On Behalf of Rosenthal, Levy, Simon & Sosa | October 2, 2022 | Car Accidents
People who have been hurt in car accidents due to another driver’s negligence are entitled to bring a claim to pursue compensation for their damages. But this right is not a guarantee, which means that injured car accident victims will not automatically receive a settlement because not all car accident claims result in settlements.
In fact, liable parties and their insurance providers can and will do anything to avoid paying out fair settlements to injured victims. This is why it’s immensely crucial to seek legal advice from an FL car accident attorney to make sure that you end up with a car accident settlement that will be enough to cover all your car accident-related losses.
How is a Car Accident Settlement Reached?
The steps involved in reaching car accident settlements are usually the same, which can include:
- The Demand Letter – This is the best chance to present your claim to the liable party’s insurance provider. The demand letter must specify the facts of the crash and the details of your injuries, medical expenses, and other damages. In most cases, the amount demanded would be significantly higher than the amount that you’d be willing to receive. Essentially, this will leave room for you and your attorney to negotiate a fair amount for all parties involved.
- The Negotiation Talks – The insurance provider will respond to the demand letter with a low settlement offer. This is why you must not accept this first offer, no matter how tempting it may be. This back-and-forth discussion will continue until you and the insurer can reach a settlement amount that’s fair for everyone.
- Accepting The Settlement Offer – Once you’ve received a fair settlement offer, you must ensure that the offer is in writing and that it covers all your necessary accident-related expenses. After accepting the settlement offer, you will be required to sign a document that will prohibit you from pursuing more compensation from the insurer. If your case has already reached the court system, you must discontinue it if you want to accept the settlement. Upon signing the release or discontinuing your case, the insurer will issue your check and send it to your attorney, which normally takes several weeks.
Seek Legal Guidance From a Skilled FL Car Accident Attorney Now
The most crucial variable in getting a settlement for your car accident claim is you. Essentially, if you opt to accept a quick settlement offer, you may receive some cash, but the amount would be nowhere near the true value of your damages. The more significant your injuries and damages, the more seriously you must take the negotiations with the insurer and the entire settlement process.
Remember that you can’t ask the at-fault party’s insurer for more money or sue the liable party for more compensation if your injuries turn out to be worse than you initially thought. To find out more about your car accident case and what our FL personal injury attorney can do for you, reach out to Rosenthal, Levy, Simon & Sosa. Dial 561-478-2500 or contact us online to arrange a free case evaluation today.
Gerald A. Rosenthal
Retired
Since opening the firm now known as Rosenthal, Levy, Simon & Sosa more than 40 years ago, Gerald A. Rosenthal has been a dedicated champion of the everyday hero – police officers, firefighters, teachers, nurses, construction workers, farm workers, and more. Passionate about preserving the civil rights of laborers, he has fought tirelessly against giant insurance companies who deny the injured workers their benefits. It’s not just the lawsuit Rosenthal fights to win – he is driven by the opportunity to restore his client’s quality of life.
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