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If you have been involved in a car accident, this traumatic experience can leave you feeling overwhelmed and eager to move on. However, it’s crucial to keep a clear head and not rush into settling your claim too quickly. Understandably, you may face hefty medical bills, lost wages, and other damages that could make immediate compensation seem like the best option. In most cases, accepting an early settlement will result in receiving far less than the actual value of what your claim is worth. Therefore, it’s in your best interest to enlist the help of a knowledgeable New York City Car Accident Attorney who can help you negotiate a fair settlement. Please continue reading to learn the dangers of settling a car accident claim too early.  

What is a Settlement?

Firstly, it’s crucial to understand what a settlement entails. Essentially, this agreement ends disputed matters without going to trial. Parties often settle before taking their claim to court because a jury trial doesn’t always guarantee a favorable outcome. However, accepting a settlement after a car accident means accepting the at-fault party’s insurer’s compensation offer, thereby relinquishing the negligent party from further liability. Ultimately, a settlement closes your case.

What Are the Dangers of Settling a Car Accident Claim too Soon?

Following a car accident, an insurance adjuster will likely approach you and offer you a lowball settlement. While insurance adjusters may seem on your side, it’s essential to understand that they don’t have your best interest at heart. Instead, their objective is to minimize your payout. Therefore, if you settle too quickly, you will receive inadequate compensation for your economic and non-economic damages.

It’s essential to keep in mind that you only ever get one chance to settle your injury claim. If things get worse later on, you won’t be able to pursue legal action to seek more compensation for your losses. The true extent and severity of your injuries may not be immediately apparent after a collision. If you agree to an early settlement, it may not be sufficient enough to cover all your damages. This can leave you with a considerable financial burden. It’s essential to wait until you’ve reached the maximum recovery from your injuries to fully understand the extent of your damages. Furthermore, if you settle your car accident claim, you will have no legal recourse, meaning you won’t be able to file a personal injury lawsuit against the negligent party. Once you accept a settlement, you lose the opportunity to negotiate and secure a more favorable award.

That said, you should enlist the assistance of an experienced New York City car accident attorney who can help you fight for the fair compensation you deserve for your damages. At Sweling Law, we are prepared to assist you in protecting your rights and interests.


To a man who was assaulted at a restaurant and sustained a traumatic brain injury.


Settlement to a barista who slipped and fell on a defective stairwell while working for Starbucks who sustained back injuries requiring multiple surgeries in 2012.


Settlement to a woman who was assaulted and sustained back/hip injuries in 2015.


To a man who sustained back injuries when he was a passenger in the car that rear ended another car.


Verdict to a high school student who was assaulted by a school dean during her lunch period dislocating her hip in 2014.

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