4 Factors That Determine If A Texas PI Settlement Is Fair

The majority of Texas personal injury cases are settled, but how do you know if the settlement offer you’ve received is a fair one? Unfortunately, many individuals simply accept their settlement offer without thinking twice and many times the offer is significantly lower than what is deserved.

Secure the Money You Deserve

It is important to protect yourself from an underpaid claim by knowing what to look for in a settlement offer. An insurance company takes several factors into consideration before making an offer, and your attorney at Parker Law Firm will talk over the amount with you.

When deciding whether or not to accept the offer — the decision of which is solely in your control — consider the following four factors:

  • Does it compensate you for the medical bills, treatment, and any liens that must be paid from the settlement?
  • Does it cover any lost wages, future lost wages, and /or any impairment of earnings capacity?
  • Does it compensate you for your physical pain and suffering from the injuries and any future pain and suffering?
  • Does the amount put you in the position you were in prior to the accident? This is known as “making the victim whole.”

While no dollar amount can erase the injuries and pain and suffering completely, hopefully, the settlement can help you put the accident in the past so you may move on with your life.

Getting Legal Help from a Personal Injury Lawyer

Parker Law Firm is committed to giving individuals dealing with injuries, or facing life-threatening or lifestyle-challenging situations, a voice. We can ensure that you obtain the full compensation you deserve and are prepared to fight tirelessly on your behalf.

Call us today at 817-503-9200 or fill out a Complimentary Strategy Session form to find out how we can help you in and throughout Fort Worth!

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