If you have been in a car accident, you may consider settling with the insurance company right away. However, this decision is usually a big mistake. The better move is to hire a car accident lawyer to negotiate with the company and get the best and fairest offer that will cover your immediate and future medical needs. Before you accept a quick settlement after a car accident, here’s what you should know:
You Will Take Less When You Settle Quickly
You can settle your car accident case quickly but you will only take less than you are entitled to. Before you decide, consider how much money you are willing to give up for a quick settlement. Car accidents can take a long time to settle and the possible outcome is usually worth the wait. With the support of an experienced Jupiter accident lawyer, this process can be much smoother. And you will have a higher chance of getting a higher payout than if you had just taken the first offer.
Settlement Agreements are Final and Binding
When you choose to settle with the insurance company, you free them of any liability. This means they will not be responsible for any payments beyond the settlement agreement. You cannot ask for more money in the future and can’t take the case to court. This is true even if your injuries will be found more serious than initially discovered when you experience unexpected complications, or if you don’t fully understand the value of your claim.
Your Attorney Will Not Settle Quickly
The best car accident lawyers will work hard to get you the money you need as quickly as possible without rushing through your case or pressuring you to accept an unfair offer. In addition, they will not settle without understanding the full extent of your injuries, property damage, and lost wages. They will offer you all the options together with the probabilities of different outcomes that depend on certain actions.
An initial consultation with a car accident attorney will let you learn your options and the value of your case. Your attorney will also help you understand important things before you accept any insurance settlement offer.
