The Risk of Rushing To Settle Your Key West Personal Injury Case
About 95% of personal injury lawsuits are settled before they ever reach a courtroom. The plaintiffs and defendants involved in personal injury cases are often open to the idea of settling since it isn’t uncommon for cases to drag out for months and even years in certain instances.
If you plan to file a lawsuit sometime soon, a Key West personal injury lawyer can attempt to negotiate a fair settlement with the defendant in your case to help you avoid having to go to court. This can provide the financial compensation you need to pay medical bills, cover lost wages, and take care of other accident-related expenses.
However, you shouldn’t rush to settle your personal injury lawsuit under any circumstances … and NEVER settle your case (i.e. accept money, sign a release) from an insurance company before speaking with an experienced personal injury attorney. Find out why below.
May Limit the Financial Compensation You Receive
Negotiating a settlement in a personal injury lawsuit in Key West, FL, is like negotiating anything else. There’s a good chance the first settlement offer and maybe even the first few settlement offers you receive will be lowball offers. The insurance company WILL try to take advantage of your nativity and pressure you into making a deal before speaking with an attorney. This is a mistake.
May Fail To Account for Your Future Medical Costs
Early on in personal injury settlement negotiations, you’ll know approximately how much financial compensation you’ll need to cover your current medical costs and other expenses. But what happens if you agree to an early settlement offer and then find out you’ll face further medical costs you didn’t initially anticipate?
Give your Key West personal injury lawyer enough time to schedule a complete injury claim evaluation to provide a better idea of how much compensation you’ll need to cover not only current but also future medical costs. Your legal counsel can advise you on more complicated issues like maximum medical improvement (MMI) that often impact those involved in workers’ compensation cases.
May Leave You With Legal Regrets
Once you agree to a settlement offer from the defendant in your case, you won’t have the opportunity to take any further legal action against them. Even if it becomes clear as day that you should have been entitled to more compensation later, a judge will usually not allow you to rescind your previous agreement and fight for more compensation unless there is clear evidence of coercion or fraud.
The last thing you want is to be left with legal regrets after a personal injury lawsuit. You could end up kicking yourself later on for rushing to settle a personal injury case.
It’s worth taking your time to ensure you’re 100% satisfied with the settlement a Key West personal injury lawyer has earned for you before accepting it and ending your case.
Need To Hire a Key West Personal Injury Lawyer? Call Florida Keys Injury Now!
At Florida Keys Injury, we never rush through settlement negotiations during a personal injury lawsuit. Whether you were involved in a car accident, a slip-and-fall accident, or a pedestrian accident, you can count on a Key West personal injury lawyer from our firm to work hard on your behalf. We have extensive experience working on various types of personal injury cases and can see yours through to the end.
Contact us at 786-730-7037 today to schedule a free case review.
