Should I Aim for a Quick Settlement?

Your focus after an injury is probably on putting your life back together as soon as possible. No one wishes for an uncertain future. The sooner you can resolve the issues you face, the happier you’re likely to be.

It’s a fact that in many cases, your expenses will begin to pile up before you start to see payments from insurance or other sources. It’s only natural for a bit of panic to set in as you wonder, “How am I going to pay for all this?”It’s understandable to want that stress behind you as soon as possible, so you can focus on your physical recovery.

It’s important to remember that those bills aren’t going anywhere. They can wait while you investigate all your legal options, and determine the best strategy to maximize your financial recovery. You deserve the peace of mind that comes from knowing you didn’t rush to agree to a settlement that may not have been in your best interest.

Quickest Isn’t Necessarily Best

While you certainly shouldn’t delay making financial decisions, it may be unwise to quickly accept the first offer when dealing with insurance adjusters. Often, insurance companies try to maximize profits at the expense of injury victims—by reducing or even refusing claims.

They may use intimidating terminology and high-pressure tactics to get you to agree to a settlement quickly, and without consulting with a lawyer first. The adjuster may make it seem like a quick settlement is to your benefit. In most cases, it won’t be.

Time is a Good Investment

It often takes time to determine the full extent of your injuries. Sometimes your doctor may need to monitor your progress and adjust your prognosis. In some instances, it may be wise to get a second medical opinion.

Whether or not your case proceeds to trial, you should never settle before the full value of the case is determined. Working with an experienced personal injury attorney can be a crucial step in making that determination. Your lawyer can provide you with the resources and knowledge to help maximize your financial recovery after an injury.