It is reasonable to desire to maximize your damage settlement after sustaining a catastrophic injury in an accident caused by someone else. This settlement effectively symbolizes your ability to resume your life after being out of work, pay your medical bills, and otherwise move on.
Fortunately, you have various options for increasing the value of your personal injury settlement. Here’s where to begin:
- Seek medical attention right away.
If you want to get the most out of your injury settlement, you must immediately seek medical attention. Documenting your injuries is crucial at this phase since it will demonstrate that the collision caused them directly. If you wait, the defense may challenge the cause of your ailments.
- Disregard lowball offers.
Insurance companies are notorious for poor initial offers. Accepting an insurance offer is optional. The insurance company provides lowball amounts since it won’t pay the total claim. Doing so would cost money.
Only accept an insurance company’s offer after consulting a lawyer to maximize your claim. Personal injury lawyers can negotiate on your behalf to avoid being exploited.
- Maintain copies of your work records.
Keeping copies of your job records is another way to optimize your injury claim. You can regain the total money you lost due to your inability to work in this method. Furthermore, information may aid in establishing your right to a loss of potential future earnings. Contributions to your 401(k), salary raises, bonuses, and other perks may be included.
- Don’t put all your trust in the insurance company.
Unfortunately, relying on insurance is a typical mistake. Insurance companies lose money on claims. They benefit from limiting remuneration as much as possible. Never expect the insurance company to help you maximize your claim. Instead, let your attorney negotiate with the insurance company to protect your claim.
- Always think about future damages.
Maximizing your injury settlement also entails assessing how your injuries may affect your life in the future. Minor injuries can affect your life for years. Your attorney will analyze your doctor’s notes to assess your prognosis and treatment. So, you can be paid for this prospective loss in advance.
The above are important factors to consider for a maximum personal injury settlement. But you must avoid social media. Prevent the guilty party from ruining your reputation by staying off social media, not discussing your accident or injuries online, and keeping a low profile following the accident.
Contact an experienced personal injury settlement lawyer now if you need help increasing the value of your accident settlement but need help knowing where to start.