Be Wary of These Tactics Taken to Encourage You to Settle Early
The vast majority of personal injury cases are settled out of court. Though timing varies based on case details, many of such cases are settled too soon. How is it possible to settle too soon when you sorely need funds following an injury? The St. Louis personal injury attorneys at Hoffman & Gelfman want you to understand why it may be better in the long term to to be patient.
How to Tell When It’s Too Soon
While minor injuries requiring limited treatment may settle as soon as 6-months, cases of serious injury should not be settled until the extent of injuries are known, at the point of ‘maximum medical improvement.’ Even the most seasoned lawyer cannot predict the timing and value of such cases until treatment is complete.
Bottom line: If you’re still receiving treatment for your injuries, it is NOT time to accept an offer. Debilitating nerve and other injuries may be hidden. Injuries that will require costly treatment and affect you throughout life.
Is It Possible to Wait Too Long?
Insurance companies love to delay settlements to hang onto (and earn interest from) funds. A skilled attorney will know when to avoid premature, low offers, and when insurance is intentionally dragging out the case.
Personal injury attorney pushing you to settle too fast? The St. Louis personal injury attorneys at Hoffman & Gelfman want to help you reclaim your rightful compensation. Contact us today.