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Should you accept a low offer or take your injury case to trial?

On Behalf of | Jan 1, 2023 | Catastrophic Injury

As you might imagine, motor vehicle accidents are a top cause of severe injury and death. Due to their size and weight, collisions with large commercial trucks often lead to catastrophic harm like brain or spine damage, disfigurement and permanent disability.

You probably expect the involved insurance companies to compensate you for your injuries after a collision. Unfortunately, some victims do not obtain enough from an accident claim to cover even the most basic medical care.

Pros and cons of accepting a lowball offer

Insurance companies have a reputation for offering much less of a settlement than injured victims are due. They assume (often correctly) that the harmed parties will take the offer, ending their claim. Three disadvantages of taking the first or subsequent low offers include:

1. Getting much less compensation than you deserve

2. Not getting enough to cover immediate treatment costs

3. Insufficient money for future treatment you may require

There are very few advantages to accepting an offer that seems too low. Remember, you may refuse low settlements and negotiate further with insurance companies.

Pros and cons of taking the case to trial

The decision to pursue litigation after an accident requires careful consideration. Two potential drawbacks include the possibility of losing the case and the time and effort it takes to see it through.

However, the potential advantages often outweigh the downsides of litigation for many victims. For example, a lawsuit helps you hold the at-fault parties accountable and could yield more compensation than settling the claim.

Seek counsel

Consider consulting with a legal professional to determine your next steps after a truck accident. This can help you determine the most beneficial option (litigating, negotiating or settling) for you.