Only about five percent of personal injury cases in the United States go to trial so, if you are planning to file a personal injury lawsuit, your case will likely end in an out-of-court settlement.
Although the easiest and fastest way to conclude a personal injury lawsuit is by settling, knowing when to accept a personal injury settlement offer can make a huge difference in the compensation amount you receive. If you want to know when it is right to settle, here are some things you should keep in mind when considering an offer:
1. The amount the insurance company is offering
You must remember that the insurance company’s goal is to settle as quickly as possible, for as little as they can. For that reason, the first settlement offer is almost always well below what a claimant is entitled to. When given an offer, you must consider whether the amount will cover your past and future medical expenses, pain and suffering, loss of income and other expenses resulting from your injuries.
2. How much your case is worth
An excellent way to determine how much your case is worth is by reviewing the amounts awarded in similar cases in the past. You will need to look at accidents that occurred in the same area, under comparable circumstances leading to injuries like yours.
3. Percentage of Fault
Determining liability in a car accident is not always straightforward, and sometimes a victim is partly responsible for their injuries. If you were somewhat to blame for the accident, this would affect the settlement offer you receive.
Hiring an attorney to negotiate a personal injury settlement?
The biggest mistake some injury victims make is negotiating personal injury settlements on their own. Insurance adjusters are not on your side. They have years of experience negotiating settlements, and you will not be a match for their tactics.
When you use a qualified personal injury attorney, your chances of winning a settlement increase, as does the amount you are likely to receive.
Are you searching for a personal injury attorney in Beverly Hills?
If you need help negotiating a personal injury settlement in Beverly Hills, contact us at Seber Bulger Law. The personal injury attorneys at Seber Bulger Law are passionate and relentless in addressing and remedying the harm that has been caused to victims of personal injury.
When you choose to work with us, we will spend time to hear your story and understand your needs so that we can offer the best legal representation.
Give us a call today to schedule a legal consultation with one of our attorneys. Let us show you how we can help.