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Should you settle for a quick settlement?

Missing days of work, not having a car, missing appointments are just a few things that can frustrate you after being in a car accident. It sucks. The process of dealing with the insurance companies can linger for so long, you’d get tired of waiting around and just settle for the first settlement that comes your way.

The insurance companies are looking to close out the claims as soon as possible. The less they pay out, the more they make in profit. They want you to settle to avoid litigation and going to court. They offer quick settlements because victims are more than likely to take them. This happens because the victim is unaware of the opportunities they have or out of fear that the only offer they will get is the first one presented. There’s many reasons why you shouldn’t accept the first offer and settle so quickly.

You shouldn’t settle your claim until you have reached the maximum medical improvement. Knowing how much all of your medical treatment cost once you are at your full recovery is essential for your personal injury case. You heal slowly, and this can prolong the settlement of the case but it is important to wait until you are finished with medical care and the doctor has cleared you.

All in all, even though it may be tempting to settle your case quickly, it is not recommended to do so. It is important to have your case reviewed by an experienced attorney. The attorney can help you explore options you may not know you have available to you. The insurance companies will try to make it seem as if you have to settle for the first offer they give you, which is not true. Refuse that offer, and get everything that belongs to you. This is the difference between getting hundreds versus getting thousands.

If you, or someone you know have been involved in an auto accident, call Your Accident Your Money at (888) 766-6398.

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