A car accident can leave people injured and cars damaged, and the victims in an accident have the legal right to seek compensation from the guilty driver after an accident takes place. If you are in this position and want to settle your case, there are several ways to do this. One of the options is to sue the other party and settle the case in court; however, here are three benefits of settling your case outside of the courtroom.
It Will Be Faster
In most car accident cases, the two parties settle through the insurance company of the person who caused the accident. This party is referred to as the defendant in the case, and the victim is considered the plaintiff. A victim has the legal right to sue for compensation for the accident, and the defendant's insurance company is typically responsible to pay.
Insurance companies often prefer settling quickly, and there are several reasons for this. The first is that they may be able to pay less if they can get the victim to agree to an amount quickly. The other reason they like to settle quickly is simply to close the case and move on with the next one.
If you can avoid going to court for your settlement, you will certainly be able to settle faster. You should realize that you may not receive as much money if you settle quickly, but at least you would get the case settled and be able to move on with your life.
It Will Cost Less
Secondly, settling a case outside of court will cost less money for you. Going to court takes time and costs a lot. Although your lawyer might be able to seek more money through court, you will also have to pay more money.
Most personal injury lawyers that handle car accidents charge fees based on commission. This is called a contingency fee, and it is equal to a percentage of your settlement amount. The percentage varies for how much you will have to pay for personal injury legal help. But it is often at least 33 percent of the settlement amount, which means you will pay around one third of your settlement amount to your lawyer. This may seem like a lot, but lawyers are able to get a lot more money out of a car accident case than people can get on their own.
It Will Be Less Stressful
Settling outside of court is also highly beneficial if you are trying to find a way to settle that will be as stress-free as possible. Going to court is stressful and very intimidating. When you settle a case in court, you may have to take the stand and testify during the case. This may not frighten everyone, but it does scare a lot of people. Getting up in court and testifying can be very difficult and traumatic.
If you can work with a lawyer outside of court and settle with the defendant's insurance company, you can avoid all these intimidating experiences. You will still be able to seek compensation for your damages, injuries, and emotional trauma, but it will be less stressful for you. Your attorney can help you decide how to handle your case so that you can settle quickly and still receive a fair amount of compensation.
Car accidents happen every single day, and they can happen for many reasons. If you are suffering with injuries from a recent car accident, you should seek help from a personal injury law firm. A personal injury lawyer can help you settle outside of court, if possible, but can also help you if your case ends up going to court.Share