Time to Settle a Truck Crash Claim
When you’ve been injured in a truck accident, reaching a suitable settlement can take a long time.
Maximum Medical Improvement
The extent of your injuries and the course of your medical treatment are the primary factors driving the length of time required to settle your truck accident claim. While it may be tempting to reach a settlement agreement while you are still experiencing and treating pain, doing so means that you risk significantly undervaluing your claim. Until you can approximate what the total cost of your medical treatments will be, it is impossible to accurately value your truck accident claim.
Once you have reached the point where your condition cannot be improved any further, you are considered to have achieved maximum medical improvement (MMI). At this point, your attorney can more accurately predict your future health care costs. He will also have a better understanding of probable future changes in your ability to work until retirement age, and any other economic losses you may suffer.
Insurance Company Negotiations
Insurance company negotiations are another common source of delay. While insurance companies often push victims to settle claims quickly, their tactics often change dramatically once they learn that you have hired an attorney. They will then sometimes delay your claim, hoping that you will become frustrated with the process and decide to settle.
When you’ve been injured in a truck accident, you may be tempted to settle your case quickly. However, reaching a fast settlement can prevent you from receiving the compensation you need for ongoing pain and medical treatment. Once you’ve settled your claim, you can’t reopen it later if you discover that your injuries are more severe than you had originally thought.
You Need an Attorney
Hiring an attorney may mean that your case takes longer to settle, but it also ensures that you will receive fair compensation for your injuries. To discuss your claim, contact the law offices of Steve M. Lee, P.C., by using the form on this page.