time to take action and file a lawsuit. For additional info, speak to a personal injury lawyer today. You have nothing to lose and thousands of dollars to gain.
The phrase "you get what you deserve" is sometimes taken out of context to mean that you can just sit there, and one day what you deserve will land in your lap. For most people, this is just not true. You have to fight for what you deserve, and if you've been injured due to someone else's negligence, what you deserve is compensation. Luckily, you do not have to fight alone. Hiring a personal injury attorney will go a long way towards ensuring you're awarded the compensation you deserve, either in court or via a settlement. Read more in the articles we've collected here.