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After a car accident, injured parties need compensation to cover the costs of their medical bills, lost income, property damage, and more. The injured party would go through their insurance company to obtain compensation in many situations. Insurance companies might offer you a settlement that can cover some of the expenses, but there are a few things to know before accepting it.
A fair settlement offer should consider all of your losses. However, it’s also vital to recognize the policy limits and how insurance companies use these to evaluate your claim. A fair settlement offer should look at the following:
If it’s necessary to file a lawsuit, you can seek additional compensation for your damages. Be sure to speak with a lawyer.
If you accept a settlement offer, it essentially signals the end of your claim. You may not be able to pursue further compensation if you accept the settlement offer. In many situations, if you should be able to obtain more compensation, accepting the settlement can be detrimental to your case.
Insurance adjusters want you to accept the settlement offer, no questions asked. However, it’s in your best interests to speak with your legal representative to determine if the offer is right for your situation. A lawyer can inform you if the settlement is worth accepting or if you can pursue more for your damages.
At Zimmerman & Frachtman, P.A., our Florida car accident attorneys work to help you understand your options. We want to help you through the process. Our goal is to maximize the compensation you may recover to improve your quality of life moving forward. Let us be there for you.
For your free consultation, call our firm today at 954-509-1900.
If you or someone you love has been harmed by the negligent or wrongful conduct of another, our South Florida personal injury attorneys are here to help you understand your legal options and fight for the fair recovery you deserve. In every instance, we work to recover the maximum compensation our clients are owed for their medical expenses, lost income, pain and suffering, and other losses. Throughout the process, we will remain consistently accessible to you—we even provide clients with our personal contacts so that they can always reach us with questions or concerns.
There is absolutely no cost and no obligation in speaking to a member of our team about your case. We also offer our legal services on a contingency fee basis, which means you do not owe any upfront costs when you hire our team. Instead, we only collect legal fees if we successfully secure a settlement or verdict for you.
Whether you have questions or you’re ready to get started, our legal team is ready to help. Complete our form below or call us at (954) 289-5070.
