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Don’t Rush to Cash In: The Alarming Dangers of Settling Your Injury Claim Too Soon

A personal injury claim is filed due to the injuries one sustains on account of the negligence of another party. According to the law, you have the right to appropriate compensation if you can prove that you got injured due to someone else’s preventable mistakes. We are all required to take reasonable care while going about our day either as workers in a retail shop, drivers on the road, landlords of apartment buildings, and even as managers of large companies and industries, ensuring that our actions are aimed at keeping our employees, patrons and other community members safe.

Unfortunately, not everyone thinks like this, and those that don’t usually do not have a full appreciation of their wanton conduct until it is too late. Duty of care precedes all actions in a civilized society, helping create a harmonious or cohesive society.

Should this duty of care be breached via the committing of a negligent action leading to injury, the injured party has every right to file a claim to recover money damages. These damages are usually paid out as settlements or court judgments, and they are doled out after a period of negotiations with the insurance company or litigation. That said, choosing the settlement route without having a full appreciation of your injuries and their impact may upend your life and your future, however lucrative the settlement may appear.

Most injured individuals don’t have an appreciation of the long-term effects of an injury, and may end up regretting later on as to why they settled too early. This is perhaps the best possible reason why you need an experienced personal injury attorney who can take scope of your entire claim and deal with the insurance company on your behalf, as well a determined how much your claim is really worth so you are able to move forward knowing you got the best possible outcome for your claim.

Injured Anywhere in the U.S.? We’re Just a Call Away

Are you looking for the best personal injury attorney? Please call us NOW at (314) 481-63338 to learn more about your legal options for justice and compensation. The experienced injury lawyers at McCready Law possess a cumulative 90 years of experience handling personal injury claims, helping tens of thousands of injured Americans across the country. To date, we’ve recovered over $260 million for our clients, with a lot of this being five figure settlements depending on the severity of the case or level of negligence by the defendants. We serve a countrywide clientele thanks to our trusted network of referral attorneys and law firms, so you can us wherever you are at (314) 481-63338, and we will endeavor to assist you in the best possible manner.

We are not afraid to litigate claims as this is often the best route to recover maximum compensation as decreed by law; by contrast, most law firms do not have the resources nor the experience needed to litigate claims and instead opt to enter into settlement negotiations with the insurance company which ends in a paltry payout for you.

We run a bilingual firm (hablamos Español), and we take on all cases on contingency fee basis, which simply means that there are ZERO UPFRONT FEES for the duration of the processing of your claim, as we only levy our fees at the end of the suit, and only if we’ve recovered compensation on your behalf. If you got injured in a slip and fall incident, auto accident, at your apartment residences, during sports event, at work due to dangerous machinery and so on, please give us a call NOW at (314) 481-63338 to learn more about your legal options for justice and compensation – our intake team is standing by.

Why You Should Never Settle Too Early in a Personal Injury Claim

Here are some of the pertinent reasons why you should not settle too early

Incomplete Understanding of Medical Expenses

One of the major reasons why settling too early is a bad idea is due to the fact that you do not have a holistic and complete view of your condition and the related medical expenses. For instance, you may require surgery in the future, ongoing physical therapy and so on. In addition, you may develop complications of your initial injury, which may require further hospitalization and additional medical expenses.

Underestimating Lost Wages

Another reason why you should hold off settling too early is not having a full understanding of your lost wages. Calculating lost income involves taking stock of immediate loss as well as long-term impact, whereby some injuries may impact your ability to continue working at the same capacity and even position in the future, which may limit your ability to make a certain income amount. Therefore, settling prematurely may force you into financial hardships later on in life.

Waiving Future Legal Rights

Settling prematurely, which is the aim of the insurance company, may lock you out of future negotiations or litigation which can negatively impact every aspect of your life, including that of your family. It is important to note that once you tap on the screen provided by the insurance company waiving future right to seek legal action or sign on the dotted line, you will not be able to go back for more money, even if your situation takes a turn for the worse. By engaging an attorney, however, you will be able to have an extra set of experienced eyes working on your claim to ensure you are not being taken advantage of by bad faith insurance adjusters and companies.

Best Countrywide Injury Attorneys – Call Us NOW!

If you’re in the process of settling with the insurance company or are thinking about it after your injury event, STOP and CALL US NOW at (314) 481-63338 so we can help preserve your rights and access to comprehensive and complete compensation. We serve the entire country, and our initial consultation is provided 100% FREE. In addition, there is no legal obligation. Thanks for choosing McCready Law, and we look forward to serving you.