Car Accident Lawyer in Tampa, FL Explains the Difference between Settlements and Awards

Hiring a car accident lawyer from Clark & Martino, P.A. is important whether you are seeking compensation from your insurance company through a settlement or an award. Just what is the difference between the two and why does the distinction matter? To begin with, a settlement can occur relatively soon after a car accident. If your insurance company offers you a sum of money, you are free to accept this amount and at that point your case will be over. Negotiation is an integral part of settlement, which is why it is so important to have a skilled car accident lawyer from Clark & Martino in your corner as the process unfolds. An award, on the other hand, involves taking your case to trial and giving to a judge or jury the authority to decide what amount of money you will get. While awards are more unpredictable than settlements, often times they are far more lucrative. One big disadvantage of seeking an award (as opposed to a settlement) is that trials require a significant amount of time and preparation, and you risk walking away empty handed.

At Clark & Martino, our lawyers can help you decide which strategy – settlement or award – is best. The most important thing is that you get compensated for each of your injuries and expenses, including:

  • Hospital bills
  • Prescription drugs
  • Pain and suffering
  • Physical therapy
  • Lost wages
  • And more

To speak to a car accident lawyer, contact Clark & Martino. We will be happy to evaluate your case at no charge.

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