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John
Sunday, 18 November 2018 / Published in Uncategorized

Why Do So Many Bicycle Accident Victims Choose to Pursue Insurance Settlements?

Personal Injury Lawyer Deer Park, TX

With so many people choosing bicycles as their primary mode of transportation, it can be expected that a fair number of accidents may result. Unfortunately, riding a bike can come with some risk, especially when sharing the road with drivers of motor vehicles.

As someone who has suffered an accident while on their bike, you’re probably wondering whether you should pursue an insurance settlement to recoup your losses, especially if you were injured. With so many unknowns and questions regarding the process, it can be easy for a victim to focus on their physical recovery and put off compensation that they may be entitled to. Consulting with an attorney is a good option when determining whether or not a victim should pursue a personal injury settlement. Here are some reasons accident victims choose to pursue insurance settlements:

Reason #1 Avoid Going to Court

The last thing most injury victims want is to be required to endure a lengthy court process. A settlement allows for an accident victim to avoid this. Most who have suffered a bike accident are looking to obtain the compensation they deserve in as timely a manner as possible. This allows for the opportunity to focus on recovery.

Reason #2 Gives You the Ability to Collect Damages

The insurance claims process can provide accident victims with compensation for damages they have suffered from the accident. Primarily, damages come in two forms: economic and non economic damages. Damages are a way of putting a monetary value to your injuries and losses. Examples of damages may include:

  • Medical Bills
  • Lost Wages
  • Pain and Suffering
  • Property Damage

Reason #3 Reach a Resolution Faster

Preparing a case for trial can be time consuming for an attorney. The cost associated with legal fees, expert witnesses and the like can be expensive. Essentially, the longer it takes to resolve a case, the more expensive it can be. Because of these factors, the likelihood of resolving your case faster through the settlement process is far more probable. Accepting a settlement can help you to move forward with your life and focus on your recovery.

Reason #4 Less Risk

Settlements can provide many victims with peace of mind. This is especially true when there is an attorney who can help to achieve an optimal settlement. A settlement gives both parties the opportunity to negotiate a settlement that is fair. Taking a case to trial, can pay big, but comes with a significant amount of risk. Not only is a trial time consuming and expensive, there are no guarantees in the end. A trial that ends unfavorably could mean walking away empty handed in the end.

For more information regarding settlement offers, contact a personal injury lawyer Deer Park, TX trusts at John K. Zaid & Associates who has experience representing victims of bicycle accidents. Not only will they review your specific case, they may be able to help formulate a legal strategy that can help you retrieve compensation for the injuries and losses you have ascertained.

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