If you’ve been in a car accident, it is likely that you have two options: go to court or settle out of court. While going to court may gain you a larger amount of compensation, it is also expensive, time-consuming, and can be stressful. Settling out of court can still gain a fair settlement amount, and often is less costly and emotionally taxing than litigation.
The Benefits of Settling Out of Court
While it is possible that a jury will award you a greater amount of damages, you will also have to pay far more in attorney fees. If you lose your court case, you will also be unable to pursue compensation. It can be a gamble to take your case to court, and by the time you are finished paying your court fees and legal fees, you may end up with a similar amount to what your settlement would have been.
Settling out of court requires some negotiation, so it is best to enlist the assistance of an attorney. It requires far less legal representation than litigation, however. Your lawyer will help you gather the documentation you need, submit your claim, and handle the negotiation talks with the insurance company. They can also help you determine if your settlement offer is fair, and whether you should accept.
The outcome of a settlement is easier to predict than the outcome of litigation. Because the discussion is between you or your attorney and the insurance company, there are fewer people involved to influence the outcome. In litigation, there will be a judge, and it is also possible that there will be a jury involved to decide the outcome of your case. By eliminating third parties, your settlement can be easier to predict and easier to judge if it is fair.
Settlements also can keep your case private. If you chose to go to court with your claim, the details of your case will become public record, and can be accessed by anyone with an interest to do so. If you prefer to keep the nature of your accident and injuries private, a settlement is far better for your needs.
A dedicated Clearwater car accident lawyer can help you settle your claim out of court. Attorney Bryan Caulfield understands the stress and uncertainty you may be facing after your accident. He is dedicated to providing personalized, compassionate legal representation to fight for your right to compensation.
Contact his offices today to request a free case evaluation. Call (727) 308-6060 and ask for Bryan.