When a bicycle accident happens, most cases are resolved through settlement rather than going to trial. Settlements allow both sides to reach an agreement without the uncertainty of a courtroom. For cyclists, this process is important because it directly affects the financial support they will receive for medical bills, lost wages, and future needs. If you or a loved one were involved in an accident, call our Lake Worth, FL bicycle accident lawyer today!
Key Factors In Reaching A Settlement
Several points often come into play during negotiations. The severity of the injury is usually the starting point. Serious injuries often lead to higher medical costs and longer recovery times, which increase the value of the claim. Lost income is also considered, especially when a cyclist is out of work for an extended period. Future treatment needs, such as physical therapy or surgery, are included as well.
Insurance companies look closely at liability. If there is clear evidence that another driver caused the crash, it strengthens the case for higher compensation. An insurance company, however, will likely push for a lower settlement if it believes fault was shared. It’s not uncommon for insurance companies to engage in bad faith arguments, either, but our attorneys know how to overcome these arguments to push for maximum compensation following bicycle accidents. Many of our case results include settlements in the six and even seven figures.
The Importance Of Preparation
Going into settlement talks unprepared often leads to smaller offers. cyclists need detailed records of medical treatment, employment records that show lost income, and any documentation of pain or limitations caused by the injury. Having this information ready makes it more difficult for insurance companies to undervalue the claim.
Settlement Talks
Our attorneys understand the tactics insurance companies use to minimize payouts. A strong approach involves presenting the facts in a way that clearly shows both the financial and personal impact of the accident. We’ll also calculate both current and future costs, so the settlement reflects more than just immediate expenses. With years of combined experience and advanced legal education in personal injury law, our team knows how to negotiate.
Patience And Negotiations
Settlements can take time. While it may be tempting to accept an early offer, those offers are often lower than what the claim is worth. Waiting until medical treatment has progressed or until long-term needs are clearer usually results in a stronger settlement. This patience allows for a more accurate picture of the full financial impact of the accident, especially if catastrophic injuries are involved.
Let Our Team Help You Today
Every bicycle accident is different, which is why personalized guidance is so important. cyclists seeking help in Palm Beach County often look for local representation, and our team is ready to help. We’re proud to have many five-star ratings from satisfied clients, and we’re eager to listen to your story. Contact our team today at Warner & Fitzmartin – Personal Injury Lawyers to schedule a consultation and learn how we can help you pursue compensation!