What if you have a personal injury claim and you are not willing to let it proceed to many years to come before settlement? You may at a point where you just want the case settled without taking much of your time even if it means less money. The answer is simple because you can. As an overall rule, you can quickly settle any personal injury claim as long as you are willing to take less money home. The question comes to play because you don’t know how much money you may be throwing away. In this piece, we will carefully analyze to understand why settlement may take longer than normal we will also know why you must engage your mind to decide between taking the settlement quickly.
Why it Takes Long
The first thing you must understand is the reasons why certain personal injury cases take too long before they are settled. There are three reasons why most personal injury cases lag slowly.
• The case involves a lot of money
• There are factual or legal problems associated with the case
• You may not have reached appoint where the injuries are not medically fit for improvement
If your cases are associated with such situations, you better accept the bad news because your case will delay unless you are willing to take less money to have it settled.
There are Problems with the Injury Claim
What are some of these problems we may be talking about? Consolidated liability is what determines the value of a case. This means who was at fault for the occurrence of the injury. Moreover, de depth of the injury also affects the case. If it is hard to prove who was liable for the case (for instance, defective product claims involve difficult issues in liability), then the insurer may not make reasonable settlements until the plaintiff’s attorney has hired liability experts and put the case at ease to show that the defendant caused the problem. If the case has some legal issues, then the insurer may not be more likely to make an offer until the judge has ruled it out.
On the contrary, damages may also have issues. For instance, the treatment doctors may be unsure that the negligence that caused the plaintiff’s injury is on the defendant. It is upon you to prove that the defendant had a take on the occurrence of the injury. The insurer may not make a reasonable payment if the doctors are also unsure of this until the doctor testifies that the defendant caused the injury.
The Case Involves Money
If the case involves large damages, it will often delay. Until they complete their due diligence, most insurers don’t rash paying big money for damages to the plaintiff. For the insurers, due diligence is important to investigate all aspects of the damages and liabilities that surround the case. The insurer will also not be prepared to get down for less money until they are convinced that:
• They can’t attack your credibility
• Your injuries are as severe as your injury claims
• They don’t have enough defense for the case
Sometimes, insurers often delay the case for a long time so that the plaintiff will give up to accept less cash. Most badly injured people want quick money to settle their bills. Insurers are aware of this.
You are not at Maximum Medical Improvement
If you are still treating your injuries, you will get your compensation delayed. If you can wait, don’t settle the case until you are fully recovered. Maximum medical improvement means you are as good as you are ready to get. The reason why you must wait until you are fully recovered is to allow your lawyer evaluate your damages. It will be unclear if you will fully recover or not if you are still under treatment. Your case increases value when you are fully recovered.
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