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How to avoid a low settlement

On Behalf of | Jan 25, 2021 | Personal Injury |

If you have been injured as a result of the negligence of another, it is important to secure the most money possible for your claim. However, defendants often wish to pay as little as possible to resolve a matter. There are several things that residents of Maryland and elsewhere should keep in mind in order to receive the biggest settlement possible for their personal injury claim.

Don’t settle early

The earlier you settle a personal injury claim, the lower the settlement offer will be. Defendants often expect a premium for settling early and usually offer a smaller sum of money to settle a claim early on in the resolution process. As a result, parties hoping to secure more money for their claim should be patient and wait to be offered more money for their claim.

Hire a lawyer

Defendants are far more likely to offer lower sums of money to settle a claim if a party is not represented by an attorney. This is because a defendant may think that an unrepresented party does not wish to secure their rights and go the distance by hiring counsel. As a result, everyone hoping to secure as much money as possible for their claim should hire an experienced personal injury attorney.

Medical treatment

In order to boost the value of your claim, it is critical to attend all medical appointments for which you are prescribed. Defendants often look at medical records to evaluate a claim, and documented medical treatment is important to increasing the value of a claim.

Preserve evidence

Parties should keep all photographs, videos and other evidence they may have related to their personal injury claim. Such evidence might convince a defendant to offer more money to settle a claim. An experienced personal injury attorney may help you use such evidence to secure a larger settlement.