Car accident victims are often left with bills for their medical treatments, along with the cost of repairing or replacing their vehicle. In many cases, this financial strain is compounded by being unable to work because of their injury. By settling with an insurance company, an injured person could receive some monetary help. However, if you are injured in a Florida car accident, a way to increase a settlement offer is to file a personal injury lawsuit. Prosper Shaked is a car accident attorney who represents victims of car crashes. Below, we discuss how to calculate and increase your accident settlement.
Can a Car Accident Victim Receive More Money Through an Insurance Settlement or a Personal Injury Lawsuit?
Insurance settlements are a method to recover some of your financial losses after a car accident. By accepting an offer from an insurance company, you are saving the time, expense, and risk of taking your case to trial. Unfortunately, you are also limiting the amount of compensation you could receive. In many instances, an insurance provider will offer a quick settlement in the hope that an injured person accepts it. By taking the offer, you are typically freeing the insurance company from further liability. Once an offer is accepted, an injured person is not able to seek additional damages, no matter the state of their health or medical condition.
Insurance companies have attorneys working for them, and you should have our car accident attorney working for you. Without understanding what damages are available or what your claim is actually worth, you might accept an offer that is substantially lower than it should be. If you are struggling with physically recovering from an injury, you do not want the added burden of personally dealing with an insurance company.
How Can I Increase the Damages Available in a Florida Personal Injury Lawsuit from a Car Accident?
You are entitled to seek compensation for a wide variety of damages if you were injured through the negligent conduct of another party. This is important to understand when determining whether an insurance settlement offer is fair. You will want to receive enough compensation to sufficiently cover your medical expenses and other costs.
In most situations, you can recover substantially more through a personal injury lawsuit. A victim of a car accident can recover for their past and their future medical expenses. If you accept a settlement in the early weeks after a car crash, likely, you will not fully know the extent of your injuries. It is not uncommon for the full impact of injuries suffered in a car accident to be diagnosed until months after the incident. You want to ensure that you are completely compensated for any potential medical complications.
In addition to your financial losses, noneconomic damages are available. An award for pain and suffering is often a substantial portion of the total compensation awarded in a personal injury lawsuit. Our car accident attorney will calculate the amount of noneconomic damages you deserve based on the facts surrounding your case.
Insurance companies will usually limit what you receive for pain and suffering – if they consider it at all. In a personal injury case, Prosper Shaked will seek full compensation for all your damages.
Using Our Florida Car Accident Attorney to Calculate and Increase Your Damages
There are different methods to calculate damages after a car accident. While it might seem easy to collect receipts and bills to determine your financial losses, an insurance company will not always do that. Additionally, an insurance company will not always consider the long-term impacts of an injury. If you are unable to work because of the harm you suffered, you want to recover for the income you would have earned. Our attorney is working for you and has a legal obligation to put your interests first. An insurance adjuster is working for the insurance company, and their job is to limit the amount the company is required to pay.
The disparity in calculation methods is more pronounced where compensation for pain and suffering is concerned. Our law office will quantify the damages based on how the injury is affecting you. No two individuals are the same. Even if the injury is the same, the impact could be significantly different. If an insurance company factors pain and suffering into their equation at all, it is usually done through a formula that does not reflect your actual suffering.
In some situations, the settlement offer might be your best option. If the evidence available or the facts surrounding the accident are not in your favor, then taking your case to court could be too risky. Our car accident attorney has your best interests in mind and will advise you accordingly. The goal of every person at Prosper Shaked Accident Injury Attorneys PA is to get you the highest amount of compensation possible. In many cases, that does mean taking your case to trial. In others, it means accepting an insurance company’s offer.
A Car Accident Attorney Can Help Guide You Regarding Any Settlement Amounts
Car accidents often leave victims facing mountains of medical costs, months of treatment or physical therapy, and the loss of income. When an insurance company makes a settlement offer, it might appear to be a much needed financial windfall. However, it is rarely as much as you deserve or need. Prosper Shaked is a car accident attorney dedicated to helping people injured in car crashes get the compensation they deserve. You should not accept a settlement offer without talking with our office first. Call Prosper Shaked Accident Injury Attorneys PA at (305) 694-2676 to discuss ways to increase your settlement.