When Should I Settle My Accident Case?

 Posted on July 03, 2019 in Personal Injury

Following a traumatic and unexpected accident that leaves you injured,you are likely counting down the days to get back on your feet as soon as possible. While a swift insurance payment may be appealing in your moment of need, immediately resolving your claim and agreeing to a payout too quickly is one of the most mistakes you can make. Knowing the perfect time to settle your claim is a sensitive matter, one that requires the expertise and skill of a legal team you can trust.

Before you decide to accept the insurance company’s offer, make sure you have thoroughly considered the following:

• Know what your case is worth. Do you have an idea of the full extent of your medical bills, treatment, therapy, or future care? It can be impossible to accurately determine these matters early on. Remember, the insurance company is hoping you will accept the earliest, cheapest offer. They will almost always undercut the full extent of your claim while pressuring you to make a decision.
• Reflect on how this injury will affect your ability to work or earn future wages. Do not accept a settlement that does not address the potential of lost income, especially since you cannot foresee your return to employment.
• Be sure of where you stand. Are you prepared to leave this issue in the past? Once your case is resolved, you cannot legally revisit it again.

Ultimately, the decision to settle is an entirely personal one. No matter the advice or counsel you are given, your optimal outcome will depend on the specific and private circumstances of your case.

Compassionate & Results-Driven Advocates Tirelessly Fighting for Your Rights

Are you suffering due to the negligence or misconnect of another? WithIvey, Barnum & O'Mara, LLC on your side, rest assured you are inthe hands of dedicated personal injury attorneys who are focused on your best interests above all else. We will work directly with you to ensure your case is handled as seamlessly as possible, no matter the challenges or obstacles in our way.

Are you interested in scheduling an initial case evaluation with a member of our firm? Contact us by calling 203-661-6000 at your earliest convenience.