If the thought of going to trial after being hurt in an auto collision is overwhelming, do not worry. Most vehicle wreck cases are resolved through settlement negotiations.
Settling a car accident case in Southampton could allow you to sidestep the time and money it takes to go through the litigation process. A hardworking local attorney could provide essential guidance to ensure you are fairly compensated for all your losses.
Considerations When Settling a Car Crash Case
It is important when negotiating a settlement offer in Southampton for the claimant to consider the long-term implications the car accident had on them. This includes the impact of a permanent disability or disfigurement, the ongoing medial treatment it may require, or diminished earnings if the accident left them unable to continue at their previous place of work.
This is because settlements often occur before the full extent of a person’s losses is known. As such, it is not uncommon for a defendant’s insurance company to make lowball offers. By working with an experienced local attorney, people negotiating a settlement for a car crash claim could avoid the mistake of accepting an unfair offer.
It is also important to consider how much time and money they want to put into getting a recovery. Litigation can be both time-consuming and expensive. Some claimants may choose to settle rather than take the case to court, even if they know they could recover more through a trial.
How Long Does It Take to Settle a Vehicle Accident Case?
The time it takes to reach a settlement agreement ultimately depends on the extent of the claimant’s losses and the willingness of the defendant’s team to make a reasonable offer. If the defendant’s insurance adjuster refuses to make a fair offer, a car wreck attorney in Southampton may suggest taking the case to trial rather than settling. However, settlement negotiations can continue even if the case is taken to court.
Once a settlement package is drafted and sent over to the insurance company, they generally have about 30 days to review it. After they review it, they will present their offer and negotiations will begin. After an amount is agreed upon, a claimant will sign a release which will be sent to the insurance company who has about 20 to 30 days to send the settlement funds.
Issues When Negotiating a Settlement
The primary issue that a claimant could face when settling a car crash claim in Southampton is the insurance company believing the value of their claim is far lower than it is. While insurers might be able to accurately quantify the financial losses, a person suffered in a car accident, they often do not take into account the human losses experienced. This includes pain and suffering, loss of consortium, disability, or decreased quality of life.
In other cases, a defendant’s team could try to put some or all of the blame onto the injured motorist. If a claimant holds some liability for the vehicle accident, their total recoverable damages can be reduced. Having an experienced legal representative could help a plaintiff avoid these complications.
Get Help Settling a Car Accident Case from a Southampton Attorney
Settling a car accident case in Southampton could be made easier with help from an accomplished attorney in the area. Insurance adjusters rarely are willing to offer up a fair settlement award right away, so it takes the skill of a seasoned lawyer to effectively negotiate a full recovery. Call today to schedule a free consultation with our hardworking team.