If you’re involved in a personal injury claim, there are two ways to settle it. Compromised resolution and trial. Below, a motorcycle accident lawyer will help you learn about settling with the insurance company and going to trial. We will explore the pros and cons of each.
This blog is for educational and informational purposes only. It is not meant to be a substitute for legal advice. If you want legal advice about your potential case, find an experienced and licensed lawyer in your area.
What Is A Personal Injury Settlement?
A personal injury settlement is a process you go through with the insurance company. You will likely attempt to settle even if you think you’ll end up going to trial. This is when the insurance company will offer you the amount of money they believe your case is worth.
Pros And Cons Of Settling
Let’s go through the pros and cons of settling as shared by our friends at Herschensohn Law Firm, PLLC.
The pros:
- Settling takes less time than going to trial.
- You may get a fair settlement offer.
The cons:
- The insurance company may try to low-ball you.
- You may sign away your right to sue.
You may need an attorney to guide you through the settlement process. They can help you put your best foot forward during settlement. They will also work to get you the compensation you deserve and not just what the insurance company is trying to offer you.
What Is A Trial?
A trial is a court hearing with a judge and sometimes with a jury. It may take one full day or more to get to the end of the trial. Most personal injury cases do not go to trial.
Trial has several stages, including discovery and testimony. If you decide to go to trial, make sure that you have a seasoned personal injury attorney on your side. They can guide you through the process.
Pros And Cons Of Trial
Let’s look at the pros and cons of going to trial.
The pros:
- The judge and possibly a jury will get to hear your side.
- You may end up with more compensation than from settling.
- You get to produce evidence.
The cons:
- Trial takes longer than settling.
- The judge and/or jury may not side with you.
- The evidence may not support your position.
It’s A Personal Choice
Initially deciding whether you want to settle or go to trial is a personal choice that may be guided by your attorney. At the end of the day, it is your injury and your case. If you do not wish to go through a long trial, you can choose to accept the settlement the insurance company is offering. However, if you feel that it is not fair — and based on your lawyer’s advice — then you can choose to pursue your case in a courtroom. Remember, it is up to you.
If you have been injured recently, contact an attorney near you for help to determine which route is the best one for your specific case.
