When you’re in a car accident, you may be shocked about how much your medical care costs and how much the repairs for your vehicle will be. You know that the other party is supposed to pay for those expenses, but you’re not so sure the settlement you’ve been offered will be enough.
It’s a good idea not to take the first settlement you’re offered for that very reason. You need to know that whatever you’re offered is not only a fair deal for you but also in your best interests. There are sometimes cases where insurance companies want to settle as quickly as possible to save money, even if that means leaving you with less than you actually need or deserve.
A settlement, at its core, is a way to resolve your dispute with the negligent driver. This settlement takes away your right to further litigation. Since that’s the case, you should never sign a settlement without being completely positive that it’s the right decision. Once that document is signed, you’ll only receive what is in the agreement.
If you think that your injuries and losses are being undervalued, then you can have your attorney write a demand letter. This letter includes information about your injuries and the collision as well as a fair amount that you’d like to settle the case. It’s sometimes possible to negotiate for more than is necessary, just so there is a little room to negotiate.
Our website has more on settlements and what to expect. The right help can make sure you get what you need to pay your bills and more.
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