HMany personal injury victims do not realize that most insurance claims are settled out of court. This is especially true in obvious cases of fault when the insurance provider or negligent respondent knows they will be required to pay out some amount of damages. They also understand that many injured claimants are anxious to receive their settlement as well, which means the opposing party will often want to settle the claim quickly as opposed to attempting to take the case to court. Las Vegas personal injury attorneys realize this scenario, and often our legal professionals at Albright Stoddard Warnick & Albright can negotiate a settlement in short order when all of the material facts are considered by both parties.
Advantages of Settling Out-of-Court
There are a few real advantages of settling a case before going to court. It not only reduces the time the claimant must wait for damages, but it also keeps the case out of the public eye. This can be important in many instances depending on who the litigants are, as many would just as soon keep an issue quiet. In addition, it is effectively a guaranteed victory and could potentially help a defendant avoid punitive damages, which can often be uncontrolled and very expensive.
Avoids a Comparative Negligence Assignment
Nevada comparative negligence law holds that a defendant must pay the plaintiff if they are 50% or greater at fault for the injury. This can be an important requirement in an auto accident with shared fault. Settling an injury claim before filing a legal action can keep the plaintiff from being assigned a comparative negligence percentage that a jury would use to discount maximum damages for the plaintiff. In the right scenario, your LV personal injury lawyer understands that settling beforehand can actually result in greater financial compensation for the injured claimant.
Never Handle an Injury Claim Personally
Personal injury claims are often more valuable than the injured parties expect. Always call an experienced personal injury attorney in Las Vegas like the legal pros at Albright Stoddard Warnick & Albright for free case evaluation and potential out-of-court settlement.