If you were recently injured in an accident that was not your fault, and you have decided to make a claim against the at fault party, you may feel confident knowing that the vast majority of personal injury cases settle. Continue reading to learn the top four reasons why, and the best way to get started on your personal injury claim.
Insurance Company Settlements
When insurance companies are involved in an accident claim, and they usually are, settlements are offered almost every time. The reason why this is a fact has to do with the reason why most personal injury cases are settled. Insurance companies typically offer settlements because they have the financial means to pay out remuneration; in fact, they generally expect to pay out a certain amount of compensation for liability claims. Furthermore, they are “risk averse”, meaning they’ll do what it takes to avoid losing control over … Read More