Why You Should Not Accept a Cash Offer for Your Accident
In some accidents, the person who caused the accident may offer a cash payment to avoid insurance or police involvement. While these offers may be tempting, in most situations you should decline the offer and pursue a formal claim for damages. Bradenton FL injury attorneys can help you pursue a settlement amount that adequately compensates you for all of the injuries you sustain.
Why should you decline a cash offer?
The immediate access to cash for an accident may seem appealing, but it may not be enough to fully compensate you. The extent of the property damage and your personal injuries may not be immediately apparent, so it is important to know all of your damages before you accept an offer.
If you accept a cash offer and sign a release, then later find out that your damages and expenses actually exceed the amount you accepted, you may be barred from pursuing a claim for those excess amounts.
Because some injuries take time to fully manifest themselves and it may take a while for you to know what your exact expenses are, you should be patient and wait before accepting an offer. Bradenton FL injury attorneys can help you understand why waiting may be beneficial in your specific case.
What types of damages could result in payment?
The law allows victims of negligence to recover damages for a variety of injuries, including:
- Bodily injuries
- Scarring and disfigurement
- Pain and suffering
- Property damage
- Lost wages
- Loss of consortium
- Rehabilitation costs
An attorney can help identify all of the injuries sustained in your case that may give rise to a claim for damages. Because every case is unique, it is important to work with an experienced attorney from the Neri Law Group who can explain your options.
If you have been injured in an accident, then contact Neri Law Group to learn more about your rights under the law.
