Discussing Claims, Compensation And Litigation With Personal Injury Lawyer In Lindsay
You are injured in an accident. The liability of the accident is on another person. It was that other person's negligence due to which the accident occurred. In this scenario you are supposed to get compensated by the at-fault party. A personal injury lawyer in Lindsay says the compensation may work itself out in either of the two ways.
• Go through (at least initiate) a civil lawsuit process to recover compensation
However, the injury lawyer in Lindsay further adds that the lawsuit is more likely to cost you more money than a settlement. As such the vast majority of cases related to personal injury are sort of amicably settled much before the stage of a trial. Even a larger number of cases are settled even before a plaintiff files a lawsuit.
Personal injury settlements - a clear and correct understanding
A settlement takes place in this type of cases only when an insurance adjuster or a defendant makes a payment offer to the accident victim, injured person or plaintiff. A defendant is the at-fault person or organisation who is liable for the accident. When a personal injury settlement can be made? A leading Personal Injury Lawyer in Lindsay says it may occur any time.
• Once a court case is filed and the trial has started (however final verdict has not been declared).
• In many cases a settlement is reached even after the trial has ended. According to the injury lawyer in Lindsay, in such cases the jury purposefully withheld the final verdict knowing the either party or both the parties are trying to reach a settlement.
Personal injury settlements and role of insurance companies
Usually, settlements are offered in personal injury cases when insurance companies get involved. And as such insurance providers do get involved in the vast majority of these cases. Insurance companies hold on to assets to pay out claims. Furthermore, as a part of their business model, insurers look forward to paying out a certain number of claims every year, explains a competent Personal Injury Lawyer in Lindsay.