After getting into a serious auto collision, you may not be sure what steps you need to take next. Depending on the circumstances, you might be looking into filing an insurance claim or trying to get a quick settlement to pay off what you owe.
You need to remember that a personal injury lawsuit can be the difference between living a secure life and being financially insecure while dealing with your injuries. While you might be approached with a settlement offer or might receive a suggestion to avoid making a claim, you really need to think about what would be best for you now and in the future.
Your personal injury claim should cover all your needs now and later
A good personal injury claim makes sure that you’re made “whole” again. While the award itself can’t reverse any physical harm that has come to you, the point is that you shouldn’t have to suffer financially. You should receive enough to cover your financial losses as well as any expenses related to this injury that you expect in the future.
On top of that, your personal injury claim may include additional compensation for pain and suffering, lost wages and other losses, so you can focus on your recovery without having to be concerned about your financial situation.
Should you take a settlement if one is offered to you?
Generally speaking, most claims do end in settlements. However, the first settlement you receive may not be the right settlement for you.
Insurance companies often start off by offering low settlements at a time when you’re most in need. The point of this, to them, could be to get you to settle when you feel the pressure of your injuries the most.
This is unfair and manipulative. If you get a settlement agreement or are contacted by the insurance carrier, it’s important to reach out to your attorney and discuss the offer. Your attorney is skilled in negotiation, so they can help you get the most out of your claim to give you a better financial balance during your recovery.