Personal Injury Settlements in Denver, CO
Up to 95 percent of personal injury claims are settled out of court. That is why it is a good idea to understand how the Denver personal injury settlement process works.
A personal injury settlement in Denver can happen before, during, or after filing a lawsuit. Agreeing to a settlement means that you accept money in return for dropping legal action against the person who injured you. You sign a release clearing the other side of any further liability.
Before signing a Denver, CO personal injury settlement it is important to review the case with your attorney, who will realistically assess whether it is better to take the settlement or pursue the case in court. However, in the end, you are the one who decides whether or not to accept the settlement agreement.
Personal injury settlements in Denver can be quickly resolved or take quite some time for resolution. There is no way to predict how long it will take to reach a settlement agreement. At any point during the personal injury process, your lawyer can negotiate an agreement and present it to both parties for approval. But you should not even attempt negotiations until you understand the full extent of your injuries and how they may affect your quality of life in the long term. Often times the insurance companies will try to get you to settle for less because they know you are in a hurry to settle your case.
The steps in a Denver personal injury settlement
It helps to understand the steps in a Denver personal injury settlement before agreeing to settle. Here is how the process works:
- After you file a claim against the defendant, they will research your claim, obtain records and evidence, and decide on a response.
- The defendant (often the insurance company) either offers you a settlement amount or determines your claim is invalid and offers you nothing. Most of the time it will be somewhere in between.
- Then the negotiations begin. You must prove why your injuries deserve greater compensation and the defendant will try to prove that they deserve less. Hopefully with enough negotiating a compromise can be reached that works for both parties.
With all these variables, it is important to find a skilled personal injury attorney who can help you make the right decisions. Hire a trusted local firm like Bell & Pollock, PC to handle your Denver, CO personal injury settlements. Contact us today or call us at 303-795-5900 or TOLL FREE 800-559-5920 for a free consultation.
In addition visit the Bell & Pollock, PC website for free video seminars concerning commercial trucking accidents, on the job injuries and other personal injury video topics.
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