Getting a Quick Settlement for a Personal Injury Case in Portland, OR
Oregon Personal Injury Law Questions and Answers
Q: Will I get a quick settlement for a personal injury case in Portland?
A: Quick settlements for a personal injury case aren’t always good. If an insurance company offers a quick settlement, they do so because they know you’re in a rush, and that you will settle for pennies on the dollar. This is a typical, manipulative move on the behalf of the insurance company, and it forces many clients and their lawyers to give up too early and for too little. Rely on patience and a good attitude during your case, and be willing to wait to obtain the full amount your injury claim is worth. Doing so may help when it comes to paying off your accident-related medical bills and other debts.
On the other hand, it is possible, on rare occasions to get the full value of your case quickly. This is rare, but it’s important to know when this may happen. Quick settlements for a personal injury case usually occur in “policy limits” cases. This means that your case is clearly worth more than the limit of the insurance polic
y of the person who injured you. For example, if the person who injured you has a policy limit of $25,000, and your injuries are clearly worth more than that, then the insurance company may pay you the $25,000 quickly. Since that is t
he most they will ever pay, taking this quick settlement for a personal injury case can be a good idea.
Watch Joshua Shulman’s video on How Long Will My Personal Injury Case Take to Settle? for more information about getting a quick settlement for personal injury case.
- How Much is My Personal Injury Case Worth?
- Using a Policy Limit Demand
- Mtor Vehicle Insurance Claim Basics
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