Your Advocate In Serious Injury Claims

Rushing to settle your car accident claim is ill-advised

The urge for immediate financial relief in the wake of a car accident can be overwhelming. The looming financial burden arising from medical bills, lost wages and property damage, alongside the emotional stress of the crash, intensifies the desire for a quick resolution. 

However, rushing to settle your claim can have disastrous legal and financial consequences, as explained below.

You could settle for less than you deserve

You may not be fully aware of the extent of your injuries soon after an accident, and the settlement offer you accept might not fully compensate you for your damages. For instance, it might not account for future medical costs, the impact on your earning capacity and other long-term effects of your injuries. Accepting an offer that is less than the compensation you deserve can leave you in a difficult position since you will not have adequate financial support to deal with the aftermath of your injuries.

You cannot claim additional compensation

It becomes exceedingly challenging, if not impossible, to get additional compensation when you settle your car accident claim. This is particularly critical if hidden injuries or complications arise after the settlement. By settling your claim, your case is considered closed, and you cannot reopen it or seek legal intervention in court.

Make an informed decision

Don’t be pressured into a hasty decision that might jeopardize your right to fair compensation after a car accident. Take the time to comprehensively evaluate the extent of your damages and the value of your claim before agreeing to settle. Remember, you can decline an offer that does not meet your expectations.

Most importantly, consider seeking legal guidance to help you assess whether the offer from the insurer is sufficient and your options if it falls short.