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What Is a Fair Settlement?

Following a crash, you might have to deal with insurance adjusters who should be there to help you during your most challenging times. Unfortunately, insurance companies often look to protect their profits over people. As such, they don’t want to help you as much as you need, and they offer settlements that are much less than you deserve.

Recognizing your case’s value can help you protect your rights. Below, we will help you identify a fair settlement. However, we also advise you to speak with a lawyer before accepting any settlement to avoid losing out on the compensation you rightfully deserve.

Does It Properly Value Your Losses?

Insurance companies may value your losses differently than you do. For instance, if you get vehicle repairs at a specific cost, insurance companies might try to claim that you overpaid and only deserve to be compensated for a portion of your losses. They might also argue that you can work with your injury and shouldn’t recover lost income for as long as you deserve.

If the settlement doesn’t value your losses as it should, don’t accept it.

Does It Factor In Pain and Suffering?

Your settlement should include pain and suffering, which are your non-economic losses. If you suffer a reduced quality of life because of your accident, the settlement offer should consider how your emotional anguish impacts it. The settlement offer should include compensation for your suffering.

Does It Improve Your Quality of Life?

The compensation you receive from a car accident claim should help you recover moving forward. You shouldn’t have to worry about financial hardships from lost wages and other damages. If your settlement doesn’t help improve your quality of life, it might not be enough for your losses.

Working with our Charleston car accident lawyers at Clawson Fargnoli Utsey, LLC is one of the most effective ways to maximize your compensation. We’ll stand by your side through the process to safeguard you from insurance adjusters who may try to take advantage of your rights. Most importantly, don’t accept any offers until you have discussed your case with a lawyer.

Call us today at (843) 408-0599, and discover how we may help you during a challenging situation.

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