Ocala Car Accident Settlements

When deciding on whether or not to take a car accident case to court, you should take into account the various obstacles that go with the desired option you choose. When taking a case to trial, the process may take longer and you could also spend a lot of money on court fees. When settling a case, a person may need to figure out whether they are getting what they believe they deserve. A person should always speak with a professional car accident attorney before handling Ocala car accident settlements.

Reasons to go to Trial

It is ultimately the victim’s decision as to whether to settle or go to trial. If the defendant’s insurance company makes an unreasonable offer, the attorney may likely recommend filing suit against the at-fault party. As a result, in order to receive the compensation that one deserves, they are forced to file a lawsuit against the at-fault party.

Calculating a Settlement

Most Ocala car accident settlements offer pre-suit which are based on the injured party’s injuries and damages. The insurance companies may look at liability, the severity of the injury, the number of medical bills, and any lost wages or other economic damages. In Ocala, one can settle their claim at any time. However, it is important to not settle too soon and to not do so until one is finished treating. In Florida, the statute of limitations for a negligence claim is four years.

Insurance companies determine their settlement offers. However, the plaintiff ultimately makes the decision as to whether or not the settlement offer is acceptable. It is important for an injured person to look at jury verdicts of similarly-situated plaintiffs who sustained similar injuries as the plaintiff. They should also discuss settlement offers with their attorney to determine if the attorney feels that the offer is reasonable under the circumstances.

Length of Time it Takes to Receive a Settlement

Generally, most Ocala car accident settlements are made once the injured party has finished treatment. However, if there is minimal coverage, the settlement process can be expedited. It can be expedited by doing a quick time limit o demand that is sent to the at-fault party’s insurance carrier immediately after the accident.

Issues Negotiating

Some issues a person may encounter are dealing with outstanding medical bills, health insurance liens, and/or Medicare liens. Any and all liens for accident-related medical treatment must be resolved before any settlement proceeds can be disbursed to the injured party.

It is important for the injured party to seek and receive medical treatment as soon as possible after a motor vehicle accident to help determine the nature and extent of the injuries. This may help the attorney with settlement negotiations with the at-fault party’s insurance carrier and ensure that any settlement is reasonable and made in a timely manner.

Benefits of Hiring an Ocala Car Accident Attorney

In most cases, a car accident attorney may be able to recover substantially more money than an individual may be able to without having the representation of an attorney. It is important for an injured person to bring with them any and all information that may pertain to the motor vehicle accident. This includes accident reports, pictures of the accident scene or injuries, medical records and bills, and any other documentation of the claim. This helps the attorney understand the full scope of the accident, which may benefit you when dealing with Ocala car accident settlements.