Accidents of any kind, whether it’s a slip and fall or a motor vehicle accident, can be a traumatic experience.
It’s only natural that you would want to resolve the issue as quickly as possible so you can get on with your life.
Be careful when it comes to insurance companies; accepting a quick settlement offer could cost you big time. Think about it – an injury that seems minor at first could turn out to be very serious down the road. In case you didn’t know, if you’ve already settled your claim for a small amount of money, there is nothing you can do about getting more money later on. You must simply pay the additional medical expenses yourself.
The best course of action is to wait and see how your injuries are going to affect you before you agree on any settlement. At that time, you will know how much your claim is worth.
It is advantageous for an insurance company to try and settle claims quickly. The sooner they deal with you, the less they’ll have to pay because they won’t have to compensate you for future medical treatments you receive or your pain and suffering after the settlement has been reached.
Once you settle a claim, you cannot go back and reopen it. When you cash that settlement check, you’re agreeing to release the insurance company from any future claims related to your accident. So, before you accept any offer from an insurance company, it is in your best interests to speak with an experienced New Jersey personal injury attorney who can evaluate your claim and determine whether the offer is fair.
Contact the personal injury law office of Maggiano, DiGirolamo & Lizzi, located in Ft Lee, New Jersey and New York City. Or visit us online at www.maggianolaw.com/contact and speak to one of our attorneys.
We can advise you on the appropriate amount of time to wait in order to evaluate the full extent of your injuries