Settlement: Personal Injury Cases
Posted on Wednesday, June 10th, 2020 at 6:30 am
Most cases people link personal injury settlement with car accident claims. However, there are many types of personal injury cases including the following:
- car accidents,
- medical malpractice,
- premises liability,
- animal attacks,
- aircraft accidents,
- nursing home abuse,
- products liability
Personal injury cases involve any case where a person suffers harm due to the negligence of another individual or entity. This article will discuss what you need to know about personal injury claims regarding settlement.
Insurance Companies: Friend or Foe?
Many personal injury cases involve insurance companies such as cases relating to car accidents, medical malpractice, etc. The insurance company protects the financial interests of the insurance company. This is an important point to bear in mind, the insurance company looks out for the insurance company. Therefore, the settlement offer made by such companies may not always be fair. This is mainly because they are trying to limit the financial exposure of the insurance company.
To Settle or To Trial?
The type of personal injury cases and the flooding of the courts results in many cases settling out of court. This basically means that a judge or jury do not decide the outcome of your case. Rather, the victim’s personal injury lawyer negotiates a monetary settlement with the insurance company or defendant. In such instances the victim gets to decide whether or not to accept a proposed settlement. Sometimes settlement happens after mediation. However, if settlement is not accepted the case may go to trial. That being said, it is possible to still settle during trial proceedings. Such decisions to settle depend on both the defendant’s offer and the plaintiff’s acceptance of the offer.
Making the best decision on a settlement offer and proceeding to trial require strong legal advice. Do not make this decision alone as many factors need to be taken into consideration. Remember that the settlement must cover your current medical situation and the future one. It must compensate every loss you have suffered. Speak to an experienced attorney with a strong personal injury background at the Vinson Law Office. Contact the Vinson Law Office for a free initial consultation.