How to settle a case?
You have been through the workers compensation process and now want to settle with the insurance company. Whether you have hired an attorney or have been going through the process alone, there is some important information to know when going through this process. As the injured party you have several options in trying to settle with the insurance company.
The first option is to contact the insurance company directly to settle the case. The amount the insurance company will pay for an injury varies. No two accidents are the same and the insurance company will weigh hospital bills, lost wages, rehabilitation expenses, and future expenses in determining your settlement. It is important that whether you have had a life changing injury or have recovered successfully that you are compensated for all expenses as a result of the injury. Insurance companies are want to settle cases, the quicker they settle a case, the less likely they will be liable for any future expenses because the injured party will forgo those expenses in the settlement. In Florida, once the injured party and the insurance company have come to a settlement, the insurance company will most likely pay the injured party a lump sum. When the injured party accepts this lump sum, they will have to close their workers compensation claim. As part of the settlement, the injured will have to agree that they will no longer claim to have the insurance company pay any additional medical expenses or lost wages that they might experience in the future.
A way that insurance companies typically like to settle a workers compensation claim is through mediation. Mediation is a negotiation technique where both parties will meet and with the help of a neutral third party come to a settlement. In Florida, at the conclusion of the mediation the parties can agree to a lump sum and if the parties agree the claim will be closed. Mediation is an important technique because it is easier to speak to the insurance company about your damages then having to go back and forth with the insurance company. At mediation the negotiations will be open for discussion and the mediator will guide the process and make sure that everything runs smoothly.
At The Hoffman Firm, we have represented many worker compensation cases throughout South Florida who are trying to recover their settlement from the insurance company. If you are trying to settle your workers compensation claim, it is important to have someone that will protect your interests and guide you through every stage of the legal process. The legal process can be incredibly stressful, it is essential to have someone that will be your voice and has the experience of representing South Florida residents in worker compensation cases. We are dedicated to providing you with the best the legal team and are compassionate of your needs throughout this process. Call us now at (800) 223-1866 or contact us online to set up your free, confidential consultation now.
Evan A. Hoffman
Mr. Hoffman’s philosophy is "our knowledge and experience is your best defense." He has been a featured author on criminal law issues such as driving under the influence, domestic violence and illegal searches.Read More