If you’ve been injured due to someone’s negligence, you may have the right to pursue compensation for your injuries by filing a personal injury claim. In some cases, the insurance company may be willing to settle your claim before a case is filed in court or after a case is filed, but before it goes to trial. In other instances, you may have to weigh the pros and cons of going to trial. An experienced personal injury attorney can help you make this choice.
Why Would an Insurance Company Settle a Case?
The majority of personal injury cases are settled prior to trial. Insurance companies realize that going to trial will cost them a great deal of money and time. Going to trial will be more expensive than paying out a settlement. If the case does go to trial, the insurance company takes the risk that there would be a substantial verdict against them, and they will end up paying more than any settlement that would be acceptable to the injured party. The insurance company will engage in a risk/benefit analysis to determine to the best course of action for them.
Who Benefits from Settling a Case?
In most cases, both the plaintiff and the defendants can benefit from settling a case. It’s beneficial to a plaintiff because settling a case can help them receive compensation sooner. This can be especially important if you have mounting medical bills and expenses. The settlement can alleviate any financial concerns and safeguard your standard of living. The defendant also benefits because they save the costs and time associated with a trial. It is impossible to predict the outcome of a court case, that’s why it’s critical to have an experienced personal injury attorney on your side who can help you pursue maximum compensation.
What if Negotiations Don’t Result in a Settlement?
In some instances an insurance company will refuse to negotiate a fair settlement. Accepting a low ball settlement can put a plaintiff in a precarious financial position. In some cases, the only option may be to file a lawsuit and go to trial. If this is the case, then you want to ensure that you have a personal injury attorney with experience going to trial who can walk you through the litigation process.
Contact an Experienced Personal Injury Attorney
If you’ve been injured due to someone’s negligence, you need an experienced personal injury attorney on your side. At Bonina & Bonina, P.C., we have settled thousands of cases and have extensive trial experience. Contact us online or call us at 1-888-MEDLAW1 to schedule your free consultation. Home and hospital visits are available. Se habla español.