When you get injured in a crash, it could be tempting to take an offer from an insurance company and move on. This might be a huge mistake. Your car accident claim could be worth more than you would expect, and you do not want to be stuck with a settlement that cannot cover all of your costs. This is why you may want to speak to a Corpus Christi, Texas car accident lawyer from our firm before you make any binding decisions.
What Happens If I Settle a Car Accident Claim and Need More Money Later?
The big issue with settling a car accident claim early is that you have no options if you realize that you didn’t get enough money. If you do not have a full understanding of your injuries, the recovery time you’re facing, how much work you’ll miss, or if you will be left with some kind of disability, then you may settle for less than you should.
When you settle, that’s it. You cannot turn around and ask for more. You cannot sue either. As far as the courts are concerned, you and the insurer negotiated and came to an agreement.
Why Would an Insurer Pressure Me to Settle a Car Accident Claim?
An insurer will try to pressure you to settle a car accident claim early for a reason. They have done the math and this is the least amount that they can get away with offering. Their only concern here is saving money. They are not worried about whether or not your compensation actually covers all of your expenses stemming from the accident.
Insurers are also taking advantage of the fact that most people do not retain a lawyer right away after an accident. A lawyer would be better equipped to understand if an offer is adequate. A victim might just see a check with a reasonably big number and assume that it will cover everything, but unless they know the true scope of their injuries they could end up making a big mistake here.
How Long Do I Have to Sue for Damages?
You do have some time to decide whether or not to sue for damages. Texas gives you two years from the date of the accident. This gives you more than enough time to get the medical care you need and a more accurate prognosis from your doctor and other specialists. So don’t rush into settling that car accident claim.
Schedule a Free Consultation
If you thinking about settling a car accident claim, give our personal injury lawyers some time first. Contact Sahadi Legal Group and schedule a free consultation with our team.