An unfortunate road accident can cause severe injuries and damage, leading to physical, emotional, and financial implications. You may feel the heat, even more, when the mishap is the result of the negligence of another driver. However, the silver lining is that you can claim compensation from the guilty party. You may settle the claim with their insurance company or file a lawsuit. Both options have their upsides and downsides, and choosing between them can sound complicated to a victim struggling to recover from injuries and trauma. Let us share some insights on pursuing your road accident claim with the ideal approach.
Understand the stages in a claim
Getting fair and just compensation should be the top priority for a road accident victim. Look for an amount that covers your medical treatment, rehab costs, home modifications, and damage repairs. In fact, you can even claim the costs of pain and suffering and loss of companionship in the event of debilitating injuries like traumatic brain injury and spinal cord damage. But personal injury claims entail a proper process with several stages. These include-
Settling out of court makes sense in most claims, but you may have to opt for the last stage if things do not seem to work out your way. Understanding these stages helps with clear expectations.
Know the ins and outs of the settlement
Most cases settle outside the court for good reasons. It ensures quick payments, less expense on lawyer’s fees, and low stress of court visits and unpredictability. You can resume normalcy once you get the compensation amount because it enables you to clear your bills and stay afloat amid wage cuts. Despite these advantages, a lowball offer is a primary concern for victims looking for a settlement. The best piece of advice is to hire expert road accident solicitors to handle the negotiations on your behalf. They are in a better place to deal with the insurance company’s legal team and calculate the compensation value you deserve. Also, you must wait a bit before settling because underlying injuries may surface over a few weeks after the mishaps.
Have valid reasons to file a lawsuit
Although out-of-court settlements make an ideal solution for accident victims, they may not always work. A lawsuit is the only way to get optimal compensation when you cannot reach a compromise with the insurance company. Your lawyer is the best person to decide when you have a valid reason to file a lawsuit. They ensure you have robust evidence to establish your claim, as the opposite party will do its best to show your negligence in the mishap. But a seasoned lawyer can get a favorable verdict and maximum compensation to cover your damages and losses.
Choosing between a settlement and a claim can get tricky for road accident victims when the compensation value is not good enough. You can bring a legal expert on board to show the way and get the best possible outcome.