Discover Three Reasons Not to Sign a Settlement Agreement After an Accident
When a person is injured in a car accident (or other type of accident), the insurance company of the at-fault party may offer a settlement to the victim. It may seem like a good idea to take this settlement. The insurance adjuster may act as though it is a good deal for the victim. The truth is that they should never sign this agreement until they have talked to a personal injury attorney.
Read on to discover three reasons that it is always worth it to talk to an attorney before signing a settlement agreement. If you have been injured, contact Law Offices of Fernando D. Vargas at 877-982-0707 for a free legal consultation.
- The Settlement Offer May Not Cover Your Long-Term Expenses
- You Will Not Be Able to Seek Additional Compensation from the Party
- You Need a Second Opinion
It is a common tactic of insurance adjusters to offer to pay past medical bills and lost wages. They may also offer to cover your property damage and even a rental car. While it may sound like this covers all of your expenses, it does not.
Is your injury 100% healed or will you require additional medical care? Will you need to see the doctor? Will you need to take time off to do so? Does the settlement cover your pain and suffering? These are just some of the questions your personal injury attorney will consider before determining a reasonable settlement for your case.
If you accept the initial settlement from the insurance company, you will have to sign away your right to further legal action with them. If there were several people at fault for the accident, you may still have the right to legal action against others but you do not want to sign away any rights until you have had an attorney assess your case.
If you get an offer from an insurance company and it seems like more than your damages were, then you can bet the insurance company knows there is a weak link on their side. At Law Offices of Fernando D. Vargas all we want is for our clients to get the compensation that is owed to them for their damages. It is always important to have an attorney look over the settlement to ensure you are getting a fair deal.
The good news is that you do not have to make a large investment just to find out what the settlement is fair. In fact, when you contact Law Offices of Fernando D. Vargas at 877-982-0707, we will begin with a free legal consultation. We will go over the facts of the case and what you are being offered to determine if it is indeed the best you can do. If we decide that the case is worth fighting, we will take it on a contingency basis that ensures you do not owe us a penny until we have won your case for you.