If you are dealing with claims or a lawsuit after a car accident, you may be wondering whether your case will end in a settlement agreement with the insurance company. Only a skilled car accident attorney will be able to tell you whether your case is likely to resolve with a settlement. After all, many factors about your case must be taken into consideration and each car accident is unique.
A skilled lawyer will be able to help you determine whether your case should be settled outside of court, how much your settlement is worth, and more. Below, we will discuss the advantages of settling car accident claims outside of court, how the settlement process works, how to find out the value of your claims, and more!
To Find Out How Much Your Settlement Is Worth, Call Matlin Injury Law Today
Are you wondering whether you should try to settle your car accident claims outside of court? Hiring an attorney is the best way to get clear answers that pertain to your case specifically. Some personal injury attorneys such as Matlin Injury Law offer free case consultations! Call Matlin Injury Law serving Parker, Longmont, Colorado Springs, Boulder, Denver, Aurora, Thornton, and the nearby cities at 303-487-8911, or Click Here to begin filling out a free case review form online! In the meantime, you can keep reading about the settling process and how to find the real value of your claims below.
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What to Know About Settling Car Accident Claims
Many people wonder whether they will have to go to court to settle a car accident claim. If you are filing a lawsuit after your car accident, you may have to appear in court. However, in many instances, people can reach a settlement agreement with the defendant’s insurance company without the need for a formal court appearance.
What does it mean to settle a claim?
Settling involves resolving claims and legal issues without the need for a trial or court presence. With that being said, if an insurance company is trying to reduce or deny your claims, the courtroom might just be where your case belongs. If you hire a lawyer, they will be able to represent your interests in court and help you get a fair settlement for your financial losses, damages, pain, suffering, and medical costs.
It is Often Best to Speak With a Lawyer Before Settling
Unfortunately, some plaintiffs quickly accept low settlement offers and are left with unpaid expenses. By accepting a low settlement, the plaintiff releases their right to sue the insurance company. In situations like this, the plaintiff often does not receive the true value of their claim. Sometimes, the plaintiff does not know the full extent of their injuries. In other situations, additional expenses arise after a release has already been signed.
Injured victims should think about speaking with an attorney before accepting a quick settlement offer from the defendant’s insurance provider. An experienced attorney will be able to explain why it is important to wait before accepting offers or settlements that are unfair.
What is the Process of a Car Accident Settlement Like?
Victims injured in an automobile accident that was caused because of someone else’s poor choices, negligence, or intoxication, have the right to be compensated for damages. Damages can include pain, suffering, monetary losses, injuries, and medical bills.
The process of reaching a settlement usually involves:
- Getting necessary medical care
- Gathering evidence
- Calculating your settlement value and
- Writing an effective demand letter to the at-fault party’s provider.
The injured victim will need to gather evidence of their damages. This can include medical bills, calculations of monetary losses, calculations of any loss of income, photographs of injuries, photographs of the scene of the accident, witness statements, police reports, and more. An attorney can help you gather this sort of evidence if you are an injured victim.
Settlement Offers Can Arrive Quickly But Should Not Always Be Accepted
Sometimes, victims quickly receive a settlement offer. However, many plaintiffs choose to negotiate for better settlement amounts. The first settlement offer that the defendant’s insurance provider sends may be too low to cover the costs of your expenses and damages. A lawyer can walk you through the settlement process and discuss the value of your claims with you. It is usually best to speak with a lawyer before accepting any kind of settlement offer or cashing any checks that the defendant’s insurer sends you.
How Should Victims Respond If They Receive a Low Settlement Offer?
It is a fairly common practice for insurance adjusters to begin negotiations with a low settlement offer. Just like striking a bargain at a car lot, many agents will try to figure out how much you think your claim is worth. Unreasonably low offers should be reviewed by an attorney. Speaking with an attorney first is the best way to protect your interests and prevent insurance adjusters from gathering statements to use as ammunition against you later.
The Car Accident Lawyers at Matlin Injury Law are Here to Help You Get the Best Settlement
At Matlin Injury Law, we have helped countless clients get the settlements they deserve. We are on a mission to get you more money, faster. When you are supported by our legal team, your case will get the care and consideration that it merits! Don’t let insurance adjusters intimidate you or try to settle for less than what you need to cover your expenses and recover. Instead, let our car accident attorneys work hard on your behalf! Contact the team at (303) HURT-911 or click here to learn more.
How Much Is Your Case Worth? To Get a Free Consultation from Matlin Injury Law, Call 303-487-8911!
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