Settling your personal injury case isn’t a decision you should rush. While it may be tempting to accept the first settlement offer that comes your way and move on, you may put yourself in a difficult situation if you settle for less or your injuries worsen.
On the other hand, waiting too long may lead to lost evidence or legal complications that could harm your interests. Striking the right balance between moving forward and waiting for the right moment is key.
Healing takes time
It can take months or even longer for some injuries to heal or reveal their full impact. As such, you do not want to settle your case before understanding the full extent of your injuries. You might be left without the necessary support to cover additional care.
Let your medical treatment guide you. Have you completed all necessary treatments? Is there further healing or recovery expected? Are there lingering symptoms or potential complications? If your answer to either of these questions is no, it may be too soon to settle.
Build a strong case
Your damages aren’t just about medical bills. They may also include lost wages, diminished earning capacity, pain and suffering. The more time you take to gather evidence of these and other damages, the better positioned you are to negotiate a fair settlement.
Beware of legal deadlines
All personal injury claims are subject to the statute of limitations – the time you have to take legal action against the negligent party. You have two years in California. Keep this deadline in mind as failing to settle your case within this period could limit your options of receiving the compensation you are entitled to.
Legal guidance is invaluable during such times of uncertainty. Having someone in your corner fighting for your best interests can help you settle your case at the right time and for the right amount as you focus on your recovery.