When evaluating an insurance company’s settlement offer following a car wreck, we look at numerous factors. These include but are not limited to the extent of our client’s injuries and medical treatment, medical bills, the potential for future medical treatment, whether there are any permanent injuries, lost wage damages, and many other factors.
Many insurance companies will offer an accident victim a quick settlement. However, once a settlement agreement is reached, a release is signed, closing the door to any future claims the victim may have, even if problems surface in the future. One of the most important things to do is to make sure you know the extent of your injuries before even considering settlement.
Another consideration is the amount of liability insurance available to the injury victim and whether the injured person has any other insurance available to them, such as uninsured/underinsured motorist coverage.
Finally, understanding any repayment obligations the injured person may have is important in considering a settlement. Many times, an injured person settles their claims without thinking about outstanding medical bills, Medicare or Medicaid repayment obligations, and other third-party interests.
Each case is unique and at Grady J. Flattmann, Attorneys at Law, we treat each one of our clients as individuals and carefully analyze their cases when it comes time to evaluate settlement.
Have You Been Injured In A Covington Area Car Accident?
If you've been hurt in a car accident you need to speak with an experienced car accident attorney as soon as possible. Please contact me online or call my Covington office directly at 985.590.6182 to schedule your free consultation today. I help clients throughout Louisiana including Mandeville, Slidell, Bogalusa, Franklinton, Hammond, New Orleans and Metairie.