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Tuesday, September 10, 2024

Personal Injury Settlements: Myths vs. Reality

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A personal injury settlement is an agreement between you and the person causing the injury. Although there are several myths and realities floating around personal injury settlements; thus, getting legal advice from experts is recommended. If you’re thinking of myths and realities, we’ve got you covered. This article highlights personal injury settlement myths and realities. So, without any delay, let’s dive in!

Top 5 Personal Injury Settlements Myths

Here are some common myths about personal injury settlements:

Myth 1: The insurance company will offer only the initial compensation; thus, a personal injury lawyer is of no use.

Myth 2: In case you have an accident and suffer minor injuries only, there is no need to hire a personal injury lawyer, as you won’t get any compensation.

Myth 3: In case you go for the court trial, you will have to appear in it regularly.

Myth 4: After a personal injury or accident, you have forever to file a case and seek compensation.

Myth 5: All personal injury lawyers are bad and greedy and find ways to earn money.

Top 5 Personal Injury Settlements Reality

Here are some common personal injury settlement realities that you must know

Reality 1: The majority of personal injury cases do not go to trial, whereas they are settled outside the court with mutual consent.

Reality 2: Although the insurance company may not want to pay you fair compensation, if you have the required evidence, you will get a fair claim after two or three trials by your lawyer.

Reality 3: Your personal injury case may sometimes take a few weeks to settle down. At times, it can also take months and years to seek compensation and get a fair verdict.

Reality 4: If you’re partially responsible for the personal injury case, you will still receive the claim. However, the compensation will decrease based on the degree of your fault.

Reality 5: Hiring a personal injury lawyer is not expensive as they charge on a contingency basis, where the amount is given once the case is solved.

Wrapping Up

A personal injury settlement is generally the last step where you agree to compensation from the insurance company. A professional injury lawyer can help you seek fair compensation. This article highlights the top myths and realities about personal injury settlements.

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