Is Accepting a Settlement After a Car Accident a Good Idea?
In a car accident case, our Ventura attorneys are prepared to settle or go to court.
A reasonable settlement offer is almost always preferable to litigating since the dollar value of a settlement is guaranteed, while any potential awards from a trial are not. Settlements may happen at an accelerated pace, giving an individual quicker access to the funds and avoiding prolonged stress. Our diligent attorneys will work to get a person a favorable settlement before going to court.
Insurers have the motivation to settle as well as they could owe much more if they go to court. Not only is the cost no longer fixed as it is with a settlement, but they also have to pay attorney fees. Insurers do not have the same time constraints as an injured person. Unlike those involved in car accidents, insurance providers have more time, and therefore can use it to their advantage to convince a person to settle the claim even if it is not in their best interest.
Insurance providers should not be allowed to bully a person into an unfavorable settlement just because the insurers have deeper pockets. That is why it is so vital for an attorney to be willing to take a case to trial.
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