How Are Personal Injury Settlements Paid Out?

Filing a claim against the person, entity, or parties responsible for your personal injury can help you recover damages.

But how are personal injury settlements paid out? A Phoenix personal injury lawyer can give you all the details. In the meantime, read on to learn more.

Receiving a Personal Injury Settlement

During a personal injury dispute, things are usually resolved in one of two ways: via settlement or a jury verdict.

In order to avoid the lengthy process of going to court and filing a formal lawsuit, the two parties in a personal injury dispute may decide to settle out of court.

In these instances, it’s likely that your financial settlement is paid out by the insurance company responsible for insuring the at-fault party.

For example, in case of a car accident, a car insurance company will likely pay out your claim. In other cases, such as that of a dog bite claim, the homeowner’s insurance policy may be responsible for paying your settlement.

Forcing a settlement isn’t automatic, however. It requires successful use of physical evidence, testimony, and negotiation to achieve. If you need help getting a settlement that covers all of your damages, a personal injury lawyer can help.

Reach Out to a Personal Injury Lawyer

Do you need help maximizing your personal injury settlement and getting compensated for your medical bills and other damages? A personal injury attorney from Zachar Law Firm, P.C. can help.

Contact us for a free consultation by calling 602-494-4800 or by filling out our contact form to get started.

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