27 Oct 2010 @ 10:14 AM 
 

Is it true, the longer a personal injury settlement goes, the more the settlement is worth?

 

I was in a car accident back in 2005 and it cause me to have a lot of neck and back. I did everything from physical therapy to MRIs. So I just wanted to get a little advice from other people who went through with some sort injury. I have a court coming up soon. I just wanted to know if there is something to look forward to.

Nope not even remotely true.

The value of a claim is based on the merits of the claim – not the time it takes to settle it.

Sometimes claims go to trial several years after an accident and the jury comes back with a verdict of zero – zilch – nada – nothing. Some times they come back with a verdict of less than the medical bills or even $1.00 (one dollar).

And if the verdict comes back with less than the insurance company offered before trial — well sucks to be you but when you rejected that offer it came off the table and the insurance company does not have to put it back ever again. Sure – your attorney can file motions and sometimes can get a judge to raise a jury verdict or appeal but there is no guarantee that’s going to work.

Sometimes a jury comes back with more than the insurance company offered – but is not a guarantee. You can get much less than was offered and even nothing.

If you have court coming up that means you have a lawyer. You are going to be paying your lawyer 1/3 –1/2 + expenses. You are going to be paying your attorney a very very large part of any settlement you get (if you get one) – so ask him.

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Tags Categories: Injury Settlements Posted By: admin
Last Edit: 27 Oct 2010 @ 10 14 AM

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Responses to this post » (5 Total)

 
  1. Andrew E said...
    9:53 am - October 27th, 2010

    Well if you payed for those things and you win then it is likely that you will get a settlement for those, however it does not just automatically increase the longer you wait.
    References :

  2. justsayit said...
    10:14 am - October 27th, 2010

    no trust me it all up to the court or insurance companies
    References :

  3. lillianrse said...
    10:57 am - October 27th, 2010

    No, unfortunately I wish it did, because then mine would have been larger!! They will most likely call the day before you go to court and offer some type of settlement and then your lawyer will tell you it’s a good deal and if you don’t take it that you’ll get less. It’s all about not having to go to the court room itself.
    References :

  4. MSAD said...
    11:04 am - October 27th, 2010

    Nope not even remotely true.

    The value of a claim is based on the merits of the claim – not the time it takes to settle it.

    Sometimes claims go to trial several years after an accident and the jury comes back with a verdict of zero – zilch – nada – nothing. Some times they come back with a verdict of less than the medical bills or even $1.00 (one dollar).

    And if the verdict comes back with less than the insurance company offered before trial — well sucks to be you but when you rejected that offer it came off the table and the insurance company does not have to put it back ever again. Sure – your attorney can file motions and sometimes can get a judge to raise a jury verdict or appeal but there is no guarantee that’s going to work.

    Sometimes a jury comes back with more than the insurance company offered – but is not a guarantee. You can get much less than was offered and even nothing.

    If you have court coming up that means you have a lawyer. You are going to be paying your lawyer 1/3 –1/2 + expenses. You are going to be paying your attorney a very very large part of any settlement you get (if you get one) – so ask him.
    References :
    Insurance Adjuster 12 years

  5. T P said...
    11:29 am - October 27th, 2010

    No why do you think this is true? If that was the case you wouldn’t see no one take a settlement instead they would go to court to see the outcome of the jury verdict. So I think not.
    References :

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