If you’re involved in a car accident and find yourself injured in the process, you’re entitled to damages and compensation. In some cases, though, the other party will seek you out for a speedy settlement. Do you give in or not?
Settlement: yes or no?
Opting for a settlement has its own advantages. These includes the following:
- No overlong court process. When you file a personal injury lawsuit as a result of an accident, you’ll have to invest time, money and energy. It can take a long time and put a drain on your resources. By agreeing to a settlement, you won’t have to subject yourself to the stress and hassle of a long court case.
- Quick payout. Choosing a settlement means you get compensation right away. If you think your injuries aren’t too severe and the compensation is more than enough to take care of any costs, then it might be a good idea to say yes to that offer.
- Privacy. If you want to keep details of the accident private, then opting for a settlement ensures that. Going to trial means the court documents are now open to the public. If you want to keep your life private, opt for a settlement.
- Finality. The other party can appeal a court. With settlements though, the dispute is over and done with.
- Compensation. In some situations, your lawsuit might not be worth enough so foregoing that in exchange of a settlement seems like a better choice.
Finding Help
However, before you say yes, make sure you consult a personal injury lawyer. Get someone who’s already had experience in dealing with your kind of case, says DMV. By hiring one, you now have someone with the legal training and skill to help you decide if going for a settlement is indeed the right move to make.
