Pros & Cons Of Settling Your Car Accident Case

Finding yourself on the receiving end of a car accident can have far-reaching implications for your health and stability. Filing a claim is the first step towards getting the compensation you deserve, but what happens if you reach a point where you’re able to settle your case outside of court instead of taking it to court? Is your case, like many others, worth settling? What are the advantages and disadvantages of settling a car accident case out of course? If these questions are currently on your mind, let’s take a closer look at the pros and cons of settling your car accident case below.

What Are the Pros of Settling a Car Accident Case?

“Settling” is a term that doesn’t inspire a ton of confidence or indicate that you’ve won your case. That being said, there are numerous benefits to settling your car accident case instead of trying to see it through in a court of law. Here are some of the advantages worth noting as you consider your options.

• Deciding to settle allows you to wrap up your case faster. Court cases can take up an indeterminate amount of time, which is not for the faint of heart who need financial support for their claim right now. If you’re looking to expedite the process, settling might be for you.
• Cases that are settled often cost you less overall. The longer a case is dragged out, the more you generally pay in legal fees to see your case through.
• Getting in a car accident and undergoing the healing process is difficult and stressful. Going the settlement route can greatly reduce the stress you experience so that you wrap up the entire thing much faster.
• Settling produces more predictable results and guaranteed payment. When you choose to bring your case to court, you no longer have that reliable offer waiting for you, and the outcome and payment become unpredictable.

What Are the Cons of Settling a Car Accident Case?

While settling can look attractive, it’s important not to make any decisions without carefully considering both sides. Some of the disadvantages of settling a car accident case include:

• Settling may provide you with a certain amount of money you feel satisfied taking, but you may be receiving less than you deserve. This is important when it comes to paying for medical treatment you received or helping you support yourself moving forward if you’ve been disabled as a result of your accident.
• A likely tactic that’s going to be used even if you do decide to settle is dragging out the settlement process to try to get you to go for a lower amount or to make getting your money a difficult process. It’s not fair, but it happens.
• Settlements can make the process of getting money easier, but you cut off your ability to seek any further damages. This means that if you do deserve more or if you develop any further complications as a result of the injuries that you experienced because of the accident, you’ve essentially made it impossible for yourself to get the compensation that you need or deserve.
• You may not get the sense of justice that you deserve. Settling can feel like they’re giving in to the other party for some, which is a choice they may regret moving forward.

Get the Support You Need With Your Car Accident Case With Katz Injury Law

No matter which choice of action you take, you deserve the best auto accident attorney serving Philadelphia on your side to ensure that you have the proper support and advice as you navigate your case. Here at Katz Injury Law, our seasoned lawyers are ready to support you, regardless of whether you need help bringing your case to court or you’re looking for something more specific like a drunk driving accident attorney in Delaware County, PA. Contact us today to learn more.