Important Personal Injury Settlement Information (Must Watch Before You Settle Your injury Claim)

Published Categorized as Journal

If you’re considering making a personal injury claim after an accident caused by someone else’s negligence, you probably want to know how much money you can expect to receive in compensation for your medical bills, lost wages and pain and suffering.

96% of personal injury claims result in a settlement. That means an out of court payment to the victim for their injuries and damages. If the case does go to trial, the verdict amount is unpredictable as juries can award any amount they deem appropriate in their minds.

The extent of your injuries will have the most impact on how much you can expect to receive for your personal injury claim. The more serious your injuries, the more likely it is that you’ve had substantial medical expenses, lost income, and other damages.

More severe injuries typically result in higher settlement offers and verdicts. Insurance policy limits can restrict settlement offers from the insurance company. Insurance companies don’t offer a settlement that’s over their policy limits as their insured’s coverage does not allow them to pay more than was purchased.

Having a personal injury lawyer to work for you and your claim makes it much more likely that you’ll get compensation for your damages. Statistics show that clients who hire a lawyer receive 3 1/2 times more money than a individual who does not hire a lawyer. Lawyers will work to negotiate a larger settlement and advise their clients reject a first offer from the insurance company.

When it comes to getting the most out of your personal injury claim, retaining a personal injury lawyer to stand up for your rights and fight for the best result is the preferred method. Put your case in the hands of an attorney rather than leave thousands of dollars on the negotiating table. If you’re thinking about making a personal injury claim, the first step should be sitting down and discussing your accident with an experienced attorney today.

Law Offices of Randolph Rice
1301 York Rd #200
Lutherville, MD 21093
Phone: (410) 929-8241
Fax: (410) 288-2988
Toll Free: 800-470-7423
Email: [email protected]

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