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A personal injury suit allows you to collect compensation from liable parties when you’ve been hurt due to their careless, reckless, or malicious actions. However, approximately 95% of these claims are resolved in a settlement instead of the courtroom. This process frequently requires extensive negotiation, so knowing when to accept a counteroffer can be instrumental in collecting a fair award for your damages.

The Severity of the Damages

Whether you should accept an offer depends on a variety of factors, including the severity of your injuries and whether liability in your case is clear. For instance, if you haven’t been seriously injured and have already fully recovered, the extent of your losses may be relatively easy to calculate. If the insurer’s settlement offer sufficiently covers your medical expenses and lost wages, your attorney may recommend accepting it.

personal injuryHowever, if you have been seriously hurt and require long-term medical treatment, accurately valuing your claim becomes more difficult. In these instances, your lawyer may recommend pursuing a higher award to cover those costs, as well as any future income you will lose as a result of your injuries.

Proving Personal Injury Responsibility

The amount you can collect in an injury claim also depends a great deal on your ability to prove that the insurance company is wholly responsible for your losses. If the circumstances surrounding your accident are unclear, you’ve made statements that can be used against you, or the insurer can build a convincing case that they’re not completely liable, your attorney may suggest accepting a lower offer, regardless of the extent of your injuries. 

 

Since 1949, Miraldi & Barrett Co.has been providing aggressive, highly- effective legal representation to accident victims throughout Lorain County. Both principal attorneys at this widely respected firm have been named Ohio Super Lawyers for six consecutive years, based on their unsurpassed legal skill and dedication to their clients. Visit their website to learn more about their personal injury services, follow their Facebook for more legal tips, or call (440) 233-1100 to schedule a consultation today.

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