Reasons for Out-Of-Court Settlement for Compensation in Personal Injury Claims

Now, if you have been involved in a car accident or any other type of accident, for that matter, you might want to take a step back and think about the consequences. These are dramatic events which will usually cause quite a lot of complications. With this in mind, the first thing that you would likely want to do is go ahead and sue the other party for the negligence he demonstrated by causing the accident. This is especially true if you have incurred some sort of damages apart from strict material ones on your vehicle.

Reconsider going to court

However, going to court in Ontario, especially on the counts of personal injury is definitely something that you might want to reconsider. While the perspective of winning a significant compensation award might seem tempting, there are a few things that you need to take into account.

You need to know that courts in Ontario are overly flooded with work. There are not enough people to handle all of the claims and more and more a pouring in on a daily basis. To put it in simpler terms, if you go there today and file a claim for compensation, you are not getting your hearing scheduled for at least 2 years. That’s something that you need to account for. With this in mind, it’s important to make sure that you are aware of these facts so that you know what to expect.

Furthermore, you need to know that a trial procedure requires quite the investment. You will need to go ahead and pay all of the court taxes and associated legal fees in advance, which could be quite a lot. Sure, you are going to get them back in the event that you win but until that this money is something that you’d have to invest on your own. And that’s definitely not a small amount so keep this in mind.

Also, you should know that trials are more or less risky. Your personal injury lawyer can only control all of it but only help you through dealing with the insurance adjuster or negotiating with the insurance company. Though most of the experienced lawyers try to settle a quick compensation if the amount that the insurance company offers is good, otherwise they will take it to the trials. He wouldn’t be able to directly control the overall outcome of the case and that’s up to the discretion of the judge and jury. This is why you never know exactly how it may end and whether you are going to get the compensation at all.

If you think that all that sounds pretty bad, and what should I do, read on. Well, if you want to ensure that everything is handled perfectly and in a timely manner, the best thing you can do is settle. This is going to get you the money quickly and there is no risk involved. Sure, you are likely to get a little less out of the settlement offer but at least you are getting rid of all the other drawbacks.