Should I Accept a Car Accident Settlement? A Car Accident Attorney Can Help Navigate the Waters

The average driver will likely get into at least one accident at some point in their lives. If you are involved in a car accident, you could end up suffering injuries and damage to your vehicle. In some situations, this could involve having to file a lawsuit to collect the full damages that you deserve from either the other party or the insurance company. If you or a loved one have been involved in an auto accident, you should contact an experienced car accident attorney from the Law Offices of David Kohm.

Should I Accept a Car Accident Settlement? A Car Accident Attorney Can Help Navigate the Waters

If you do have to file a lawsuit, the other party may try to negotiate and settle the case outside of the courtroom. They are often willing to do this in order to avoid having to go through the court process which may result getting hit with a much higher judgment. When you are offered a settlement from the other party or the insurance company, it can be very difficult to determine whether or not you should accept. Fortunately, when you hire a car accident attorney, your legal representatives will help you to navigate these challenging situations. Your attorney will be able to help you a number of different ways to determine whether or not you should accept the settlement.

Determine the Fair Amount of Your Claim

When you are working with a car accident attorney to determine whether or not you should accept a settlement from the insurance company, the first thing they will do is determine what would be a fair amount of money that you should receive for the claim. This can be a very difficult thing to calculate in some situations. If you have received medical bills, have had to make repairs to your car, or have incurred other expenses, it would be natural to have all of these paid for by the other party. However, there are other factors that need to be considered as well. If you have incurred a lot of pain and suffering or have had to take time off of work, this should also be considered in the settlement.

Past Examples of Settlements

Another factor that you will have to take into consideration when deciding whether or not you should take a settlement is what your attorney’s experience has been with settlements in the past. Most likely, if you have hired an attorney with a lot of experience, they likely have handled a lot of different settlements from auto insurance providers in the past. Because of this, they will have more inside information into what a typical and fair settlement will look like. The attorney will be able to review past cases and compare and contrast them with yours to figure out what a good settlement offer would be.

Determine Chance of Success in Court

Before determining whether or not you will accept a settlement from the insurance company, you also will want to consider whether or not you believe you will be successful if the trial goes to court. The main advantage of accepting a settlement is that you know you will at least get that amount of money. However, if you choose to go through the full court process, you will be risking losing anything and you may not be able to appeal.

Your attorney will be able to work with you to review your entire case file. This will include reviewing your medical records, police reports, witness reports, and other relevant pieces of information. Based on this, the car accident attorney would be able to determine whether or not you would likely win a judgment in court.

Call the Law Offices of David Kohm today at any of our convenient locations and get a free consultation.

Arlington (817) 522-4451
Denton (940) 222-4060
Dallas (972) 362-6848
Fort Worth (817) 764-1375
Cedar Hill (972) 338-9427
McKinney (469) 522-3688
Lewisville (972) 354-4605
Frisco (972) 725-7681

You can also contact us online by using our quick contact form.

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