Understanding Settlements for Auto Accident Claims

One of the biggest rules of thumb for litigating claims arising from auto accidents is to never accept a settlement without first consulting an experienced attorney. Settlements may be offered by the other driver’s insurance company and signing a settlement agreement with them may prohibit any additional relief in the future that the injured party would have otherwise been entitled to receive. Understanding your rights, obligations, and options after a car accident is very important to ensure you receive the compensation you deserve if you have been injured due to the negligence of another.

Auto Accident Litigation Generally

Hit and runs. Distracted driving. Excessive speeds. Auto accidents can happen to anyone at any time and there is no real way to prepare for them. If you have been hit by another vehicle, whether you think it might be your fault or not, follow these tips:

  • Do not admit fault; the other party may be found responsible
  • Provide your insurance information, but more importantly, make sure you receive the other driver’s information and take down the license plate number, make and model of the vehicle
  • Obtain the driver’s address and phone number in case you need to reach them
  • Acquire a police report, which may be useful in the future

Emotions are high after a car accident and it can be easy to forget these simple tips. If you think it may help, keep a checklist in your glove box of information you may need in the event of an accident so that you can save time and reduce stress if you find yourself in that situation.

Why Settle?

If you ultimately decide to file a lawsuit, there are two possible outcomes; you will accept a settlement with the other driver’s insurance company, or the case will go to trial and the decision will be left to the judge or jury. If you decide to take a settlement, here are just a few of the costs you need to consider; the cost of continuing litigation, the money you have paid out for medical expenses and property damage, and the money you may need to pay out in the future for repairs, long-term disability or injury care. The decision to settle is ultimately up to you. If you decide to go to trial, witnesses will be called and you may be asked questions about what happened on the day of the accident. Both settlement and trial each have their pros and cons. Understanding what is best for you is dependent on your unique situation, the circumstances of the accident, and the cooperation of the driver’s insurance company.

Boston Auto Accident Litigation Attorneys

John J. Sheehan and his experienced team of auto accident attorneys understand how scary, emotional, and financially devastating it can be to be involved in an auto accident. We strive to ensure that our clients understand their legal rights and know all of the information necessary before making any big decisions. If you or anyone you know has been injured or killed in an auto accident caused by someone else’s negligence, you may be entitled to compensation for your medical expenses, property damage, pain and suffering, and other things depending on your case. Contact our Boston offices today to learn more about filing a case and what your options are as the victim of a car accident.