It’s often tempting to settle a car accident claim, primarily because it allows you to secure some much needed money to help you pay your medical expenses and recoup your lost wages. It can also be enticing because it allows you to quickly put the matter behind you. But a settlement offer might not be in your best interests. Here’s why.
Insurance companies don’t fight for you
Insurance companies only care about their bottom line. They often engage in tricky tactics to avoid the costs of litigation and obtain a settlement while dodging the possibility of an even larger payout. So, regardless of how caring they may seem, remember that they’re not in it for you.
Only you know what your case is worth
You’ve probably suffered extensive damages, including medical expenses and rehabilitation costs, as well as lost wages and lost earnings capacity. But you’ve probably also suffered noneconomic damages, such as physical and emotional pain and suffering. These damages can be challenging to calculate, and negligent drivers and their insurance companies will be quick to lowball them.
Evidence is in the eye of the beholder
The defense in your case might look at the evidence and see weaknesses when in reality you have the ability to present it strongly. The other side might also think that it can shift the blame onto you when in reality you can competently defend your actions. This is why judges and juries are so powerful. They decide which evidence is controlling, which means you have the opportunity to assess the strengths and weaknesses of your case and determine for yourself if your likelihood of succeeding at trial is high.
You know what’s best for you
Only you know how badly you want to put in the time and effort to go to trial. But by working with your attorney you can better assess the risks and rewards of going to trial so that you can make the fully informed decision that is right for you.