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Consider these factors before settling your car accident claim

On Behalf of | Oct 15, 2021 | Car Accidents

You’ve got a lot to think about in the aftermath of a serious car accident. You may need extensive medical treatment and rehabilitative care, and you’ll have to find a way to pay for it, which can be challenging if your injuries have left you unable to work. You’ll have to find a way to fight through your physical and emotional pain and suffering, too, which can be difficult as you try to raise your family and live as normal of a life as possible.

It can all be stressful, which is why many car accident victims struggle to contemplate navigating the legal nuances of a personal injury claim. Yet, doing so is imperative to finding accountability and securing the compensation that you deserve. If you pursue one of these claims, though, then you’re likely to be offered a settlement. Although it might be tempting to take one of these offers, before doing so you have to carefully consider whether it’s in your best interests.

Is accepting a settlement right for you?

The answer to this question really depends on several factors. Here are some of them:

  • The strength of your evidence, considering witness accounts, expected expert testimony, and facts that demonstrate the true extent of your losses
  • The weaknesses of your case, including any arguments pertaining to contributory negligence
  • The value of your case, taking into account all economic and non-economic losses
  • How close the proposed settlement is to the value of your claim
  • Your desire to receive a quick infusion of funds even though it may not fully cover your damages

Each of these factors require close consideration, and only you know which type of action is best for you and your family. So, carefully think through the facts of your case and what you want for your future moving forward. If you’d like assistance in analyzing your case, then now may be the time to find support and speak with a legal professional of your choosing.

 

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