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Personal Injury

How Do You Know if a Settlement Offer is Fair?

Posted by Trent Kelly on May 24, 2021
How Do You Know if a Settlement Offer is Fair?

When an insurance company offers you a settlement for your injury-related losses, you might have many questions, including whether the amount offered is fair. Have an Austin personal injury attorney review your offer before you accept anything.

If you have been injured in a car accident, slip and fall, or some similar type of accident, the at-fault person or entity’s insurance company might make you an offer to settle your case. However, that offer may or may not fully and fairly compensate you for your injuries. In the case of initial settlement offers, for example, insurance companies usually offer far less than what your case is truly worth. Insurance companies do this in order to see if you are in a hurry to settle your case – thereby allowing themselves to save a significant amount of money. After all, insurance companies are big businesses that do not make money by paying out large personal injury settlements to accident victims. 

If you have been injured in an accident that was someone else’s fault, it is important that you have knowledgeable legal representation in your corner throughout your entire personal injury case. The personal injury attorneys in Austin at TK Injury Lawyers, can help you determine whether a particular settlement offer is worth accepting – or if you should litigate your case in the state court system to a conclusion. 

Please give us a call today to find out more about how we could assist you with your Austin personal injury legal matter. 

Factors to Look for in a Good Settlement Offer

Accidents that result from other people’s negligence can lead to serious injuries, including head injuries, back injuries, soft tissue contusions, and broken bones. These injuries often require medical treatment, physical therapy, and sometimes a lengthy procedure – such as a surgery. 

When you are trying to determine whether to accept a settlement offer in your personal injury case, you should ask yourself the following questions:

  • Does the offer fully compensate me for all of the medical treatment that I had to undergo because of the accident?
  • Does the offer compensate me for any wages that I lost as a result of not being able to work after the accident?
  • Does the offer compensate me for everything that I went through following the accident, including mental anguish and inconvenience?
  • Does the offer compensate me for all of the pain and suffering that I had to endure following the accident?
  • Does the offer compensate me for any future medical treatment that I may need pursuant to a health care provider’s recommendation?

 

Speak with an Experienced Personal Injury Attorney in Austin Today about Your Claim

If you have been injured in an accident that was caused by someone else’s negligence, the skilled legal team at TK Injury Lawyers, will make it their priority to pursue the maximum amount of monetary compensation that is available to you in your case. We can also help you decide whether you should accept an offer, litigate the case, or take it to trial or some type of alternative dispute resolution proceeding. 

For a free legal consultation and case evaluation with a knowledgeable personal injury attorney in Austin, please call today at (512) 910-2000 or contact us online for more information.

 

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