Driving is one of the most common human activities, thus it is not surprising that at least once in a lifetime, every driver gets involved in a car accident, and not knowing how to handle its legal aspect is very stressful. The main dilemma victims experience is whether to accept a settlement or whether they should proceed to trial. Each option has its relative pros and cons.
Many prefer to settle because it is a quicker process with less pressure as compared to going to trial which, although sometimes provides a larger amount of money, has less predictability. This article will, in detail, discuss settling and going to trial, outlining the criteria to help you determine the best path to take.
Understanding the Settlement Process
A settlement is when the case is resolved out of court between the victim (the plaintiff) and the accused person or their insurer. Monetary consideration is paid to the victim so that the defendant will be free from future legal responsibility.
A benefit of settling is that it elicits results much faster compared to other ways through which a compensation claim can be achieved. It could last for weeks or months while a trial can take years. Settling also leads to eliminating uncertainties, where the outcome may not necessarily be in your favor.
But it is imperative that the given settlement offer be reasonable. For example, with compensation for physical harm, victims must often evaluate whether the amount received constitutes sufficient compensation for medical bills and lost wages, in addition to compensation for pain and suffering. Often, the injured person needs the best car accident lawyer—to help negotiate a better settlement amount and defend their position.
The Pros and Cons of Trial
Although the majority of car accident claims will be resolved outside the courtroom, there are those circumstances that may require heading to trial. Should the insurance company offer low compensation or even deny responsibility, a trial means the victim gets to tell his/her side to a judge and jury.
An advantage that can be associated with a trial, especially when you have the best car accident lawyer, is the possibility to receive an even higher amount of compensation. Juries can be more empathetic toward the victims, especially when the injuries or the wrong done are very heinous. Moreover, the threats of going to court can also compel the defendant or insurance company to enhance the offer before (or just after) reaching the court.
But trials come with risks as well. Trials may take time, cause anxiety and are likely to be costly. It has no predictable end even if you win, you might end up almost empty-handed. To avoid such situations, you need to analyze the possibility of getting good returns against these risks—with the help of the best car accident lawyer.
Conclusion
To sum up, settling and going to trial both have their advantages and disadvantages. Each car accident case is different and so the best thing is to learn more about your own situation. It’s always advisable to seek the services of an automobile accident attorney to advise you accordingly.