Factors that Influence Settlement

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You (or a loved one) has been injured in an accident that wasn’t your fault. You’ve spent hours on the line with insurance adjusters from both your company and the other guy’s. You’re exhausted and frustrated, especially with your own insurance company — aren’t they supposed to be on your side? Sadly, that is generally not the case, as the insurance company’s bottom line is often more important than the rising cost of your medical expenses, lost wages, and associated financial damages. Fortunately, when you hire an experienced Los Angeles personal injury lawyer to negotiate your injury claim, you can take most of the seemingly wasted time and energy out of dealing with the insurance company and get to the issue at hand — your potential financial recovery.

What to Expect During Settlement Negotiations
If you were injured in a car accident, for example, your Los Angeles auto accident lawyer will work with the insurance adjuster on your behalf. You want to retain an attorney who will fight aggressively for your legal rights and financial recovery while focus on taking care of your physical and emotional injuries. There seems to be an overwhelming number of personal injury lawyers to choose from, but you want and deserve the best. Read this list of what to look for when hiring a car accident lawyer in Los Angeles.

Next, you may wonder how long it will take your case to settle — and for you to receive your money — once your lawyer makes a settlement demand. Unfortunately, there is no one-size-fits-all answer as the timing of settlement will vary on a variety of factors. Settlement can take weeks, months or even longer.

Factors That Impact Settlement
While no attorney can guarantee that your case will settle and/or settle for a certain amount of money, he can share with you a variety of factors that influence the insurance company’s decision to settle and for how much. These potential settlement factors include:

  • How well you documented your injuries;
  • The extent of your injuries;
  • Insurance company policy;
  • Who was at fault for your injuries;
  • Economic factors;
  • Reasonableness of your demands.

This list is not exhaustive. To discuss your potential for financial recovery after being injured in a car accident or other type of accident, contact the aggressive trial lawyers at BIKLAW today.

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