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When Is Settling a Claim in Your Best Interest?

When Is Settling a Claim in Your Best Interest?

When trying to receive compensation after a personal injury, you probably think your main goal is to win. However, in many cases, settling can be your best bet to receiving the most significant cash settlement versus nothing at all.

If there’s a chance you may receive nothing at all, or the discussions could extend over the course of several years and delay financial compensation, it may be in your best interest to settle your claim.

When Should I Settle A Personal Injury Claim?

In most cases, an insurance company will negotiate with you and your legal team and make a settlement offer that mostly or entirely meets your financial needs. If the insurance company makes an offer to compensate for your injuries, lost wages, and any damages to property, it’s in your best interest to settle.

If you wait and try to fight it in court, you may end up with a smaller settlement than the insurance company initially offered.

Particularly in North Carolina, which enforces contributory negligence, where if your actions helped cause the injury or accident, a court might find you are entitled to no damages.

What Are The Pros Of Settling A Claim?

Settling a claim can provide you with a few critical benefits. First, you likely will receive your settlement money sooner than if you went to trial. If you have expensive medical bills or are out of work because of your injuries, having access to that money more shortly will be helpful.

When you settle a claim, your legal fees will also likely be lower, and you will avoid the long-drawn-out commitment of a trial.

Even if the insurance company offers an amount slightly below what you hoped it could be, receiving the money sooner may greatly benefit you.

What Should I Do If I Need To File A Personal Injury Claim?

If you suffered a personal injury in a car accident, work accident, or another incident with a third party, reach out to Hyland & Padilla immediately. Employing an experienced worker’s compensation attorney to help you negotiate with the insurance company can help you receive the most significant claim possible.

Our firm offers free consultations to help you get your case started right. We can advise you when it’s best to settle and when heading to trial would benefit you.

  • Con el abogado John Padilla tengo una muy buena representacion legal, me a representado en 2 casos, es muy serio, entregado en su trabajo y muy responsable, ve siempre el mejor bienestar del cliente con excelentes resultados.... Excelente Abogado lo recomiendo

  • ANDREA MCRAE
    ANDREA MCRAE
    2020-04-14
    Google

    Hello I am a client of Ms Andrea Fowler. She has handled many cases for me from car accidents and personal injuries. She handled these cases with accuracy and professional. She GETS THE JOB DONE!! I would recommend her to anybody. I am very happy with the way she handle my cases. SHE IS AWESOME!!!!!!! And also her team of professionals. THANK YOU FOR EVERYTHING YOU'VE DONE FOR ME AND MY FAMILY!!! You GUYS ARE THE BEST!!! MRS. ANDREA MCRAE

  • Julio
    Julio
    2019-05-22
    Google

    Tuve un accidente automovilístico al contactarme con los abogados de Hyland y Padilla, pude obtener las respuestas que necesitaba y ganar mi caso, para cubrir mis facturas médicas completamente junto con los fondos adicionales recibidos por dolores y sufrimientos de compensación. Recomendaría a Hyland y Padilla a cualquier amigo o colega.

  • Juanita
    Juanita
    2019-05-22
    Google

    Me lastimé en el trabajo y me puse en contacto con los abogados de Hyland y Padilla. Pude hablar con un abogado en vivo de inmediato y me ayudaron a ganar mi caso.

  • Michelle
    Michelle
    2019-05-22
    Google

    Hace poco tuve problemas legales y llamé a un abogado de Hyland y Padilla. Afortunadamente, podrían ayudarme y me siento confiado en recomendarlos a cualquier persona que necesite ayuda legal.

  • Juan S.
    Juan S.
    2019-05-03
    Google

    Los abogados de Hyland & Padilla me ayudaron a recuperarme de mi accidente en 2017. Me caí al trabajo, me rompí la pierna izquierda y no pude trabajar. Andrea me ayudó con los tribunales y consiguió dinero para mi lesión. Ahora no tengo que elegir entre pagar las facturas y recuperarme de una pierna fracturada.

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