February 09, 2009
/24-7PressRelease/ -- Should I Settle My Auto Accident Case Or Litigate?
After the insurance company for the responsible driver has made their final offer to settle your personal injury claim, you must decide whether you should accept the offer or file suit against the responsible driver.
Reasonable Offer To Settle
No one who is given a reasonable offer by the insurance company should litigate. However, deciding whether an offer is reasonable requires a professional evaluation.
Risk-Benefit Analysis
In addition, the decision of whether to litigate requires a risk-benefit analysis, which means whether the benefit of litigation outweighs the risks.
You must evaluate the pluses and minuses of both courses of action.
Your personal injury attorney can discuss the strengths and weaknesses of your case and help you decide on a course of action, based on the following considerations:
1. Whether the amount of the offer to settle is within the range of other settlements in your geographic area.
2. The degree of risk you take in losing the litigation based upon the degree of fault of the other driver.
3. The amount you stand to gain if you win compared to the additional costs of litigation.
Resource
Martin J. Solomon is a past president of the Arizona Trial Lawyers Association, exclusively practices in Personal Injury Law, and represent clients throughout the State of Arizona.
To learn more about your personal injury claim, visit
http://www.solomonrelihan.com.
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