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How do you settle a car accident claim?

On Behalf of | Jun 9, 2017 | Car Accidents, Firm News |

The first thing you want to have in your back pocket when you decide to settle your car accident claim is a personal injury lawyer. Your Virginia personal injury attorney will have a sense for a fair settlement value to assign to your car accident injury lawsuit to ensure that receive a monetary settlement that’s appropriate considering the facts of your case.

If you’re new to the world of personal injury law, you might not understand why a settlement could be a very good idea in your case. The reason is that no one can predict the result of a lawsuit with complete accuracy. There’s always the chance that a judge or jury could deny a car accident plaintiff’s damage claims — even if the case appears to be a proverbial “slam dunk.”

By settling your lawsuit, you can stay in control of the result. It never hurts to discuss the potential of settling your matter with the defense lawyers. Indeed, if the defense lawyers can recognize the merits of your case, they will also be able to recognize it’s potential value. An out-of-court settlement is just as valuable to the defense as it is to you. The opposing counsel will be able to control and prevent the slim chance that a judge or jury will decide to award you an amount that is overly high considering the circumstances.

In most car accident injury cases, the plaintiff’s attorney will start the settlement negotiations off by submitting a demand letter. In the demand letter, the attorney may offer a higher-than-expected amount to settle the case because he or she intends to negotiate that figure down to a more realistic one.

Were you hurt in a Virginia car crash? If you talk with a personal injury lawyer about the possibility of settling your potential lawsuit, you might be surprised by the results of the conversation. You could end up receiving financial compensation to pay for your injuries.

Source: FindLaw, “Car Accident Settlement Basics,” accessed June 09, 2017