Advantages of Settlement Agreements After an Injury

When injured in an accident, whether that incident is a car crash or slip and fall event, you may come to a point where you have to make a decision whether to pursue a legal claim in court or seek an insurance settlement agreement. While going to court is the right path for some, often a settlement agreement is the best route to financial recovery.

There are numerous advantages to accepting a settlement over going to court. If you want to explore the benefits of securing a settlement after a car crash and slip and fall injury in Clearwater, Hudson, and Tampa, connect with legal counsel to guide you through the process.

Faster Resolution and Lower Costs

One of the primary reasons why many find settling with an insurance company to be the best option is because a settlement is a faster resolution. Going to court can be time consuming, the proceedings lasting several months or even years. In contrast, a legal professional can negotiate with insurance adjusters on your behalf, possibly leading to a resolution in a matter of weeks or months.

Plus, going to court isn’t always just more time consuming, the process also involves various expenses, including attorney fees, court costs, and expert witness fees. Even when people believe they have planned for these expenses they can be surprised by unexpected fees that accumulate quickly. Legal expenses can significantly diminish a person’s final compensation amount, and settling with the insurance company means you can avoid excessive legal costs.

Control Outcomes and Confidentiality

There is also the possibility of going to court leading to an outcome that you do not want. Negotiating a settlement means an injured party has more control over the outcome of the case because they are deciding when to agree to the terms. In a court dispute, the final decision rests with a judge or jury, and there may be intricacies to the harm sustained that is not fully understood by individuals making the final decision.

Privacy concerns can also be an issue as court proceedings are generally public, with the details of the case accessible to the public and media, should they pursue it. This lack of confidentiality is uncomfortable for victims who prefer to keep their personal matters private. Insurance agreements, on the other hand, can be structured to include confidentiality provisions, allowing victims to maintain their privacy and protect sensitive information.

If a faster resolution, reduced stress, lower costs, control over outcomes, and privacy sound like attractive elements to resolving your injury dispute, work with an experienced Florida personal injury lawyer who specializes in injury cases. If court is necessary to receive a full and fair recovery amount, your lawyer will let you know, otherwise they will negotiate with insurance adjusters on your behalf.

Were you injured in an accident and now want to understand your recovery options? Connect with over 100 years of combined experience, bring the details of your situation to the attorneys at Roman & Roman. Book your fee-free, no-obligation consultation today.

Although the law firm of Roman & Roman has offices in Clearwater, Hudson and Tampa, we handle cases and claims throughout  Florida. We also meet personally with our clients if at all possible, rather than impersonally over the phone or on the Internet.