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Should I accept a settlement offer after a car accident?

Even a minor car accident can cause significant financial damage, and you may find yourself dealing with significant burdens that you cannot manage alone. If your car accident was not your fault, but happened as the result of the negligent or reckless actions of another driver, you may have the option to seek financial compensation for your losses.

In some cases, California car accident victims may receive settlement offers from representatives of the liable party. While it can be tempting to simply accept the money and move on with your life, these offers often do not leave you with what you need and deserve. Before you accept, you would be wise to fully understand the damages to which you have a rightful claim.

The types of damages you may be able to claim

Any settlement offer should not only accurately represent your financial losses, but also recognize the significant emotional and mental duress that you experienced as the result of your accident. The damages that you may pursue will depend on the specific details of your individual case, but you may be able to claim damages related to the following:

  • Physical disfigurement and disability
  • Emotional duress
  • Pain and suffering
  • Mental anguish
  • Potentially shortened lifespan
  • Loss of companionship
  • Loss of enjoyment of life
  • Loss of reputation

Of course, you have the right to pursue damages related to specific financial losses, such as car repairs, loss of income from having to miss work and more. If you are considering accepting a settlement offer after a car accident, you would be wise to consider how the offer will allow you to recover from all of your accident related losses. It is also beneficial to consider your potential future needs, such as additional surgeries and rehabilitation costs.

How do you know how much you deserve?

It can be difficult to determine how much you may need to recover from your car accident. A settlement offer may seem like the most reasonable course of action, but in reality, it is not always the best option. One of the most practical ways you can protect your interests after a car accident is to seek the qualified assistance of an experienced personal injury attorney.

Accurately estimating the damages to which you have a rightful claim can be complex, but your legal ally can identify the most appropriate course of action for your individual situation. Whether through a negotiated settlement or through a personal injury lawsuit, you have the right to fight for a full and fair recovery after an accident.

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