Should You Take a Car Accident Settlement?

Should You Take a Car Accident Settlement?

At some point, your car accident case will likely settle. Most car accident cases do not go all the way to trial. The question is always whether you should take the settlement offer that is in front of you. The answer is that it all depends on whether it is enough to pay for the damages that you have suffered.

The first time that you receive a settlement offer, it will likely be for far less than you deserve. If this question is framed as whether you should take the first settlement offer, the answer is likely to be a resounding no. If you accept a low settlement offer, you will be costing yourself money that you may need in the future.

You Can Negotiate with an Insurance Company

Before you accept any settlement offer, you should review it carefully to see whether it appropriately compensates you for your injuries. Your attorney knows how much your claim is worth and will compare it to the offer that you have received. The settlement offer would detail how it will compensate you for the individual elements of your losses, so you should get a sense of the insurance company’s thinking and have a starting point for negotiations.

If you choose not to accept the settlement offer, you have the right and ability to negotiate. The worst that happens is that the insurance company says no, and you have to file a lawsuit. More likely, the insurance company will raise their offer until you reach a settlement agreement.

Contact an Atlanta Truck Accident Lawyer

If you have been injured in a car accident, you need legal representation to maximize your compensation. Call Ben F Windham PC at 833.236.9467 or contact us online to discuss your case and learn what we can do for you.