Everyone’s personal injury claim will have various differing facts, so no one should count on the same results. The decision is established depending upon your state’s statutes, applicable facts, and whether the plaintiff was in any way at fault.
For example, Virginia is one of the only states that still has a contributory negligence rule. Contributory negligence states only allow compensation for when the opponent was 100% at fault. Several other jurisdictions do not have this strict rule and allow compensation depending upon how much the plaintiff was to blame or not.
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In a settlement agreement, the defendant or insurer offers the complainant a certain amount of money in exchange for the plaintiff to drop any lawsuits regarding the incident bring rise to the lawsuit. Settlement agreements may be reached before a suit is filed or at any time during the course of the litigation before it is finished. Though there is a chance that you might be awarded more money if you take your case to trial, there is no certainty that you will receive more. In fact, you could receive less.
Following an injury caused by somebody else, it is common for an insurer or opponent to offer a settlement. Accepting settlement offers will enable you to obtain compensation without going through the lengthy process of a trial. In exchange, insurers or opponents will pay for an amount that is agreeable to both of you. However, if you don’t believe the amount of money suffices to compensate you, you shouldn’t agree to it.
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Though most personal injury attorneys will concur that a fair settlement deal is best for their clients over litigation, you should nevertheless make sure that your attorney will go to court if you don’t approve of an offer. Attorneys help you receive compensation and meet your goals, whereas insurance provider attempt to conserve as much money as they possibly can for the companies they’re working for.
As opposed to going to court, you could obtain a reasonable settlement offer. Sometimes settling is the more suitable option for you because it not only saves on time, but it may also save you money down the road. An experienced lawyer can review everything for you and let you know their genuine thoughts on if it is best to settle or fight in court. Everything depends on if it’s a reasonable offer, how long you will need to wait to receive the money, and whether the added expenses could actually cost you more rather than just taking the settlement.
Accident Lawyers Near Me
When you are personally injured because of another person and want to sue, our experienced attorneys at ReidGoodwin are ready to help you receive compensation. We will reach a reasonable settlement agreement or go to court for you if one cannot be agreed to. Call us today at (804) 415-7800 for a free consultation.