An interesting fact is that at least 95% of the personal injury cases in the province of Ontario never reach the court room. You may be wondering – how are they taken care of? Well, the answer is really easy as the involved parties prefer to settle them outside of the court, instead of forgoing the procedure. This is something that you might want to account for. However, don’t attempt to deal with the insurance company on your own or you might be low balled into settling for a pitiful amount in the name of compensation.
There are quite a lot of different advantages that stem from this particular approach. Obviously, if such a huge percentage of the cases never reach the court, there is something about it. So, with this in mind, let’s go right ahead and take a look at the significant advantages of settling your case before it reaches the courtroom.
Faster justice and compensation
That’s just it. This argument should be enough to convince you to settle your case. If you had to file a personal injury right now, at any of the courts in Ontario, you would get your hearing scheduled somewhere in the next 2 years. This is time that you might not be able to spend, especially if you want to get on with your regular life as soon as possible. You can settle your case as soon as you reach agreeable terms with the opposing party and that’s why it’s very time-efficient.
Less expenses in court fees
The court is going to charge you quit a lot of legal taxes when it comes to it. This is going to make it even more burdensome than it already is. What is more, the legal fees of your attorneys are also going to spiral up as the time progresses. This is something that you can avoid.
That’s without a doubt one of the most considerable advantages. You know how much your claim is worth and all you have to do is negotiate for it. Even if you get a slightly reduced amount – you are already on top of it. This is because you will save a staggering amount of legal fees and expenses as well as time.
In any case, settling your case is always the best option in front of you; provided you have a strong case and you can negotiate a fair settlement. With this in mind, hiring an attorney might seem a bit redundant but it most certainly isn’t, especially as you are most likely to be negotiating your settlement with the insurance company. Make sure that you go ahead get one who is professional and experienced in order for him to handle all of the settlement talks properly and accordingly. This is something tremendously important. It needs to be accounted for by someone with the necessary expertise.